The principal aim of the study was to determine decision-making and information usefulness of costing in the dairy cooperatives. The results of the study in this area lead to undoubtful conclusions that managers of dairy cooperatives use cost information mainly for purposes of reporting – valuation of stocks, pricing etc. Most managers of cooperatives do not carry detailed analyses of structure and level of costs, and mainly the accounting department generates little necessary information.
Owing to the current operating conditions of LGUs, processes which serve the improvement of their efficiency are playing an increasingly important role. The nature of this subsector means that rational usage of resources is of utmost significance. For this reason, it highly desirable that good practices of the self-government sector are adapted and implemented by local government units. The attention of both theoreticians and practitioners in this field should concentrate on modern cost accounting ideas and their possible application for budgeting processes. The aim of this paper is to present a model of budgeting which would use cost accounting and which takes into account the needs of the citizens of a territorial community.
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