Accounting of transaction costs in agriculture: new approaches
Objective. The article aims to study approaches to assessing transaction costs in agriculture in the conditions of transformation of system of marketing of agricultural products. Methodology. The work methodology involves the application of general and special methods of scientific cognition: analysis, synthesis, comparison, and statistical analysis. Results. The authors analyze the purpose, tasks and functions of management accounting on transaction costs. Transaction costs are considered as a part of total expenditure of the enterprise enabling to evaluate the quality of a contractual policy on agriculture enterprises. The main elements of the system of transaction costs management are planning and forecasting, normalization, transaction costs, accounting and calculation, analysis and cost control, contract. The authors note the particular relevance of accounting transaction costs for agricultural enterprises that is associated with the specifics of working in this industry. The authors propose method of management accounting on transaction costs. The method of accounting on transaction costs allows to identify and systematize expenditure in the initial stage of formation of this type of expenditure. The information obtained is the basis for the algorithm of the analysis of transaction costs management purposes in agricultural enterprises. Conclusion. The results of the study allow to implement management accounting tools and identify, reflect and assess the level of transaction costs, which in turn will allow to analyze contractual policy as a whole. Analysis of economic indicators in the context of contracts will allow to evaluate the effectiveness of contractual policy, identify its weaknesses and to build an effective contractual relationship between the counterparties agricultural production and solve a number of important management tasks and make optimal management decisions, contributing to the stability and development of agricultural enterprises.