Gusak L. Accounting and control for inventories: logistic approach

Purpose of research lies in the grounding of the theoretical statements and development of practical recommendations on improving accounting support and control procedures concerning management of production inventory under condition of applying logistic method. Object of research: business transactions with production inventory of industrial enterprises. Subject of research: theoretical, organizational and methodical grounds of accounting for and control over production inventory under conditions of applying logistic method to their management. Methods of research: logical method, historical method, cause-effect relationships, induction and deduction, grouping, comparison and generalization, analysis and synthesis. Scientific novelty of the results obtained lies in the grounding of the theoretical statements and development of recommendations on improving organizational and methodical grounds of accounting for and control over production inventory as an object of a logistic system, which assists in the increase of efficiency of the management system functioning on the whole. The most significant results characterizing the scientific novelty are as follows: for the first time the following results have been obtained: communication relationships of the accounting system and the logistic system in the context of managing production inventory have been theoretically grounded through structuring communication channels, determining directions of subject interaction and formalization of accounting messages; the following issues have been improved: accounting policy in the part of forming production inventory cost in different forms of the logistic system organization, assessing the process of writing off production inventory as well as determining the peculiarities of forming logistic expenses and their reflection as a part of operation costs; organizational grounds of accounting on the basis of logistics classification; methodic support of accounting for production inventory and logistic expenses, connected with their flow; normative regulation of internal control over production inventory in the context of logistics by working out the three-tier system of internal normative statements; methodic statements of internal control over production inventory and logistic expenses on the basis of applying methods of documental and actual control as well as the order of estimating the efficiency of using logistic approach in the process of production inventory management, the following issues undergone further development: elimination of the disagreements peculiar to the accounting terminology through the theoretical grounding of the logistics grounds in the system of production inventory management by specification of the concepts "logistics of production inventory" and "logistic expenses"; periodization of accounting for production inventory in the context of logistics evolution.