MANAGEMENT ACCOUNTING OF CONSTRUCTION ENTERPRISES: PROBLEMS OF IMPLEMENTATION PROBLEMS OF IMPLEMENTATION AND FUNCTIONING IN TODAY'S CONDITIONS

Abstract

The article is devoted to the study of theoretical and organizational aspects of management accounting in construction enterprises, taking into account the specific features of construction activity. The relevance of  the research is determined by the complexity of the construction process, the long production cycle, significant capital intensity, variability of costs, and the involvement of a large number of participants in the implementation of construction projects. These factors require the application of specialized approaches to accounting, analysis, planning, and internal control in order to ensure effective management decisions. The purpose of the article is to substantiate the necessity of forming a structured management accounting system at large construction enterprises and to define the functional components of specialized management accounting departments. The research is based on the analysis of scientific approaches of domestic scholars, generalization of theoretical provisions, and the use of methods of comparison, systematization, and logical generalization. The article identifies the main features of construction that significantly influence the organization of management accounting, including technological, economic, functional, and regulatory characteristics. Special attention is paid to the role of management accounting in budgeting, cost control, analysis of financial results, and internal economic control. The expediency of creating separate structural units responsible for budget planning, analytical accounting of revenues and costs, decision analysis and design, as well as internal control is substantiated. The results of the study confirm that the implementation of an effective management accounting system contributes to improving cost management, increasing transparency of financial information, enhancing control over the execution of construction works, and strengthening the financial stability of construction enterprises. The practical significance of the research lies in the possibility of using the proposed approaches to improve the organization of management accounting in construction enterprises under modern economic conditions.