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ORGANIZATION OF PRODUCTION COST ACCOUNTING IN A JOINT-STOCK COMPANY

Abstract

The organization of production cost accounting in a joint-stock company is a critical aspect of ensuring financial transparency and operational efficiency. This study examines the methods and principles used in cost accounting, focusing on their application in joint-stock companies. It highlights the importance of accurately identifying, classifying, and recording production costs to provide reliable data for decision-making, cost control, and performance evaluation. The paper also discusses the regulatory framework, the role of modern accounting software, and the challenges faced in adapting cost accounting practices to the unique structure of joint-stock companies. Recommendations for improving the cost accounting system to enhance overall corporate governance are provided.

Keywords

Production cost accounting, joint-stock company, financial transparency, cost classification, regulatory framework, accounting software, corporate governance, operational efficiency.

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