The article explores how accounting policy influences cost management in enterprises. It emphasizes the importance of choosing the right methods and procedures for accounting to meet the needs of owners and external users. Costs are seen as decreases in economic benefits or increases in liabilities that affect equity. Expenses are recorded based on specific conditions and are linked to income recognition. Effective cost management involves minimizing costs and optimizing production processes. By efficiently managing costs, enterprises can assess resource use, identify profit opportunities, and enhance production efficiency.