ACTIVITY-BASED COSTING AS A FUNCTION OF INFORMATION SUPPORT FOR MODERN MANAGEMENT

Katarina Božić; Vladan Knežević

doi:10.59864/Oditor62502KB

Autori

Katarina Božić University of East Sarajevo, Faculty of Business Economics Bijeljina, Semberskih ratara 1e, Bosnia and Herzegovina, Republic of Srpska Author https://orcid.org/0000-0003-1274-3402
Vladan Knežević University of Belgrade, Faculty of Economics and Business, Serbia Author https://orcid.org/0000-0001-9527-2292

DOI:

https://doi.org/10.59864/Oditor62502KB

Ključne reči:

contemporary cost accounting methods, ABC method, accounting, digitalization, survey

Apstrakt

In the modern business environment, traditional cost accounting methods are increasingly being replaced by advanced approaches that enable more precise cost management and enhance business competitiveness. This paper analyzes the application of contemporary cost accounting methods in the Republic of Srpska, including Activity-Based Costing (ABC). This paper explores the role of ABC as an essential element of information support for contemporary management, emphasizing its contribution to cost optimization, performance evaluation, and strategic planning. The research is based on a survey conducted among accountants to examine their perception of the advantages, challenges, and frequency of applying contemporary cost accounting methods. Descriptive and non-parametric statistical analysis was applied to identify the key factors influencing the selection and implementation of modern cost accounting methods. A particular focus is placed on analyzing the relationship between the degree of enterprise digitalization and the adoption of contemporary cost accounting methods, with special emphasis on the knowledge and application of ABC. The findings provide insight into the current level of adoption of these methods in the Republic of Srpska, as well as the barriers preventing their wider implementation. The study's conclusions are expected to be beneficial to accountants, managers, and decision-makers in selecting optimal methods for improving cost management in enterprises.

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