Conceptual bases of managerial accounting of costs and approaches to its automation

In this article, the issues related to the conceptual bases of managerial accounting have been considered. The review and analysis of the views of Ukrainian and foreign scientists on managerial accounting allowed to determine the essence of the analyzed category, which consists in the fact that this type of accounting is necessary for the management as well as for specialists of the enterprise for the the most effective decisions makingand for the preparation of accounting information, the value of which is very important for the entrepreneur, in order to represent their own and others' opportunities in the competitive struggle for survival in tough market conditions. Essence investigation of the definition of «managerial accounting» revealed the meaning of this concept, which ultimately results in improving the efficiency of economic and financial activities of the enterprise. It has been determined that a number of tasks has been set to managerial accounting of costs, among which the most important is the provision of managers with information with the help of which it is possible to monitor the feasibility of conducting certain business transactions. In the article considerable attention was paid to the approaches of budgeting, accounting, analysis and management accounting systems automation, which allowed to distinguish two approaches to automation: the introduction of a new program or the creation of a new one by developing a qualitative technical task. The conducted research allowed to distinguish the most common issues and errors of managerial accounting automation: a weak link with the strategy of enterprise development; non-participation of the management in the process of development and implementation of the system; attempts to automate «all at once». Indisputable fact that emerged during the study, is that the availability of effective financial management technologies, primarily management accounting, is becoming a determining factor for the company's competitive viability