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Management and Economics OPEN ACCESS

COSTS BASED ON CONSUMPTION ACCOUNTING AND THEIR IMPACT ON ACHIEVING COMPETITIVE ENERGY

Behar Saad Abbas Ali
Ministry Of Education/Educational Planning, Iraq
Hameed Jassem Alwin
Al Mustaqbal University Business Administration Department, Iraq
Ammar Ali Hussein
Ministry Of Oil / Oil Products Distribution Company, Iraq
tajmei 2024
VOL. 6 / NO. 01 JANUARY
VOLUME 6
ISSUE 01
YEAR 2024
PAGES 75-88

Abstract

The increase in local and foreign competition and technological developments in the modern manufacturing environment, as well as the continuous changes in the cost structure, have made the current accounting system insufficient to deal with the operational operations of the Iraqi Ministry of Industry and Minerals. Implementing a new accounting system that analyzes the cost activities that add value and can be exploited has become necessary. It excludes or improves cost activities that do not add value and can be used to achieve sustainable competitive energy. It is a cost system based on consumption accounting that is the primary basis in building and developing the product with the lowest cost and best quality compared to competitors.

Keywords

Manufacturing environment foreign competition and technological developments

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