+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Methods of cost analysis and control based on flexible budget

Vol. 8, Iss. 10, APRIL 2009

Available online: 18 September 2009

Subject Heading: Management accounting

JEL Classification: 

Kazora O.L. senior lecturer of the Department of Financial accounting, Orel State Institute for Economics and Commerce ;

Current state of the economy drives manufacturing enterprises to use mathematical methods of financial planning, which help to analyze the influence of changes in different factors on the end financial performance of the company. Such analysis is the most important way of getting information in order to draw the attention of the management to variations of costs controllable other than standard ones. The article points out the necessity of factor variance analysis using flexible budgeting.

Keywords: statics, budget, standard, planning, flexibility, standard cost system, variance, actual data, production, costs

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 23, Iss. 3
March 2024

Archive