ORGANIZATION AND METHODOLOGY OF COST ANALYSIS TO ENSURE INCREASED EFFICIENCY OF ENTERPRISE ACTIVITY

Abstract

 The article examines the theoretical and practical aspects of the organization and methodology of enterprise cost analysis as one of the key tools for improving the efficiency of business activities. It is substantiated that costs play a decisive role in shaping the financial results of an enterprise and significantly affect its competitiveness, profitability, and financial stability. In this context, the need to improve approaches to cost analysis becomes particularly relevant under conditions of rising resource prices, increasing competition, and economic instability.

The study generalizes scientific approaches to understanding the essence of enterprise costs, considers their main classification features, and determines the place of cost analysis within the enterprise management system. The organizational principles of conducting cost analysis are revealed. Particular attention is paid to modern methodological approaches to cost analysis, and their importance for making effective managerial decisions is substantiated.

The main problems of the practical application of cost analysis at domestic enterprises are identified, including insufficient detail of information, limited use of management accounting tools and modern analytical technologies, as well as weak integration of cost analysis into the system of strategic management.

The practical part of the study is based on the analysis of costs of a Ukrainian industrial enterprise – PJSC “Odeskabel”. The results reveal a tendency towards an increase in total costs and a high level of material intensity of production, which necessitates the improvement of resource management approaches.

Based on the findings, directions for improving the organization and methodology of enterprise cost analysis are proposed. These include enhancing the quality of information support, developing management accounting systems, implementing modern digital analytical tools, and applying economic and mathematical methods for cost forecasting. Prospects for further research are outlined, particularly in adapting analytical approaches to the conditions of the digital economy and strengthening the role of strategic cost management.