The object of research is the management control of the costs of machine-building enterprises. The most problematic areas are obsolete management cost control tools, the lack of effective information and analytical cost management system and obsolete cost management tools. It is necessary to analyze the main stages of the management control of costs and highlight the main aspects of the existing limitations of the management control system costs. As an instrument on the basis of which a cost management mechanism is developed in this study to improve the efficiency of the enterprise, EVA (Economic Value Added) indicator is selected. This indicator is used to estimate the value of business as an indicator of the efficiency of the business entity, however, it was used as a cost management tool. This allows not only to cut costs, but also to identify unproductive expenses, do not bring added value to the consumer (rejection, work with hopeless debtors, etc.). Due to the financial mechanism of cost management based on the EVA method, it is possible to model, conduct and evaluate decisions in the aspect of added value. In the course of the research, the main indicators of the EVA method were modified to solve the problem of management cost control by effectively allocating financial resources within the framework of the implementation of the financial mechanism for managing costs. The application of the EVA indicator will allow to focus attention on the priority directions of development and build an effective financial mechanism for managing costs. This approach is characterized by the application of the principle of resource-saving in the process of reducing costs, as well as the principle of reducing investment, do not create added value. It is proved that the EVA indicator allows to answer the question of the company’s investors about what type of financing and the amount of capital necessary to obtain a certain amount of profit. It is analyzed that this approach makes a new emphasis on optimizing the size and structure of capital, therefore, companies that have realized the need to reduce costs need to pay due attention to this fact. Author Biography Lesia Prysiazhniuk, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute», 37, Peremohy ave., Kyiv, Ukraine, 03056 Postgraduate Student Department of International Economics
Alan : Fen Bilimleri ve Matematik
Dergi Türü : Uluslararası
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|