Audit. Audit of production costs and circulation. costing (most important)

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Audit. Audit of production costs and circulation. costing (most important)

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50. AUDIT OF PRODUCTION COSTS AND HANDLING. COST CALCULATION

Purpose of verification production costs is to establish compliance with the accounting methodology used in the organization, which is in force in the audited period, with regulatory documents in order to form an opinion on the reliability of financial statements in all material aspects.

Tasks production cost audit:

1) assessment of the validity of the applied option for generating information on the organization's expenses for ordinary activities, the cost accounting method, the option of consolidated cost accounting, the method of distribution of general business and general production costs;

2) confirmation of the initial assessment of accounting and internal control systems;

3) confirmation of the accuracy of registration and reflection in the accounting of direct (indirect) costs, etc.

Information sources:

1) balance sheet (form No. 1);

2) income statement (Form No. 2);

3) general ledger or balance sheet;

4) position on the accounting policy of the organization;

5) accounting registers for accounts 20, 21, 23, 25, 26, 28, 29, 96, 97, etc.

Sequence of work It is divided into three stages - introductory, main and final.

Accounting methods. Normative method accounting is used, as a rule, in manufacturing industries with mass and serial production of various and complex products. In this case, certain types of production costs are accounted for at current rates; operational accounting of deviations of actual costs from the norms is kept separately, indicating the place of their occurrence, causes and perpetrators; changes in current standards are recorded as a result of the introduction of organizational and technical measures, and the impact of these changes on the cost of production is determined. As a result, the actual cost of production (Zf) is calculated by the formula:

Zf = Zn + O + I, where Zn - costs according to current standards; O - the magnitude of deviations from them; And change the rules. At custom method the object of accounting and costing is a separate production order. Accounting for direct costs for individual orders is carried out on the basis of primary documents reflecting the production, consumption of materials, etc., with the obligatory indication of the corresponding order code. All costs are considered work in progress until the end of the order.

Transverse method cost accounting and calculation of the cost of production is used in industries with the integrated use of raw materials, as well as in industries of mass and large-scale production. There are non-semi-finished and semi-finished versions of the alternate method. In the first case, cost accounting is carried out for each redistribution. In accounting documents, the movement of semi-finished products is not reflected, their movement is controlled according to the operational accounting of the movement of semi-finished products in physical terms, which is maintained in the shops. In the second case, the movement of semi-finished products from shop to shop is recorded in accounting records and the cost of semi-finished products is calculated after each redistribution.

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