REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Features of the Formation of the Self-Cost of Services of Consulting Companies
Lytvynchuk D. P.

Lytvynchuk, Dmytro P. (2024) “Features of the Formation of the Self-Cost of Services of Consulting Companies.” Business Inform 5:251–257.
https://doi.org/10.32983/2222-4459-2024-5-251-257

Section: Accounting and Auditing

UDC 338:5

Abstract:
Recently, taking into account the instability of the world economy, we can state a constant increase in global demand for consulting services both in the countries of the European Union and in Ukraine. The economy of Ukraine today is in an extremely difficult situation due to the military invasion of the russian federation, but at the same time, unique opportunities are being formed for the implementation of accounting transformations of enterprises with the help of high-quality consulting, which contributes to the approximation of national business to international standards. The aim of the study is to determine the features of the provision of consulting services as an object of accounting and the formation of their self-cost. Today, the consulting industry covers a wide range of services focused on various business processes of customers, while creating a single type of business, the basis of which is intellectual capital. Consulting mainly operates in the B2B segment, where consumer behavior is determined by the specifics of the industrial market and industry development trends. The main feature of the consulting market is the uniqueness of the consulting service as an intellectual product that remains at the disposal of the client after the completion of cooperation, and which should be considered as an intangible asset. It is the duty of consulting service providers to form the self-cost of these services. However, the lack of industry recommendations and guidelines complicates the process of calculating the self-cost of consulting services. The need to develop a clear, unified and normatively approved standard, which will significantly simplify accounting procedures and improve the quality and accuracy of relevant calculations, is indicated. A brief description of the structure of the production cost of consulting services has been carried out and the costs that have the greatest impact on the formation of the self-cost of these services have been considered. It is determined that the war in Ukraine has caused an increase in the cost of consulting services.

Keywords: consulting services, production self-cost, management, costing, accounting.

Fig.: 1. Bibl.: 19.

Lytvynchuk Dmytro P. – Postgraduate Student, State University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

List of references in article

Bezrukova, N., and Svichkar, V. “Sonsulting Activities of International Companies“. Efektyvna ekonomika, no. 8 (2021). DOI: https://doi.org/10.32702/2307-2105-2021.8.81
“Consulting Fees Guide: How Much To Charge For Consulting“. https://www.consultingsuccess.com/consulting-fees
“Global Management Consulting Industry Statistics“. https://worldmetrics.org/global-management-consulting-industry-statistics/
“Survey of the European Management Consultancy 2021-2022“. FEACO. January 2023. https://aecconsultoras.com/wp-content/uploads/2023/02/Feaco-Survey-2021-2022.pdf
Bublyk, K. O. “Upravlinnia spozhyvchoiu povedinkoiu v sferi konsaltynhovykh posluh“ [Management of Consumer Behavior in the Field of Consulting Services]. Ekonomika i menedzhment 2020: perspektyvy intehratsii ta innovatsiinoho rozvytku. Dnipro: Vydavets Bila K. O., 2020.
Verba, V. A. “Metodychni zasady obchyslennia vytrat v konsaltynhovykh kompaniiakh“ [Methodological Basis of Costs Calculation in Consulting Companies]. Efektyvna ekonomika. 2011. http://www.economy.nayka.com.ua/?op=1&z=914
Verba, V. A. “Metodychni polozhennia pobudovy ekonomichnoi modeli upravlinnia konsaltynhovoi kompanii“ [Methodical Provisions for Building an Economic Management Model of a Consulting Company]. Stratehiia rozvytku Ukrainy. 2013. https://jrnl.nau.edu.ua/index.php/SR/article/view/6894
Dziuba, O. M., and Levishchenko, O. S. “Obgruntuvannia kompleksnoho pokaznyka vytrat pidpryiemstva na konsaltynhovi proekty“ [Substantiation of the Complex Indicator of the Company's Costs for Consulting Projects]. Ekonomika ta suspilstvo, no. 22 (2020). DOI: https://doi.org/10.32782/2524-0072/2020-22-52
Yeremian, O., and Yaroshenko, A. “Metodychni aspekty obliku vytrat i kalkuliuvannia sobivartosti IT-posluh“ [Methodological Aspects of Cost Accounting and Calculation of the Cost of IT Services]. Halytskyi ekonomichnyi visnyk, no. 2 (2023): 26-35. DOI: https://doi.org/10.33108/galicianvisnyk_tntu2023.02.026
Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua
Derzhavna podatkova sluzhba Ukrainy. https://tax.gov.ua/
[Legal Act of Ukraine] (2001). https://zakon.rada.gov.ua/laws/show/2664-14#Text
“Klasyfikatsiia vydiv ekonomichnoi diialnosti“ [Classification of Types of Economic Activity]. http://www.ukrstat.gov.ua/klasf/nac_kls/op_dk009_2016.htm
[Legal Act of Ukraine] (1999). https://zakon.rada.gov.ua/laws/show/z0027-00#Text
Reikin, V. S., and Makara, O. V. “Konsaltynh v Ukraini: otsinka stanu ta tendentsii rozvytku“ [Consulting in Ukraine: Condition Assessment and Development Trends]. Infrastruktura rynku, no. 39 (2020): 97-101. DOI: https://doi.org/10.32843/infrastruct39-16
Sliusareva, L. V. “Rynok konsaltynhovykh posluh: tendentsii ta osoblyvosti rozvytku v Ukraini“ [The Market of Consulting Services: Trends and Peculiarities of Development in Ukraine]. Upravlinnia sotsialno-ekonomichnymy transformatsiiamy hospodarskykh protsesiv: realii i vyklyky. Mukachevo: MDU, 2021. 32-35.
Fyliuk, H., and Prytula, I. “Rozvytok rynku konsaltynhovykh posluh v Ukraini v umovakh suchasnykh vyklykiv“ [Development of the Consulting Services Market in Ukraine Amid Contemporary Changes]. Ekonomichnyi analiz, vol. 34, no. 1 (2024). DOI: https://doi.org/10.35774/econa2024.01.115
Fomina, O. V., and Lytvynchuk, D. P. “Yevropeiski tendentsii rozvytku konsaltynhu“ [European Consulting Development Trends]. Ekonomika ta suspilstvo, no. 60 (2024). DOI: https://doi.org/10.32782/2524-0072/2024-60-55
Chumak, O. V., and Andriushchenko, I. S. Upravlinnia vytratamy v informatsiino-analitychnii systemi pidpryiemstv restorannoho hospodarstva [Cost Management in the Information and Analytical System of Restaurant Enterprises]. Kharkiv: Vydavets Ivanchenko I. S., 2016.

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»