METHODICAL APPROACHES TO THE FORMATION OF THE SYSTEM OF MANAGEMENT ACCOUNTING AND CONTROL IN RETAIL TRADE OUTLETS

  • Dmitry Ilyich Tyamusev

Abstract

This paper reveals that the introduction of internal control into practice of the retail enterprise which is an integral part of the quality management in retail trade enterprise, is in fact appropriate for the efficient and moreover well-ordered transaction of the current affairs, providing the retailer's management with a timely, complete and accurate information about trade economic and financial activities of commercial enterprise. The most effective tool of management accounting and control, used by commercial retail organizations is budgeting. The budgeting system allows to distribute commodity resources in the most optimal way between the departments of a retail outlet.
Section
Humanities