The Concept of Costs In Management Accounting and the Importance of Cost Classification

The article is devoted to the issues of accounting for production costs and grouping costs. The article discusses the classification of costs in the form of a review and the grouping of costs in the interpretation of various authors. Aspects of the concepts of cost accounting and product calculation...

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Main Authors: Altynbekov M. A., Aitkhozhina A. E., Mikhailina I. N.
Format: Article
Language:English
Published: EDP Sciences 2025-01-01
Series:SHS Web of Conferences
Subjects:
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2025/03/shsconf_icarsess2024_01018.pdf
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author Altynbekov M. A.
Aitkhozhina A. E.
Mikhailina I. N.
author_facet Altynbekov M. A.
Aitkhozhina A. E.
Mikhailina I. N.
author_sort Altynbekov M. A.
collection DOAJ
description The article is devoted to the issues of accounting for production costs and grouping costs. The article discusses the classification of costs in the form of a review and the grouping of costs in the interpretation of various authors. Aspects of the concepts of cost accounting and product calculation are constantly on the agenda of discussions of scientists and practitioners. In addition, in practice, this issue is very important, especially in the context of modern business development. The need to classify production costs arises from the tasks of cost management in companies that establish objects, operating cost groups and the processes of their formation. The classification of costs should meet the main task – to be based on the features that make it possible to distinguish between the costs of their management in order to reduce costs per unit of product
format Article
id doaj-art-45307c3f17d44f2dbb93cd303a3a73f4
institution DOAJ
issn 2261-2424
language English
publishDate 2025-01-01
publisher EDP Sciences
record_format Article
series SHS Web of Conferences
spelling doaj-art-45307c3f17d44f2dbb93cd303a3a73f42025-08-20T03:02:07ZengEDP SciencesSHS Web of Conferences2261-24242025-01-012120101810.1051/shsconf/202521201018shsconf_icarsess2024_01018The Concept of Costs In Management Accounting and the Importance of Cost ClassificationAltynbekov M. A.0Aitkhozhina A. E.1Mikhailina I. N.2Esil UniversityEsil UniversityEsil UniversityThe article is devoted to the issues of accounting for production costs and grouping costs. The article discusses the classification of costs in the form of a review and the grouping of costs in the interpretation of various authors. Aspects of the concepts of cost accounting and product calculation are constantly on the agenda of discussions of scientists and practitioners. In addition, in practice, this issue is very important, especially in the context of modern business development. The need to classify production costs arises from the tasks of cost management in companies that establish objects, operating cost groups and the processes of their formation. The classification of costs should meet the main task – to be based on the features that make it possible to distinguish between the costs of their management in order to reduce costs per unit of producthttps://www.shs-conferences.org/articles/shsconf/pdf/2025/03/shsconf_icarsess2024_01018.pdfcost accountingcost classificationcost groupingcostsmanagement accountingmethodologyexpensesproductionproduction costscost
spellingShingle Altynbekov M. A.
Aitkhozhina A. E.
Mikhailina I. N.
The Concept of Costs In Management Accounting and the Importance of Cost Classification
SHS Web of Conferences
cost accounting
cost classification
cost grouping
costs
management accounting
methodology
expenses
production
production costs
cost
title The Concept of Costs In Management Accounting and the Importance of Cost Classification
title_full The Concept of Costs In Management Accounting and the Importance of Cost Classification
title_fullStr The Concept of Costs In Management Accounting and the Importance of Cost Classification
title_full_unstemmed The Concept of Costs In Management Accounting and the Importance of Cost Classification
title_short The Concept of Costs In Management Accounting and the Importance of Cost Classification
title_sort concept of costs in management accounting and the importance of cost classification
topic cost accounting
cost classification
cost grouping
costs
management accounting
methodology
expenses
production
production costs
cost
url https://www.shs-conferences.org/articles/shsconf/pdf/2025/03/shsconf_icarsess2024_01018.pdf
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