The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them
The article is aimed at a theoretical generalization of the nature and causes of appearance of transaction costs, development of proposals on formation of an effective model for their management, including the proposals on the basis of improved accounting for brewery enterprises. According to the ca...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2017-05-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-221_228.pdf |
| _version_ | 1818176524732334080 |
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| author | Khorunzhak Nadiya M. Petrushchak Sofiya M. |
| author_facet | Khorunzhak Nadiya M. Petrushchak Sofiya M. |
| author_sort | Khorunzhak Nadiya M. |
| collection | DOAJ |
| description | The article is aimed at a theoretical generalization of the nature and causes of appearance of transaction costs, development of proposals on formation of an effective model for their management, including the proposals on the basis of improved accounting for brewery enterprises. According to the carried out analysis of the authors’ positions on accounting, including the positions related to reflection of transaction costs in the accounting records, it has been concluded about expediency to account such costs by types, although only in regard to the activities, directed toward sales of production. A goal tree graph has been built to ensure the rationality of research on elaborating the classification (grouping) of transaction costs and on substantiating the composition of working accounts for their accounting. In order to ensure the continuity and timeliness of including the transaction costs into the prime cost of the production sold, it has been proposed to use planning and reporting calculations. An approach has been developed to determine the planned inclusion of transaction costs in the prime cost of the production sold (exponential average). An appropriate model for recording the transaction costs has been built. Prospect for further research will be construction of the efficient policy decisions concerning the enterprise’s activities, based on the above conception of the system of management of transaction costs together with its information base. |
| first_indexed | 2024-12-11T20:17:34Z |
| format | Article |
| id | doaj.art-a2f59649c68e44b3b95b06b76bdbe4cd |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-11T20:17:34Z |
| publishDate | 2017-05-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-a2f59649c68e44b3b95b06b76bdbe4cd2022-12-22T00:52:09ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-05-015472221228The Problematic Aspects of Accounting the Transaction Costs and Ways to Address ThemKhorunzhak Nadiya M.0Petrushchak Sofiya M.1Doctor of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting in the Public Sector and Service Sector, Ternopil National Economic UniversityStudent, Ternopil National Economic UniversityThe article is aimed at a theoretical generalization of the nature and causes of appearance of transaction costs, development of proposals on formation of an effective model for their management, including the proposals on the basis of improved accounting for brewery enterprises. According to the carried out analysis of the authors’ positions on accounting, including the positions related to reflection of transaction costs in the accounting records, it has been concluded about expediency to account such costs by types, although only in regard to the activities, directed toward sales of production. A goal tree graph has been built to ensure the rationality of research on elaborating the classification (grouping) of transaction costs and on substantiating the composition of working accounts for their accounting. In order to ensure the continuity and timeliness of including the transaction costs into the prime cost of the production sold, it has been proposed to use planning and reporting calculations. An approach has been developed to determine the planned inclusion of transaction costs in the prime cost of the production sold (exponential average). An appropriate model for recording the transaction costs has been built. Prospect for further research will be construction of the efficient policy decisions concerning the enterprise’s activities, based on the above conception of the system of management of transaction costs together with its information base.http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-221_228.pdftransaction costsclassificationaccountingaccounting recordsaccounting modelmanagement |
| spellingShingle | Khorunzhak Nadiya M. Petrushchak Sofiya M. The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them Bìznes Inform transaction costs classification accounting accounting records accounting model management |
| title | The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them |
| title_full | The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them |
| title_fullStr | The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them |
| title_full_unstemmed | The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them |
| title_short | The Problematic Aspects of Accounting the Transaction Costs and Ways to Address Them |
| title_sort | problematic aspects of accounting the transaction costs and ways to address them |
| topic | transaction costs classification accounting accounting records accounting model management |
| url | http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-221_228.pdf |
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