ORGANIZATION OF A COST MANAGEMENT SYSTEM

The cost management system is the most important tool of management. The organization of this system will allow you to adjust the production process. Therefore, the basic condition for increasing the profit of the company is to reduce the costs of production and marketing of products, in particular reducing the production cost. So, the organization and cost management are a priority for the company. The article considers modern approaches to the concept of "cost management system", identified the main classification features to the definition of this concept. So, in the author's opinion, based on modern approaches to the essence of the system of cost control, it can be considered as the target multi-level system whose goal is to increase the efficiency of the enterprise in the conditions of limited resources and innovative development of the enterprise. The author has developed and described model of cost management system where objects are actually costs the enterprise, reserves of cost reduction and budgets of the enterprise. The subject are the managers and specialists of enterprises and production units. These include employees of accounting, planning and economic department, financial and analytical department, etc. In turn, employees realize functions such as planning and forecasting, organization, motivation, calculation, accounting, analysis, control, coordination and regulation. The author also proposed an algorithm that allows introducing a cost management system in enterprises.