Information systems for cost control of current biological assets of crop production
The economic events of recent years caused by the effects of the pandemic have contributed to rising farm costs. Determining the unit cost of current biological assets of crop production and detailing these costs by major categories is one way to optimize them and increase the efficiency of the main...
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| Format: | Article |
| Language: | fas |
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University of Tehran
2022-09-01
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| Series: | Journal of Information Technology Management |
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| Online Access: | https://jitm.ut.ac.ir/article_88882_5b2a5bee7d055bccdd2c4e62a5a7ed1e.pdf |
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| author | Hanna Hryshchuk Yevheniia Kaliuha Nataliia Kuprina Vitalina Babenko Anastasiia Kashperska |
| author_facet | Hanna Hryshchuk Yevheniia Kaliuha Nataliia Kuprina Vitalina Babenko Anastasiia Kashperska |
| author_sort | Hanna Hryshchuk |
| collection | DOAJ |
| description | The economic events of recent years caused by the effects of the pandemic have contributed to rising farm costs. Determining the unit cost of current biological assets of crop production and detailing these costs by major categories is one way to optimize them and increase the efficiency of the main activities of the producer. It requires formation and implementation effective cost control mechanisms in crop production.The purpose of this study is development of scientifically sound proposals and recommendations for controlling the cost of current biological assets of crop production, identifying priority cost items at each stage of cost formation. The main standards for accounting for current biological assets of crop production in Ukraine are IAS 41 "Agriculture" and NP (S) FA 30 "Biological assets". Control is regulated by the company's accounting policy. It has established that it is possible to determine the actual cost of agricultural products only at the end of the year. Currently, in Ukraine there is no legal act that would give the right to reduce the time of determining the actual cost of agricultural products. To determine the financial result, there is a method of sequential closing of accounts of different types of agricultural production. In order to improve the system of control over the value of current biological assets of crop production in agricultural enterprises, it is proposed to strengthen internal control by means of information systems and technologies. Control of costs that form the cost of crop production should be carried out both at the planning stage and during the execution of works and at the stage of their completion. |
| first_indexed | 2024-04-10T09:30:16Z |
| format | Article |
| id | doaj.art-ce86dcfa933c445aa5610860fe75a92a |
| institution | Directory Open Access Journal |
| issn | 2008-5893 2423-5059 |
| language | fas |
| last_indexed | 2024-04-10T09:30:16Z |
| publishDate | 2022-09-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | Journal of Information Technology Management |
| spelling | doaj.art-ce86dcfa933c445aa5610860fe75a92a2023-02-19T06:55:32ZfasUniversity of TehranJournal of Information Technology Management2008-58932423-50592022-09-0114Special Issue: Digitalization of Socio-Economic Processes7810310.22059/jitm.2022.8888288882Information systems for cost control of current biological assets of crop productionHanna Hryshchuk0Yevheniia Kaliuha1Nataliia Kuprina2Vitalina Babenko3Anastasiia Kashperska4Department of Accounting and Taxation, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.Department of Accounting and Taxation, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.Department of Accounting and Audit, Odessa National Academy of Food Technologies, Odessa, Ukraine.International E-commerce and Hotel&Restaurant Business Department, V. N. Karazin, Kharkiv National University, Kharkiv, Ukraine.Department of Accounting, Audit and Taxation, State Biotechnological University, Kharkiv, Ukraine.The economic events of recent years caused by the effects of the pandemic have contributed to rising farm costs. Determining the unit cost of current biological assets of crop production and detailing these costs by major categories is one way to optimize them and increase the efficiency of the main activities of the producer. It requires formation and implementation effective cost control mechanisms in crop production.The purpose of this study is development of scientifically sound proposals and recommendations for controlling the cost of current biological assets of crop production, identifying priority cost items at each stage of cost formation. The main standards for accounting for current biological assets of crop production in Ukraine are IAS 41 "Agriculture" and NP (S) FA 30 "Biological assets". Control is regulated by the company's accounting policy. It has established that it is possible to determine the actual cost of agricultural products only at the end of the year. Currently, in Ukraine there is no legal act that would give the right to reduce the time of determining the actual cost of agricultural products. To determine the financial result, there is a method of sequential closing of accounts of different types of agricultural production. In order to improve the system of control over the value of current biological assets of crop production in agricultural enterprises, it is proposed to strengthen internal control by means of information systems and technologies. Control of costs that form the cost of crop production should be carried out both at the planning stage and during the execution of works and at the stage of their completion.https://jitm.ut.ac.ir/article_88882_5b2a5bee7d055bccdd2c4e62a5a7ed1e.pdfcontrolcostaccountingcurrent biological assets of crop productioncostsinternal cost control systeminformation control systems |
| spellingShingle | Hanna Hryshchuk Yevheniia Kaliuha Nataliia Kuprina Vitalina Babenko Anastasiia Kashperska Information systems for cost control of current biological assets of crop production Journal of Information Technology Management control cost accounting current biological assets of crop production costs internal cost control system information control systems |
| title | Information systems for cost control of current biological assets of crop production |
| title_full | Information systems for cost control of current biological assets of crop production |
| title_fullStr | Information systems for cost control of current biological assets of crop production |
| title_full_unstemmed | Information systems for cost control of current biological assets of crop production |
| title_short | Information systems for cost control of current biological assets of crop production |
| title_sort | information systems for cost control of current biological assets of crop production |
| topic | control cost accounting current biological assets of crop production costs internal cost control system information control systems |
| url | https://jitm.ut.ac.ir/article_88882_5b2a5bee7d055bccdd2c4e62a5a7ed1e.pdf |
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