EVALUATING THE EFFICIENCY OF AGRICULTURAL ORGANIZATIONS MANAGEMENT IN THE PERIOD OF BANKRUPTCY ON THE BASIS OF STRATEGIC ACCOUNTING DATA

ОЦЕНКА ЭФФЕКТИВНОСТИ УПРАВЛЕНИЯ СЕЛЬСКОХОЗЯЙСТВЕННЫМИ ОРГАНИЗАЦИЯМИ В ПЕРИОД БАНКРОТСТВА НА ОСНОВЕ ДАННЫХ СТРАТЕГИЧЕСКОГО УЧЕТА

Shavrina, Julia (Шаврина, Юлия) () and Samakayeva, Marina (Самакаева, Марина) ()
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Shavrina, Julia (Шаврина, Юлия): Orenburg State University
Samakayeva, Marina (Самакаева, Марина): Orenburg State University

Sotsium i vlast / Society and power, 2019, 71-81

Abstract: Introduction. Agricultural organizations are subject to bankruptcy risks. In the period of bankruptcy, organizations need to manage production, taking into account the peculiarities of the current financial situation. Decision making in terms of production management and evaluation of their effectiveness are based on information generated in the system of strategic management accounting. Therefore, specifying and adding data on cost accounting objects in order to concretize evaluation of management decisions effectiveness is relevant. The aim of the study is to improve the information generated in the strategic accounting system to assess effectiveness of agricultural organizations management in the period of bankruptcy. Methods. The authors determined the system and groups of indicators to assess the organization management in the period of bankruptcy. It is proposed to evaluate effectiveness of organization management with the help of cost-effectiveness indicators. It is justified that in the context of bankruptcy management should be assessed taking into account interrelation of a number of indicators that determine effectiveness, intensity and efficiency of the organization. The source of information for managing an organization during a bankruptcy period can be strategic management accounting data, within which information aimed at developing production and business activities and stabilizing financial position is generated. The elements of a strategic management accounting system for evaluating efficiency of grain production are formulated. Scientific novelty of the study. Informational content of strategic cost accounting data was complimented by applying the ABC-method of distributing indirect costs among accounting objects, which will increase the reliability of assessing efficiency of agricultural organizations management in the period of bankruptcy. Results. The distribution of indirect costs with the use of the ABC-method indicating drives and cost drivers of grain production in OOO “Stepnoye”, Orenburg district of the Orenburg region, generates reliable information about the costs of products, which is the source in assessing effectiveness of management decisions. Conclusions. It is revealed that using the ABCmethod of overhead cost allocation for cost accounting objects specifies the cost of production, reflecting the peculiarities of the technological process and corporate production conditions. Thus, the cost-effectiveness indicator reflects efficiency of making the corresponding management decision more reliably.

Keywords: organization management efficiency; bankruptcy; strategic accounting; overhead cost allocation; cost driver (search for similar items in EconPapers)
Date: 2019
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