Forecasting the cost of production as an important stage of managing account for industrial enterperise

The article reveals the essence of forecasting, which is one of the functions of managerial accounting. The importance of forecasting the economic activity of the enterprise for its effective management is substantiated. The method of forecasting expenses for industrial production is highlighted. The main stages of determination of forecast cost of manufactured products are considered, factors of influence on separate indicators of activity of the enterprise are determined at formation of forecast financial reporting

managerial accounting; forecasting; cost structure; law of decreasing return; material expenses; labor costs; total production costs; non-production costs; cost forecast; cost of manufactured goods