Economic sciences / 7. Account and audit

 

R. Abdullina-senior teacher

A. Kuanyshbayev-student of the specialty "Account and Audit"

 

Kostanaysky state university of A. Baytursynov, Kazakhstan

 

Analysis of profitability of production of finished goods

 

The analysis of profitability shows the sales level necessary for a covering of all expenses for production at this scale an arbitrariness 1ва the Analysis of profitability defines a point in which the means obtained from sales, becomes enough for implementation of all liabilities.

In other words the Volume of profitability shows value at which the profit is equal to zero (the income are equal to expenses).

Profitable Sales volume = А/В;

And - constant expenses,

In - a share of gross profit in sales volume which is equal to value: the price for unit - variable costs of unit.

Complexity consists in definition of variables on 1 unit of production as release several products is carried out at once. For this purpose we will determine the relative size of gross profit percentage of the volume of realization of production.

The difference between the actual sales volume and sales volume in a point of profitability is called as a safety margin the Margin of safety shows as far as the realization volume before the firm will suffer losses can be reduced.

In the concept "expenses" reduction of assets (materials, money) or the increase in the obligation (is more often all than accounts payable), connected joins with emergence of costs of production. "the asset is determined by accounting Standards as the resource controlled by the subject, as result of the previous events and from which obtaining the income in the future is expected.

It isn't necessary to identify the concept "expenses" and "expenses" fully. "Expenses" are the articles of expenses relating to the current registration period. Expenses represent the used resource for obtaining the income during the current period. "Expenses" according to Standards of accounting represent income reduction for the reporting period in the form of leaving or use of assets, and also emergence of the obligations leading to reduction of the capital, other than capital distribution between participants (founders).

Costs of the enterprise of production and production realization in a monetary form make product cost.

The prerequisite to implementation of dynamic control of prime cost is that "Management of manufacturing enterprise" can be carried out by means of a configuration monitoring of a factor cost on all types of products. It is based on use of standards of expenses of resources on a unit of production (set in the corresponding specifications) and can be coordinated to changes of their prices. Besides, data on expenses can be coordinated to budget articles therefore can the operating control of its execution is carried out. On the basis of this information there is possible an operational assessment of cost of release with any extent of specification and monitoring of level of standard costs by data about the actual release. At change of cost of resources or change of specifications recalculation of planned (expected) cost of the release, based on standards of resource intensity of products, taking into account actually made production and level of the current stocks of each type of resources can be made. It creates prerequisites for expeditious updating of output plans and/or coordination of the prices with her consumers in case the forecast shows essential decrease е to profitability of planned release because of the change in price for consumed resources.

Thus, realized in a configuration "Management of manufacturing enterprise" systems of programs "1C: The enterprise 8.0" opportunities create prerequisites not only for an operating control of prime cost, but also for management of the range and its adjustments in the conditions of possible deviations of actual cost from the planned.

Today the information systems providing not only possibility of an exchange and data storage, management are necessary for effective business by them, but also opportunity to analyze them on various cuts, capable to organize information streams and to build business processes so that to provide the maximum synergetic effect. The most widespread software product which allows to solve problems of automation of management of the organization, has a wide range of functionality and an optimum ratio of the price and quality, the Galaxy system is.

Thus, as a result of introduction of systems of automation managers of the organization have a possibility of fast access to registration information in necessary cuts that gives significant help in adoption of administrative decisions. Besides, reliability of results of the account, control of production expenses increases, work on прове6дению the prime cost analysis qualitatively improves, time for obtaining the summary reporting and for search of necessary primary information on expenses is considerably reduced. Expenses of working hours at the staff of accounts department decrease, the part of resources is released for analytical work.

The correct calculation of product cost is important: the account is better organized, the calculation methods are more perfect, the it is easier to reveal reserves of decrease in product cost by means of the analysis. At the enterprises three main methods of calculation of prime cost and the accounting of expenses for production are applied: job order, poperedelny and standard.

Product cost in this case is equal to marginal expenses. However in practice implementation of activity of the enterprise inevitably requires long-term attraction of resources in production, marketing, sale, service therefore in spite of the fact that according to calculations equality of marginal expenses and the income brings in the maximum income, application of a method of a direkt-kosting effectively only under certain conditions. First, a factor cost at the enterprise has to make the most part of expenses. Secondly, it has to issue the narrow list of production (one-two look, for each of which is required almost equal fixed expenses). If the enterprise doesn't meet the similar requirements, indicators of prime cost will be inevitably distorted: the underestimated margin on limited-edition production and overestimated on business lot, lower indicators of the income in the financial account in comparison administrative, seeming high profitability of technologically difficult and innovative products in comparison with the simple. Therefore, for the solution of the main objectives of management accounting to apply constants and variable indicators inefficiently.

As, steps to division of financial and management accounting and creation on this basis of the general production accounts department are taken. The general production accounts department, solves a problem of formation of a financial position of the organization, calculation of the end results of made production. The production accounts department forms information and analytical base of the enterprise, operates a production activity of divisions, calculates product cost, works, services. Accounts of administrative accounts department are intended for synthesis of information on processes of formation of production expenses, the cost of finished goods, and also processes of its sale.

 

Literature:

1 . Ahrens E.A. Lobbek Dzh. To. Audit, M: Finance and statistics, 2009

2 . Bernstein L.A. Analysis of financial statements, M: Finance and statistics, 2009

3 . Dyusembayev K.Sh. Audit and analysis of financial statements, And: Karzhy-karazhat, 1998

4 . Nurpeisov E.O. Nurpeisov of E. IFRS in Kazakhstan: the principles and applications//Alma-Ata - Lem - 2014