Responsibility Centers in the System of Management Accounting of Life Insurance Companies
The aim of the article is to determine the specifics and tasks of responsibility centers in the system of management accounting of life insurance companies. Based on studying modern research works, which comprehensively reveal the problems of appointment and organization of management accounting in...
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| Format: | Article |
| Language: | English |
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PH "INZHEK"
2018-12-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-309_316.pdf |
| _version_ | 1797331222887661568 |
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| author | Kryvytska Olha R. |
| author_facet | Kryvytska Olha R. |
| author_sort | Kryvytska Olha R. |
| collection | DOAJ |
| description | The aim of the article is to determine the specifics and tasks of responsibility centers in the system of management accounting of life insurance companies. Based on studying modern research works, which comprehensively reveal the problems of appointment and organization of management accounting in activities of business entities, it is found that most of them relate to enterprises of various forms, types, and a rather insignificant number of works consider its specific characteristics, peculiarities in activities of insurance companies in general and life insurance companies in particular. The article defines the main tasks and criteria for assessing performance of centers of income, expenditure, investment, and profit, taking into account peculiarities of the main activities of life insurance companies. The key aspects in organizing activities of each of the mentioned centers are presented. The attention is paid to the necessity of introducing computer technologies in activities of the centers of responsibility, which will increase efficiency of processing a large array of information contained in various archives of an insurance company. |
| first_indexed | 2024-03-08T07:31:17Z |
| format | Article |
| id | doaj.art-9ae5eb2d30d1498399d2ddf541807a91 |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T07:31:17Z |
| publishDate | 2018-12-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-9ae5eb2d30d1498399d2ddf541807a912024-02-02T20:30:23ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862018-12-01438309316https://doi.org/10.32983/2222-0712-2018-4-309-316Responsibility Centers in the System of Management Accounting of Life Insurance CompaniesKryvytska Olha R.0Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Accounting and Audit, The National University of Ostroh AcademyThe aim of the article is to determine the specifics and tasks of responsibility centers in the system of management accounting of life insurance companies. Based on studying modern research works, which comprehensively reveal the problems of appointment and organization of management accounting in activities of business entities, it is found that most of them relate to enterprises of various forms, types, and a rather insignificant number of works consider its specific characteristics, peculiarities in activities of insurance companies in general and life insurance companies in particular. The article defines the main tasks and criteria for assessing performance of centers of income, expenditure, investment, and profit, taking into account peculiarities of the main activities of life insurance companies. The key aspects in organizing activities of each of the mentioned centers are presented. The attention is paid to the necessity of introducing computer technologies in activities of the centers of responsibility, which will increase efficiency of processing a large array of information contained in various archives of an insurance company.http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-309_316.pdfmanagement accountingresponsibility centerlife insurance companyincomeexpensesinvestmentsprofits |
| spellingShingle | Kryvytska Olha R. Responsibility Centers in the System of Management Accounting of Life Insurance Companies Problemi Ekonomiki management accounting responsibility center life insurance company income expenses investments profits |
| title | Responsibility Centers in the System of Management Accounting of Life Insurance Companies |
| title_full | Responsibility Centers in the System of Management Accounting of Life Insurance Companies |
| title_fullStr | Responsibility Centers in the System of Management Accounting of Life Insurance Companies |
| title_full_unstemmed | Responsibility Centers in the System of Management Accounting of Life Insurance Companies |
| title_short | Responsibility Centers in the System of Management Accounting of Life Insurance Companies |
| title_sort | responsibility centers in the system of management accounting of life insurance companies |
| topic | management accounting responsibility center life insurance company income expenses investments profits |
| url | http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-309_316.pdf |
| work_keys_str_mv | AT kryvytskaolhar responsibilitycentersinthesystemofmanagementaccountingoflifeinsurancecompanies |