Use of methods of operational cost management in the planning and accounting organization at the enterprises in Ukraine

Pogorelov, Yuriy; Kozachenko, Ganna; Ovcharenko, Ievgen; Illiashenko, Olena

doi:10.21511/ppm.16(3).2018.39

Cited by 3 publications

(3 citation statements)

References 9 publications

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“…Investment costs are costs incurred from before the project is implemented until the project starts running. Meanwhile, operational costs are costs that are routinely incurred from a production process (Aničić & Aničić, 2019;Pogorelov et al, 2018).…”

Section: Resultsmentioning

confidence: 99%

Financial Feasibility Analysis of Chocolate Spread with Coconut Ingredients as Agroindustrial Product

Savitri

Herlina

Novijanto

2021

JLB

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Chocolate spread is a type of paste which is mostly spread on breads and pastries. This research was conducted by calculating financial feasibility of chocolate spread with addition of coconut flour and coconut sugar produced by Yayasan Suren untuk Indonesia. The aim of this research is to observe the financial feasibility of chocolate spread with addition of coconut flour and coconut sugar in order to obtain its development strategy on production management and marketing. The results showed BEP value of 16659,4; PBP (year) value of 1,9; NPV value of 20389635,9; IRR value of 1526% and B/C ratio of 1,05. Therefore, based on financial feasibility analysis, this business is feasible to execute. Furthermore, based on sensitivity analysis using four scenarios, this business is not feasible to execute while undergoes increasing of price of raw material as big as 4% and decreasing of selling price as big as 3%. Based on those scenario, NPV value of this business was Rp -194.353.160,28 (<0); followed by value of IRR, Net B/C, payback period and BEP were 10,94%; 1,00; 7,88 and 155.020,62 respectively.

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Section: Resultsmentioning

confidence: 99%

Financial Feasibility Analysis of Chocolate Spread with Coconut Ingredients as Agroindustrial Product

Savitri

Herlina

Novijanto

2021

JLB

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“…Pogorelov et al pointed out that accounting costing is very important for enterprises. erefore, he took enterprise accounting costing as the main research object, studied the main function and its problems, and analyzed the corresponding optimization strategies [5].…”

Section: Introductionmentioning

confidence: 99%

A Centralized Accounting Method of Enterprise Accounting Cost Based on Fourier Transform Algorithm

Fan

2022

Mathematical Problems in Engineering

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With the rapid development of the economy, the challenges faced by enterprises are becoming more and more severe. In order to enhance the core competitiveness of enterprises themselves, enterprises pay more and more attention to accounting cost accounting. However, for a long time, enterprises have been using traditional accounting costing methods, which greatly hampered the development of enterprises. The Fourier transform (FT) algorithm is a commonly used information transformation method, which can simplify the complex cost accounting process. Based on this, this paper proposes a centralized cost accounting method for enterprise accounting based on FT algorithm, aiming to fundamentally change the traditional cost accounting thought. The article first analyzes and summarizes the general characteristics of cost accounting methods. Then, starting from the cost centralized accounting method, the paper optimizes the traditional cost accounting formula by using the FT algorithm and proposes a new accounting cost-centralized accounting formula based on the FT algorithm. Finally, starting from the reality and taking W company as the research object, the article focuses on analyzing the application of the centralized accounting method of accounting cost relying on the FT algorithm in the production and operation activities of the actual enterprise. After a series of experiments and analysis, we found that the centralized cost accounting method of enterprise accounting based on FT algorithm has a very high degree of fit with the actual situation, and the accuracy of cost accounting is as high as 70.01%. Moreover, in the process of enterprise cost analysis, the quality of accounting information of enterprises has been comprehensively improved by 31.9%. This fully shows that the centralized accounting method of enterprise accounting cost based on the FT algorithm can bring certain economic benefits to the enterprise and optimize the internal resource allocation of the enterprise.

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“…Over the last decade, the oil and gas in Indonesia and worldwide have seen substantial volatility (Pwc 2020). One of the most common strategies that oil and gas companies implement to improve their profitability is to manage their operational cost (Pogorelov et al 2018). The cost classification of oil and gas companies shows that operating costs are the highest costs in the oil and gas industry (Pwc 2020).…”

Section: Introductionmentioning

confidence: 99%

Accountability for Operational Costs Using the Business Process Management at Indonesian Oil and Gas Company

Proceedings of the International Conference on Industrial Engineering and Operations Management

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The accountability system in Indonesian oil and gas companies faces several critical problems such as low process efficiency, insufficient transparency, and a high potential for operational cost corruption and fraud. This study aims to analyze a business process of operating accountability cost using a cash card system in a shared service center in one Indonesian oil and gas company using Business Process Management. Business Process Management is performed by modeling and simulating the current (As-Is) process. Modeling As-Is process using iGrafx with Business Process Modeling and Notation (BPMN). Process management aims to understand the various activities related to the organization's operations and improve their efficiency. This study aims to identify processes that can be improved to reduce manual processes and time constraints. The proposed solutions are based on best practice methods that can be used to improve business processes. The researcher also suggested reviewing the entire process of making a new cash card so that users do not have to wait long to complete the process.

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Use of methods of operational cost management in the planning and accounting organization at the enterprises in Ukraine

Cited by 3 publications

References 9 publications

Financial Feasibility Analysis of Chocolate Spread with Coconut Ingredients as Agroindustrial Product

Financial Feasibility Analysis of Chocolate Spread with Coconut Ingredients as Agroindustrial Product

A Centralized Accounting Method of Enterprise Accounting Cost Based on Fourier Transform Algorithm

Accountability for Operational Costs Using the Business Process Management at Indonesian Oil and Gas Company

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