Accounting, analysis and control of construction and installation work at the general contractor LLC “Makroekobud”

Students Name: Yarchuk Diana Olehivna
Qualification Level: magister
Speciality: Accounting and Taxation
Institute: Institute of Economics and Management
Mode of Study: full
Academic Year: 2020-2021 н.р.
Language of Defence: ukrainian
Abstract: Yarchuk D.O., Voskalo N.M. (head). Accounting, analysis and control of construction and installation works by the general contractor LLC "Makroekobud". Master’s thesis. - Lviv Polytechnic National University, Lviv, 2020. The master’s qualification work deals with issues related to the accounting of construction and installation work by the general contractor. The work was performed on the materials of Makroekobud LLC. The purpose of the master’s qualification work is to generalize, systematize and compare methodological provisions for accounting operations for construction and installation work, conceptual principles of disclosure of information about them in the financial statements of the enterprise, analysis and evaluation of effective and efficient implementation of these costs and their accounting and distribution. The object of the work is the organization of accounting for construction and installation work at the general contractor LLC "Makroekobud", the process of analysis of their recognition, accounting and control at the enterprise. The subject of the study is the theoretical, methodological, applied and organizational aspects of reflection in the accounting and financial reporting of construction and installation work and control over their formation. In business, the company bears the costs associated with these activities. Most of the costs are related to the operating activities of the enterprise, ie activities that bring profit to the enterprise. The application of the method of cost accounting is dictated by economic feasibility in making management decisions regarding the formation of income and expenses and at the same time finding ways to improve the financial result of production [1]. The correctness and completeness of determining the cost of construction and installation work significantly affects the financial result and the base of income tax. Therefore, in order to correctly determine the cost of construction and installation work in the accounting policy, it is necessary to determine the features and nature of the production process of the enterprise [2]. Based on the study of the organization and methods of accounting, analysis and control of construction and installation work on LLC "Makroekobud" we can conclude that construction and installation work, which today is an important part of the structure of construction costs, it is important to properly and accurately account. In this case, the main and primary document governing the accounting of costs in the enterprise is the order of the accounting policy [3]. The correct approval in full of all the proposed provisions for the accounting of costs for construction and installation work in LLC "Makroekobud" will ensure prompt, accurate and full accounting of this type of costs. There was suggested the theoretical-methodological aspects of cost accounting on LLC "Makroekobud". The economic definition " construction and installation costs" and their classification in the accounting and management system are improved. There was developed the recommendations of improving the primary forms and consolidated registers of cost accounting and new forms of management reporting for high lever control over the building enterprise activity. For the effective organization of the account of expenses for construction and installation works it is necessary to apply economically substantiated classification of expenses on various classification signs. This will help to identify certain relationships between individual types of costs and calculate the degree of their impact on the level of cost and profitability of work [4]. The importance of studying the classification of costs is due to the fact that it underlies many management procedures: calculating the cost of production; distribution of indirect costs between individual objects of accounting and centers of responsibility; cost planning and control [5]. Creating a classifier of BIS types and centers of responsibility and linking these types of work to groups of equipment, building materials and occupations will allow most costs to be considered as direct to a particular type of BIS and use the sum of these direct costs as a basis for indirect costs. The author developed the scheme of cost control and costing process in housing building with individual construction stages and building relationships character. Key words: costs, accounting, cost of house building, analysis, control, sources of financing, subjects of the construction process. List of used literature sources. 1. Bratsenyuk Maria Accounting and finance: modern vectors of development: a collective monograph / Bratsenyuk Maria, MV Olshanska, OI Vasilyshyn, OI Hrytsai, MM Pankiv, LM Pilipenko, S. R. Kholodnytska, Z. Skybinska, S. Vovkiv, Smigur Vitaliy, NM Voskalo, Ya. V. Mezhyrytska, TI Voskresenska, TM Ivasyuk, IY Yaremko, VA Guzandrova , AI Yasinskaya, KV Martyniuk. - Lublin, Poland: Wydzial Ekonomiczny UMCS, 2019. - 107 p. 2. Voskalo V.I., Voskalo N.M., Sorokovy P.M. Features of accounting and taxation of the main activities of housing cooperatives // Accounting, analysis and audit: problems of theory, methodology, organization: a collection of scientific Proceedings / National Academy of Statistics, Accounting and Auditing. - 2017. - Vip. 2 (19). - P. 5–14. 3. Gyk, V.V. Influence of organizational and technological features of construction on the methodology and organization of cost accounting / VV Geek // Economic Sciences. Ser., Accounting and Finance. - 2011. –Vip. 8 (29), part 2. 4. Sorokovy P.M., Voskalo N.M. Financing of construction: accounting and tax aspects // Accounting and analytical support of the enterprise management system: materials of the IV International scientific-practical conference, Lviv, October 24-26, 2019 - 2019. - P. 193–194. 5. Rymar G.A .Some aspects of cost control in housing construction. / G. A. Rimar. // State and prospects of development of the domestic accounting system: [collective monograph.]. - Ternopil: TNEU, 2013. - P. 197–212 (1.25 d.a.).