Cost management at the tube-rolling enterprises

Abstract

The article is devoted to the problem of constructing an effective system of cost management of tube rolling enterprises. According to numerous studies for over the past few years tube-rolling consumption has increased inside domestic market. Despite of the positive trends, these enterprises still can’t solve the problem of effective cost control, significantly affected their final financial results and, consequently, their competitiveness as a whole. The authors examined the legal aspects of the formation and recognition of enterprise’s costs. Main approaches to cost classification of the main members are investigated. Main features of tube-rolling enterprises are analyzed and requirements to their cost management system structure are defined. A cost management model of tube-rolling industry as a logframe of consistent implementation stages, including corrections and feedback, is performed.