PRACTICAL ASPECTS OF USING THE KAIZEN COSTING FOR COST ACCOUNTING AND ANALYSIS

Abstract

The research is devoted to the development of methodological foundations for cost accounting and cost calculation. This topic has been reflected in many papers in the field of economics. At the same time, the relevance of additional researches in this area is confirmed by the need for constant adaptation of cost accounting and analysis methods in accordance due to changing economic conditions. There are no generally accepted methods of cost accounting and cost calculation in Russian legislation, therefore, Russian enterprises have the right to independently determine the list of instruments used. One of the relevant tools for cost accounting improvement is kaizen costing. This method, based on the Japanese management philosophy "kaizen", is recognized as an effective tool that allows to quickly and continuously optimize production costs at the stage of production. At the same time, some aspects related to the practical use of this method require additional clarification. Based on the results of this study, a cost accounting procedure has been developed that corresponds to the specifics of kaizen costing and takes into account the specifics of Russian financial accounting legislation. Additionally, analytical indicators designed to improve the effectiveness of cost controlling are proposed. The results of proposed accounting and analysis methodology approbation are presented, confirming its practical usefulness for business.