New approaches to the classification of inventories at enterprises of mining- metallurgical complex of Ukraine

Роєва, Ольга Сергіївна and Roieva, Olha (2016) New approaches to the classification of inventories at enterprises of mining- metallurgical complex of Ukraine. Наукові праці Кіровоградського національного технічного університету. Економічні науки, 1 (29). pp. 163-169. ISSN 2413-340X

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Abstract

The paper analyzes the theoretical, methodological and organizational provisions for accounting and control of inventories of mining and metallurgical industry. The research results presented proposals for the classification of reserves on signs inherent in the mining and metallurgical complex with the aim of enhancing control. The proposed introduction of additional sub-accounts for accounting of raw materials and fuel, aimed at the improvement of synthetic and analytical accounting. Purpose of the article is to detail the classification of inventory of mining and smelting complex, which will enhance the effectiveness of expenditure control inventory at different stages of the production process and the formation of values according to production needs. For the proper construction of internal control and accounting of inventory they need to be clear classification created specific to the mining and metallurgical industry. The largest share in the structure of inventory of mining and metallurgy, just take raw materials and fuel, as increased control and improvement of accounting in need of these stocks. Appropriate implementation will be the classification of raw materials on the grounds of belonging to a certain stage of the manufacturing process: production, enrichment, agglomeration; Production of metal. To meet the needs of analytical accounting accounts highlight the second and third orders, reflecting the value of inventory at each stage of the production process. Inventories are important for normal operating activities of mining and metallurgical industry and occupy a dominant position in the structure of current assets. Implementation of the proposals of the author facilitates strengthening controls at each stage of the production process, analyticity and efficiency of inventory accounting. The classification and accounting method allows you to control the production process for each redistribution, the appropriateness of spending reserves, compliance with consumption, as well as identify possible ways to reduce costs at all stages of the movement of inventory. The classification is not exhaustive and requires further research to improve analytical accounting system at all stages of the movement of inventory of mining and metallurgical complex.

Item Type: Article
Uncontrolled Keywords: inventory, analytical accounting, control, classification, mining and metallurgical complex
Subjects: Research materials > Journal articles > Economics
Research materials > Journal articles
Divisions: Educational and Scientific Institute of Economics, Management and Administration > Department of Accounting and Audit
Depositing User: Адміністратор репозиторію
Date Deposited: 15 Dec 2017 12:43
Last Modified: 15 Dec 2017 12:43
URI: http://elibrary.donnuet.edu.ua/id/eprint/343

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