RESEARCH OF ANALYTICAL CAPABILITIES OF MANAGEMENT COST ACCOUNTING IN THE CONDITIONS OF ECONOMIC TRANSFORMATION

Abstract

The modern world has turned from a cluster of national economies into a global market. The emergence of new global e-business models and e-governance systems based on digital technologies and the Internet has become a necessity for managing organizations of all sizes. In the circumstances of the transformation of the economy, effective regulation suggests the formation of such an information system that can provide reliable, convincing and up-to-date information for making effective management decisions, leading to an increase in the importance of management accounting. Against the background of the transformation of the economy, there is a transformation of the principles and models of management, providing for the reform of the goals and objectives of management. The paper shows the analytical possibilities of managerial cost accounting in the context of economic transformation. The interrelation of organizational procedures of the management cost accounting system, which includes a set of closely interacting components of the mechanism of information and analytical support for management subjects, is described. In order to make more effective management decisions, a significant amount of accounting data should be entered into the system. It is proposed, when using digital technologies at enterprises, to build an actual digital accounting model, which should take into account the rational optimization of various accounting systems for business planning, financial performance assessment, forecasting and control over the activities of an economic entity.