Production capacity of metallurgical enterprises in modular structure of management accounting

Nosov Magnitogorsk State Technical University (NMSTU), Lenin Street, 38, Magnitogorsk city, Chelyabinsk Region, Russia

^* Corresponding author: jenia-v@yandex.ru

Abstract

This article is the result of constant research in development of management accounting at modern Russian metallurgical works. The required steps of renovation are presented for the modernization of management accounting system in the case of production capacity. The necessary factors with defined values are systematized for modern enterprises. The main ones are those which are regulate the measure of the payload of production capacity. For the purposes of effective management accounting at metallurgical enterprises it is suggested to use the system of controlling parameters which were formulated for the enterprise for production of rolls. Later in the article the necessary changes to the modular structure of management accounting business are described and expanded with new structural element – “Management of production capacity”. The suggested methodical approach will allow the company management to respond quickly to rapidly changing external environment and, as a consequence, to make effective management decisions.