Proceedings of the 5th International Conference on Accounting, Auditing, and Taxation (ICAAT 2016)

Problematic Issues of Cost Accounting Policies in Russian Companies

Authors
Olga D. Kaverina, Polina M. Lebedeva, Tatiana O. Terenteva
Corresponding Author
Olga D. Kaverina
Available Online December 2016.
DOI
https://doi.org/10.2991/icaat-16.2016.22How to use a DOI?
Keywords
Policy, management decisions, cost accounting
Abstract
Cost information forms the basis for a range of business decision-making and is also needed for financial reporting. The requirements to such information are differentiated, which leads to the need for application of costing methods and procedures, with their variants established in internal company regulations. This paper presents the results of a study aiming to prove the research question about insufficient regulation of costing procedures in contemporary Russia, which results in risks of making inefficient managerial decisions due to presentation of irrelevant information. The paper substantiates the conclusion that accounting policies present a narrow and non-alternative list of items related to costing. Reasons behind this phenomenon are analysed and organized by factors. The paper suggests developing cost accounting policies for companies on the grounds of necessary conditions and key parameters.
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Proceedings
5th International Conference on Accounting, Auditing, and Taxation (ICAAT 2016)
Part of series
Advances in Economics, Business and Management Research
Publication Date
December 2016
ISBN
978-94-6252-261-9
ISSN
2352-5428
DOI
https://doi.org/10.2991/icaat-16.2016.22How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Olga D. Kaverina
AU  - Polina M. Lebedeva
AU  - Tatiana O. Terenteva
PY  - 2016/12
DA  - 2016/12
TI  - Problematic Issues of Cost Accounting Policies in Russian Companies
BT  - 5th International Conference on Accounting, Auditing, and Taxation (ICAAT 2016)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/icaat-16.2016.22
DO  - https://doi.org/10.2991/icaat-16.2016.22
ID  - Kaverina2016/12
ER  -