Revolutionizing cost optimization: Management accounting tools for industrial enterprises in Ukraine
The article discusses how management accounting tools can be used to track expenses at industrial enterprises in Ukraine. It looks at how management accounting differs from regular accounting, focusing on financial and economic activities like resource usage and financial performance. The study outlines methods for organizing management accounting and highlights the importance of detailed and targeted accounting procedures. It also explores international practices for cost optimization and different ways to calculate product costs. The main goal is to provide managers with accurate and timely information to help them make balanced decisions about resource allocation in production.