Accounting of the Material Resources and Analysis of the Efficiency of Logistics Operations in Construction Industry

Mariia Gumenna-Derii
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Mariia Gumenna-Derii: West Ukrainian National University, Ternopil, Ukraine

Oblik i finansi, 2023, issue 1, 130-134

Abstract: In the construction industry, the most significant specific weight in the cost structure is the cost of material resources. Therefore, the urgent task of management is to find ways to reduce them to increase construction companies' income and investment attractiveness. The article aims to study the problems of accounting and analysis for material resources and the effectiveness of logistics operations in the construction industry. The state of construction and accounting conditions in this industry were studied. It was found that construction enterprises must ensure the preservation and proper control over the use of available storage materials, but to do this, it is necessary to have a well-established accounting of the availability, receipt and use of materials. This will enable construction enterprises to comply with the norms and standards of material consumption and not increase the amount of non-production costs. Logistics costs, financial resources and material flows are closely interconnected and interdependent, so a system analysis should precede management decisions regarding them. The primary purpose of the analysis is to identify potential reserves and search for ways to improve the logistics system. Practical analytical accounting of various groups of logistics operations can be achieved only when the chief accountant and all accountants of construction enterprise know and understand how the logistics system and its software work. Comprehensive automation in the spheres of production and transportation contributes to the reduction of logistics costs. However, their accounting, analysis and control still remain a decisive factor in the effectiveness of management in the construction industry.

Keywords: material resources; management accounting; logistics operations; construction industry; efficiency analysis (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:iaf:journl:y:2023:i:1:p:130-134

DOI: 10.33146/2307-9878-2023-1(99)-130-134

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