In this article, based on the analysis of industry sources, definitions of the concepts "production costs", "product cost", "cost of convertion" were developed, and a system of production costs and cost indicators was developed. It was recommended to include working accounts related to the cost of production in the working accounts plan in the organizations transitioning to IFRS and accounting developments related to the connections of these accounts. Based on the requirements of international standards, it was proposed to include other overhead costs, i.e. sales costs, in the cost of finished goods if they are related to the movement of inventories (in cases not related to the sales process).
The article analyzes the theoretical and methodological foundations of overhead cost allocation. The stages of primary and secondary allocation and their significance in determining product cost and substantiating managerial decisions are examined. Based on the principles of cause-and-effect, fairness, consistency, and efficiency, the criteria for optimal cost allocation are identified. Furthermore, the necessity of implementing multi-criteria and adaptive allocation models in modern production conditions is emphasized. The research findings enhance the accuracy of product costing, improve the assessment of resource utilization efficiency, and expand the opportunities for substantiating managerial decisions.
This article analyzes the main methods of reducing and optimizing product cost in small industrial enterprises. Cost reduction enables companies to increase their competitiveness and quickly adapt to market demands. The paper examines effective management of production processes, rational use of raw materials and resources, implementation of technological upgrades, as well as the improvement of logistics and inventory systems. In addition, cost optimization strategies tailored to the economic conditions of small businesses are proposed.
The article considers the category of a necessary product as an employee's livelihood fund, and its cost is the cost of labor. At the same time, the necessary product is a single measure of workers across the entire production sector, but as an abstract category. In practice, wages, as the converted value of labor, are differentiated depending on the productive power of labor.
This article analyzes the economic significance of internal and external factors affecting product cost, as well as methods of econometric modeling and forecasting to assess their impact. Additionally, the article covers the practical application of econometric modeling and forecasting and their impact on the activities of manufacturing enterprises. Scientific proposals and practical recommendations are provided based on the research results.
Determining the cost of production is a key factor for effective management in the manufacturing and service sectors. Modern costing methods, based on information technologies and complex models, simplify the process of determining and analyzing costs. These methods play a crucial role in optimizing production processes, efficiently managing costs, and making managerial decisions. Each method has its specific advantages, contributing to accurate calculations and achieving economic efficiency. The implementation of these methods based on modern technologies and expertise helps organizations enhance competitiveness and reduce costs.
In this article, the issues of justifying the methodological aspects of the application of the IAS "Agriculture" in fisheries are covered. In particular, in relation to biological assets in fisheries, the rules for their recognition have been formulated based on the general rules of the IAS No. 41 "Agriculture"; directions for improving production cost accounting and product costing in fisheries in accordance with IAS No. 41 are indicated, and biological assets and products derived from them are categorized. Also, the use of international experience in the evaluation and accounting of fishery products made it possible to meet the requirements of the IAS and to integrate (harmonize) with the international community.
This article examines digital tourism as one of the fastest-growing phenomena in modern practice. The examples provided illustrate how people move within tourist flows, determining their direction and impact on host regions. Economic systems are cyclical by nature, with cost and revenue flows regularly recurring. Therefore, the article offers proposals and recommendations reflecting the crucial role of digital platforms in the tourism sector.
In this article, the economic importance of real estate, the fact that real estate taxation increases the competitiveness of property and has an important place in determining the tax base, are developed based on the analysis, and relevant recommendations are developed.
The rapid development of the global economy has led to an increase in demand for energy, raw materials, and minerals, which, in turn, has contributed to the development of the mining, processing, and chemical industries. Ensuring the competitiveness and sustainability of the chemical industry has become one of the key factors in the industry's development today. An enterprise's competitiveness is directly linked to the efficient use of resources. Management accounting ensures the organization and use of resources through methods such as decision support and cost optimization. The ABC (Activity-Based Costing) method is particularly effective in ensuring the efficient organization of costs and the accurate determination of product costs.
This article analyzes the theoretical foundations, practical application, and differences between absorption costing and variable costing systems used in the formation of product costs at enterprises. The advantages and limitations of these systems are highlighted based on international experience and the views of foreign scientists. Practical problems and suggestions for implementing these systems at Uzbek enterprises are also presented.
This article explores the role of fintech services in international financial markets, their development trends, and the emergence of innovative solutions driven by global experience. The author analyzes the role of fintech in the digital economy, highlighting regional characteristics (North America, Europe, Asia-Pacific, LAMEA) and the growing influence of companies like PayPal, Stripe, Revolut, and Ant Group. Based on statistical data, the article outlines key advantages of fintech services, such as speed, cost reduction, financial inclusion, and innovative product offerings. The conclusion emphasizes the future prospects of the fintech sector and the importance of cooperation between technological innovation and regulatory authorities.
In this article, the last added product, the average result obtained at the expense of economic resources, the level of attractiveness of the introduction of resources into the industry, the methods of calculating the indicators representing the efficiency of the processes of specialization of small business entities in economic sectors have been developed, the efficiency of the processes of specialization in the activity of small businesses in Uzbekistan has been evaluated and measures to increase it have been developed. developed.
The scientific article shows the content and essence of the mechanism of development of enterprises in the construction materials industry. In particular, ensuring the integration of elements of organizational structures and increasing the competitiveness of the enterprise; ensuring self-regulation and interaction of elements in order to organize efficient production; ensuring a steady push to create a permanent combination of production factors based on innovative risk; based on increasing the sustainability of the internal and external environment of the enterprise, as well as ensuring liberalism and effective development of enterprises.
