The article discusses how to manage costs in the aerospace industry through effective accounting and auditing. The researchers looked at factors influencing cost management and methods for auditing costs in aerospace product production. They found that proper cost accounting is crucial for analyzing and auditing expenses. The study suggests that accounting methods should accurately reflect all costs, distribute them appropriately, and provide timely information for decision-making. The proposed accounting method has practical significance for aerospace enterprises and can be applied to other companies in the industry.