Kotskulych T. Accounting and Control of Production Expenses in Building Wells

The economical essence of production expenses and cost was clarified in the dissertation, the legislative regulation of accounting and control of expences was analyzed, the influence of organizational and on the formation of expences accounting and control were researched. The classification of expences according to the peculiarities of drilling wells was designed. The mrthods of accounting and costing of production expenses were improved; the need of full-absorption costing was grounded. The principal scheme of production overheads distribution between the responsibility centters was designed. the methods of production expenses forecasting using the expenses models were offered, the methods of production expenses control using the flexible budgets were designed. Key words: drilling enterprises, production expenses, responsibility center, costing, inner control, production expenses forecasting, flexible budgets.