INTEGRATING ACTIVITY-BASED COSTING AND CASH VALUE ADDED 

Kabirova Alina Salavatovna, candidate of economic sciences, associate professor, sub-department of finance and credit, Ufa branch of Financial University under the Government of Russian Federation, E-mail: ac-kabirova@yandex.ru 

336.645.1 

Background. The urgency of the problem is caused by the fact that the size of the main types of resources expended on the production of products affects the efficiency of production, the amount of profit and the level of profitability, since the level of their use directly affects the amount of consumption. However, the focus on cost indicators, such as the added value of cash flow, in cost management presents a fundamentally new economic approach that allows for the future capabilities of the company to be taken into account. The article proposes an original addition of the added value of the cash flow (CVA) to the cost accounting system by the ABC method. The integrated ABC-CVA system allows management to more accurately determine the value of a product, especially in situations where indirect costs exceed direct costs, but also take into account the need for capital. The purpose of the ABC-CVA system is to develop a tool for manufacturing companies that will allow them to manage the process of creating value at the level of individual products or services.
Materials and methods. The goal of the research was achieved on the basis of an analysis of the work of domestic and foreign scientists on corporate finance, the applica-tion of models for analyzing the financial condition of companies based on cost indicators.
Results. Given the modification to the ABC method, the integrated system will allow com-pany managers to manage the process of creating value at the level of business processes and activities.
Conclusions. By integrating the added value of the cash flow in the cost ac-counting system with the ABC method, we believe that managers will receive an additional management tool for effectively allocating the company's capital to business processes and activities by including costs in the cost of the product or service. 

Activity-Based Cost System, Cash Value Added, operating and capital expenditures, economic profit