Cost calculation of livestock production in the Issyk-kul region of Kyrgyzstan
This article gives a brief description of the agriculture of the Issyk-Kul oblast, in particular, the agricultural seed cooperative (SSC) "Zarya". We tried to detail the rules of accounting, closing of accounts and the procedure for calculating the cost of livestock products in the Issyk-Kul oblast using the example of SSC "Zarya", since the SSC "Zarya" is now one of the leading cooperatives in the region. There are specialists with many years of experience, they grow new varieties of plant growing and new breeds of livestock. The economy develops compactly, as it was preserved as a seed-growing agricultural cooperative during the privatization period and managed to introduce new methods of accounting in the agriculture, application of IFRS, training of personnel. For many agricultural enterprises of the region, SSC "Zarya" is a consulting enterprise, which trains new methods, conducts various agricultural activities in the Issyk-Kul oblast and the Kyrgyz Republic. We recommended a methodology for calculating the cost of livestock products. Details are considered traditional, new and combined methods of calculation, as well as the effectiveness of management activities in agricultural enterprises. The objective and subjective shortcomings of the accounting and calculation of peasant (farm) holdings have been identified and justified. At the end of the article it is recommended to apply the International Financial Reporting Standard (IFRS) in agricultural cooperatives and peasant (farm) holdings.