Formation of an Integrated Accounting and Analytical Management System for Value Analysis Purposes
Year: 2018
Type: article
Abstract: The article is devoted to the problems of formation and improvement of accounting and analytical support framework when establishing the business entities’ integrated accounting and analytical managerial system for value analysis purposes. According to the authors’ opinion, introducing the integrated accounting and analytical system is not only a certain way to improve the efficiency in managerial decision-making sphere, but also an essential tool throughout the whole value analysis process as well as it helps improving the qualitative measures of accounting and analytical data required for value analysis. Establishing the integrated accounting and analytical managerial system is an intensive factor to improve the whole analysis process and is intended to optimize the data flows in business entities and also increase the analyticity of non-engineering and engineering data, that are used in value analysis group’ documents set. Some tools to optimize and to structure the data flows in business entities are analyzed in the paper. The pattern of managing value analysis’ in- and out data flows within the integrated system is revealed by the authors.
DOI: 10.35808/ersj/1159
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2804003524