Improving Accounting Data for Cost Analysis in The Sustainable Development of Recycling Enterprises

Аннотация

The article highlights the important principles for improving accounting data for cost analysis in the sustainable development of processing enterprises. It COPYRIGHT also focuses on the main factors, costs, and develops © 2025 Original content from this work may be used under the terms of the creative commons attributes 4.0 License. scientific conclusions and proposals based on them. Keywords: Costs, production technology, factor, result, secondary product, economic efficiency, macroeconomic stability, global competition, strategic issue. Introduction: Global processes in the countries of the world are currently having their impact, and the development of industries necessary for the development of countries is becoming a strategic issue. Therefore, all countries are paying attention to the modern development of processing enterprises, taking into account the available raw material resources. Therefore, a strategic approach is required and is relevant. This, in turn, directly affects the effective use of costs of processing enterprises and their economic efficiency. The demand of the global economy is to use costs effectively, create innovative products based on new technologies at enterprises, expand their opportunities for entering international markets, and achieve high efficiency indicators. In this regard, it is worth noting that in order to reduce the cost of products received by the enterprise and achieve a positive final financial result of its activities in terms of income, it is worth paying attention to the priority aspects of improving accounting data for cost analysis. In addition, one of the main tasks of improving accounting information in processing enterprises is to provide the management Journal of Management and Economics 52 https://eipublication.com/index.php/jme Journal of Management and Economics system with real data for the sustainable development METHODOLOGY of the enterprise. This data is important for developing Observation, logical and abstract thinking, a systematic the necessary decisions and determining important approach, hypothesis formulation, and methodological tasks to solve the problems that need to be solved for tools were utilized. Through observation, the the economic prosperity of enterprises. enterprise’s activity-related expenses, revenues, and Literature review profit indicators are studied, and their interconnection is identified. Logical and abstract thinking is used to In the economic literature, several scientific views on explore the possibilities of achieving positive financial “accounting and analysis of costs and revenues” have outcomes by purposefully incurring expenses aimed at been recognized by foreign and Uzbek economists, and expected revenue targets. A systematic approach helps they are as follows: determine the purpose behind each expense and In the studies of Russian scientists G.M. Lisovich and outlines the ways to increase profits by shaping revenue I.Yu. Tkachenko, priority is given to modern production indicators. The hypothesis method focuses on ensuring accounting, monitoring of production costs, analyzing that the expected outcomes of the cost and revenue the causes of excess costs and opportunities for their analysis are positive. reduction, and it is recommended to keep records of These methods serve to purposefully manage expenses costs by type and place of occurrence [1,9]. in processing enterprises, ensuring that every expense According to the views of Ye.B. Kozin and T.A. Kozina, contributes effectively to the company's operations, the place of cost occurrence is considered a separate and helps assess the enterprise’s potential through object of analytical accounting in management analytical review. accounting, in which the necessity of standardization, RESULTS AND DISCUSSION planning, and summarizing accounting for the purposes of observation, control, and management is It is important to identify the purpose and tasks emphasized [2,10]. associated with expenses in processing enterprises and to understand the outcomes these expenses are In the research of A.A. Karimov, I.K. Ochilov, and Z.U. expected to yield for the company. In other words, G‘aniev, it is recommended that "the main product every processing company’s production technology costs be reduced by the market value of by-products requires specific types of expenditures. or waste" [3,7]. In "Improving Accounting Information for Cost Analysis A.Kh. Mamatqulov notes that “in the activities of in the Sustainable Development of Processing enterprises, costs arise during the formation of the Enterprises", we aim to focus on all types of expenses enterprise, in economic operations, in the within the operations of processing companies. These implementation of production, in the sales process, as include: well as under financial and emergency situations. Each type of cost has its own characteristics, necessity, 1. Expenses during the supply process (pre- place, purpose, and functio