COST MANAGEMENT OF MODERN ENTERPRISES

Abstract

The differences between the concepts of kinds costs are shown, the essence of the cost management system at the enterprise is considered, the most important functions of the cost management system are defined. The existence of a management system with its subsystems at an enterprise allows defining future problems, as a result of which issues of modern industrial production will be controlled and practically solved. Thus, combining the capabilities of the existing theoretical and methodological tools for managing the costs and needs of managerial practice is the most urgent task of scientific research and predetermines the novelty of the research. The purpose of the article is to characterize the process of cost management in a modern enterprise, taking into account factors that increase the profitability of the enterprise. The authors identified the main shortcomings in the activities of the management personnel of the enterprise for cost management. The originality of the research is to justify the goals of the modern enterprise cost management regarding the achievement of the result of the implementation of the management process itself, which implies the functioning of the adopted organizational structure. In turn, it is substantiated that the organizational structure reflects the course of performance of management functions and characterizes its dynamics. The practical significance of the study is the development of methods for selecting and formulating the goals of managing the costs of an enterprise, which are determined by the strategy of the enterprise and the specific conditions for their implementation. The conclusion substantiates the conclusion that in order to make optimal managerial and financial decisions, it is necessary to have information about the costs, as well as to know the main subjects of management, the list of forms of documents and reports created by the subjects of management.