COST MANAGEMENT AS A TOOL FOR INCREASING THE PROFIT OF AN AGRICULTURAL ENTERPRISE

In today’s conditions of globalization and the rapid development of the agro-industrial complex (AIC), cost management has become one of the key factors determining the financial stability and competitiveness of enterprises. Costs that arise in the process of production, processing and sale of agricultural products can significantly affect the overall level of profitability of the enterprise. Therefore, effective cost management is not only a necessity, but also a strategic tool for achieving economic growth. Today, the agricultural sector faces numerous challenges, such as fluctuations in raw material prices, changes in legislation, environmental requirements and consumer needs. In these conditions, enterprises must not only control their costs, but also actively seek ways to optimize them. This involves the introduction of new technologies, process automation, as well as analysis and rethinking of existing business models. Cost management in the agri-industrial complex includes a whole range of activities: from budget planning to monitoring and analysis of costs at all stages of the production cycle. Thanks to this, enterprises can identify inefficient costs, optimize resources and increase their profitability. This article will consider the main aspects of cost management in the agro-industrial complex, as well as practical recommendations for their optimization to ensure sustainable development of enterprises in this industry. The article specifies and systematizes the main approaches to managing production costs. It is proposed to consider the organization of responsibility centers and internal control of their activities in a decentralized management system of an agro-industrial complex enterprise. The study of the works of domestic and foreign scientists on this topic allowed us to systematize and group the main measures that affect the reduction of the cost of production in the agricultural sector of the economy. The conducted research allowed us to develop a system for managing profit formation by financial responsibility centers of enterprises with its subsequent application in practice.