Cost accounting for the production of agricultural products

The article discusses the issues of evaluating and organizing production cost accounting and regulation (biological costs), as well as documenting the correctness of calculating the cost of products (works, services) in estimating the fair value of agricultural production for the objective calculation of their cost indicators and management of production processes, which is one of the most important synthetic indicators that They allow us to evaluate the efficiency of material use and labor costs. Applying the method of analyzing technical and economic factors, which helps to discover significant deviations. Biological costs in agriculture were evaluated at cost and fair value over the cost of the goods produced and the financial results that were used in one of the companies operating in the agricultural sector. The results of the historical assessment (actual cost) of biological costs of agricultural production show that their cost is artificially reduced, and when these products are sold, the amount of profit and the level of profitability are artificially increased. Also, the costs associated with the production and sale of products (works and services), were grouped according to cost items, which will contribute to improving the informational and administrative aspects of accounting in order to improve the efficiency of agricultural production.