THE IMPORTANCE OF STRATEGIC COST MANAGEMENT AND ITS IMPLEMENTATION IN MANUFACTURING INDUSTRIES: A CASE STUDY OF METAL PRODUCING INDUSTRIES IN UZBEKISTAN

Authors

DOI:

https://doi.org/10.55439/EIT/vol11_iss5/a14

Keywords:

strаtеgiс ассounting; Production costs; cost; cost management; classification of costs; cost accounting system; the cost of resources

Abstract

This article focuses on determining the necessity of strategic cost management in manufacturing industries. Additionally, the article negates the need for its implementation in practice with the intention of strategic accounting for the management of industrial enterprises. Focus is placed specifically on analyzing cost management systems of steel industries in Uzbekistan.

References

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Gupta, K.P. (2009). Cost management: Measuring, monitoring and motivating performance. New Delhi: Global India Publications, 2009.

Hansen, D., Mowen, M. and Guan, L. (2007). Cost management: accounting and control. Boston: Cengage Learning, 2007.

Henri, J. F., Boiral, O., and Roy, M. J. (2016). Strategic cost management and performance: The case of environmental costs. The British Accounting Review, 48(2), 269–282.

Mack, O., Khare, A., Kraemer, A., and Burgartz, T. (2016). Managing in a VUCA world. Springer, New York

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Published

2023-10-24

How to Cite

Tursunaliev, I. (2023). THE IMPORTANCE OF STRATEGIC COST MANAGEMENT AND ITS IMPLEMENTATION IN MANUFACTURING INDUSTRIES: A CASE STUDY OF METAL PRODUCING INDUSTRIES IN UZBEKISTAN. Economics and Innovative Technologies, 11(5), 106–113. https://doi.org/10.55439/EIT/vol11_iss5/a14

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Section

Инновацион менежмент