Integrated model of management accounting of innovative costs

Abstract

It was determined that innovative activity is a key element of ensuring the successful and sustainable functioning of the enterprise. The definition of management accounting of innovation activity is given. Innovation costs are defined as the main object of management accounting of innovation activity. A logical model of management accounting of innovative costs based on the integration of modern concepts and methods (elements of the method) of management accounting of costs has been developed: Target Costing, Life Cycle Costing, Kaizen Costing, Activity Based Costing, etc., allowing to optimize the amount of direct and indirect innovation costs at all stages innovative activity taking into account external and internal factors; the origin and essence of these concepts are considered, their advantages and disadvantages are highlighted. The essence and features of target costing as a method of targeted strategic cost management to increase the competitiveness of the company's products on the market was considered, and the sequence of stages of its practical implementation during the implementation of innovative activities was developed