Management accounting for centers of responsibility of «expenditures»

The article is devoted to the practical application of the management accounting tools for responsibility centers «Expenditures» on the example of industrial enterprises of Ukraine. The paper investigates the modern vision of management accounting in the conditions of formation of balanced management, which has significant differences from the accounting one. If the subject of accounting deals with business operations of an enterprise, then the subject of management accounting deals with the facts of financial and economic activity (economic, social, environmental) concerning the processes of supply of resources, their consumption, as well as financial performance of the enterprise in the reporting period and in the future. The object of management accounting is the formation of the necessary targeted management information about the effectiveness of the using resources or the impact on their evaluation based on the results of management accounting with a view to its further generalization, analysis and development of management decisions. The methods and organization of management accounting are systematized. The factors of formation of the necessary level of details and the target orientation of accounting procedures are revealed. The international practice of functioning of the responsibility centers in one of the priority areas of business development - cost optimization, and the alternative methods for calculating the cost of finished products are disclosed. The approaches to the formation of objective, operative and complete information of management accounting for the needs of managers at different levels of production enterprise with the aim of ensuring the balanced use of production resources are grounded