Chukhlib O. Accounting and analysis of production costs under the conditions of budgeting: theory and practice

Purpose of research - grounding of the theoretical statements and working out the practical recommendations on improving accounting and analysis of production costs of companies of gas producing industry under the conditions of budgeting, which will assist in effective cost management, optimizing good's cost structure as well as increasing companies' profitability. Object of research - accounting reflection and analysis of production costs under the conditions of budgeting. Subject of research - theoretical and organizational and methodic grounds of accounting and analysis of production costs of companies of gas producing industry under the conditions of budgeting. Peculiarities of the technological process of extracting gas and gas condensate have been detected, their influence on working out accounting for production costs has been determined. Composition of production costs of gas producing companies has been specified as well as their classification for accounting purposes has been developed. Expediency of introducing budgeting at the enterprises of gas producing industry has been grounded as well as complex system of accounting and analytical provision of production costs' management under the conditions of budgeting has been worked out. Forms of source documents and reports have been developed as well as analytical accounting has been improved according to the objects of cost accounting (responsibility centers, cost centers, costs' incurrence places) and costing objects. The organizational and methodic aspects of carrying out economic analysis of production costs for budgeting purposes have been improved that enables optimizing financial results of gas producing companies, minimizing cost of products.