Al-Ghozou A. Cost accounting and calculation of cost price of airline services

Thesis is devoted to complex solution of problems of improvement of accounting of operational expenses and calculation of cost of air services by means of development of theoretical and practical recommendations which are based on principles of socially oriented economy and directed on provision of information needs of airline management. Influence of branch features of airlines on formation of structure and structure of operational expenses is investigated and their classification according to requirements of the account and management is specified. The low efficiency of the existing methods of accounting for airline expenses was proved and the use of a hybrid (combined) accounting model, which includes elements of regulatory, variable and process-oriented approaches to calculating the cost of air services, was proposed. The dominant accounting policies in the management of airline operating costs are outlined and a quality assessment model for the implementation of the Accounting Policy Order is proposed. Practical recommendations on the use of the step-by-step cost-coverage model in forming the cost of flights and determining the financial results of the airline are provided. In order to reduce unproductive expenses, the concept of complex reflection of deviations of actual expenses from standards in the accounting system was formed, which is based on the "standard-cost" principles, and the model of accounting reflection of the impact of deviations revealed on the financial results of the airline was proposed. Developed methodical principles of forming financial results in order to reduce information asymmetry in satisfying the needs of different groups of stakeholders and harmonizing their interests in evaluating the airline's performance.