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Economy, finances, management: Topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 11 (39)

Published: 2019.02.01
DOI: XX.XXXXX/XXXXXXXXXXXXX


Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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ACCOUNTING AND NORMATIVE SUPPORT OF COST MANAGEMENT FOR BIOLOGICAL TRANSFORMATIONS IN LIVESTOCK PRODUCTION

DOI: XX.XXXXX/XXXXXXXXXXXXX
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PRAVDIUK  Maryna  –  Candidate of  EconomicSiences,  Senior  Lecturer  of  the 

Department of Accounting and Taxation in the Fields of the Economy, Vinnytsia National

Agrarian  University  (21008, 3,  Sonyachna  Str.,  Vinnytsia,  e-mail:  a.pravduyk@ 

gmail.com). 

PRAVDIUK   Andrew –  Candidate of Juridical Sciences, Associate Professor of 

the Department of Law, Vinnytsia National Agrarian University (21008, 3, Sonyachna 

Str., Vinnytsia, e-mail: a.pravduyk@ gmail.com).

Annotation

The relevance of accounting for the costs of biological transformation in animal husbandry due to the need for complete and high-quality information on managing them, in terms of reflecting the consumed costs, ensuring the profitability of agricultural producers, and at higher levels of management - the conditions of zonal development of livestock sub-sectors, the level of agrologists state support for the sectors most in need and a level playing field for all agricultural market participants.
The purpose of the article is to analyze the peculiarities of displaying cost accounting for biological transformations in animal husbandry using historical and fair value methods to enhance information management.
According to the State Statistics Committee, in 2017 the level of profitability was: cattle for meat - 3.4%, pigs for meat - 3.5%, sheep and goats - -39.6%, poultry - 7.0%, milk - 26.9%, eggs - -9.0%. The continuing downward trend in livestock requires more efficient management and information support. The information needs for livestock management are quite diverse, and this gives rise to several approaches to its collection and systematization. For animal husbandry as a type of activity, accounting for long-term and current biological assets, additional biological assets, agricultural products in different accounting accounts is provided. Since the accounting model for P (C) BO 30 "Biological assets" does not exclude the calculation of the actual cost of agricultural products, but does not take into account the relationship of elements of the management accounting system (accounting, planning, control, analysis, budgeting), the accumulated data is not always in associated with systematic financial accounting, which requires identifying bottlenecks and ways to overcome them.
The international accounting community is also facing similar problems. There is scientific debate about the significant differences in the nature of individual biological assets and products, since the single standard for measuring and reporting all types of biological assets is not objective.
Approximation of domestic accounting to international standards implies the creation of uniform methodological bases of information support for the costs of growing biological livestock assets, taking into account the current accounting provisions (standards) and the economic nature of the indicator; strengthening of control, regulating, forecasting accounting functions; creation of conditions for obtaining complete, prompt and reliable information in order to effectively manage livestock activities. To improve the accounting methodology, we identified bottlenecks of accounting for the costs of growing biological assets in animal husbandry, conducted a SWOT analysis of the quality of accounting management costs. The current acquisitions have been taken into account, namely the expansion of information capabilities of biological conversion costs through the use of specialized forms of primary documents for accounting for long-term and current biological assets issued recently by the Ministry of Agrarian Policy. In addition, the collection of information on the environmental accounting of livestock units is key, of which the key are: Directive 2010/75 / EC on industrial emissions, Water Framework Directive 2000/60 / EC and Directive 91/676 / EC on the protection of waters against pollution caused by nitrates from agricultural sources It is recognized the need to expand the methodological base in the part of the integrated model of accounting for costs of biological transformations in animal husbandry, which are: generalization of financial and management cost accounting, based on the principle of complexity of using information for the needs of integrated cost accounting with different degrees of detail, the historical and fair value of growing livestock products. Thus, the improvement of accounting of costs for biological transformations in animal husbandry requires clarification of objects of biological assets of animal husbandry, which are groups of biological assets at their original and fair value, accuracy of documentation of operations with biological assets, reliability and reliability of analysis biological assets in the financial statements and accumulated depreciation (for long-term assets), economic indicators of the use of biological assets, organizatsiya accounting and control of biological transformations.
Conclusions. The conducted study of the cost accounting for biological transformations in animal husbandry allows to identify that its implementation is possible in several variants, for each of which there is regulatory support of national and international level of generalization, the choice of the option depends on the purpose.
Research shows that fair value accounting is more fully responsive to biological transformation in livestock, since intermediate conversion products are almost always market prices, as a basis for fair value, unlike crop production where there is no market for growing products, and more useful

Keywords: biological transformations, livestock production, informational support, branch accounting standards, cost accounting, agriculture, historical value, fair value.

List of references

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

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The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.

 

Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.

 

Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

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History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

According to the decision of National Council of Television and Radio Broadcasting of Ukraine from 25.04.2024 No. 1337 the scientific journal «Economy, finances, management: topical issues of science and practical activity» has the ID of the Media R30-05171.