Current State and Prospects of Cost Accounting Development for Sugar Industry Enterprises

The article covers the key issues of organizational and methodological provisions for cost accounting at sugar industrial enterprises. The author has pointed general problems of the cost accounting requiring scientific solution. In particular, these are: interpretation of 'cost' accounting category, lack of the single cost classification, existence of different methods of its recognition and valuation; methodological complications of defining and distribution of production costs; low level of documentation; difficulties in development and implementation of automated accounting systems. Based on the industry specifics research the objectives of sugar industry cost accounting have been set and main technological and organizational factors affecting its structuring have been defined. The approaches to the cost structure identification and specifics of its accounting at every stage of sugar production process. The theoretical and practical problems of cost accounting, directions of their further solutions have been specified.