Improvement of the manual of cost standards and procedures for entities in the fishing industry

Abstract

Cost manuals are basic instruments in the systems of organization and standardization of processes in productive enterprises. They are essential tools for cost control, decision making, definition of standards and performance evaluation. The objective of the research developed is to improve the manual of cost norms and procedures of the La Coloma Industrial Fishing Company, from the inclusion of its main cost elements, vouchers of operations, budget systems, procedures for the elaboration of cards, methods for the calculation and distribution of indirect costs, sets, by-products, ullages, wastes and analysis of variations; for this purpose, general methods of theoretical and empirical levels were used, which allowed characterizing and deepening in the essential particularities of the object of research, contributing, from its practical application to improve efficiency and business effectiveness, reduce errors, increase the levels of accounting control and supervision, regulatory compliance, reducing negative deviations in efficiency and volume, and contributing to an adequate allocation of costs, supporting the decision-making processes derived from the tools associated with management accounting and ultimately allowing the reduction of expenses and the increase of the company's aggregate profit margins from the adequate application of the principle of association of income and expenses.