Calculation in the Agro-Industrial Complex: The Institutional Aspect

The purpose of the article is to study the application of an institutional approach to product calculation to study the asymmetry of information on production costs at enterprises of the agro-industrial complex (AIC). This problem is formulated in the context of the categories “uncertainty, rational choice, opportunism”; sources of asymmetry for the crop industry are identified in the form of uncertainty of cost elements, irrationality of using methods of production accounting and choosing distribution bases, causes of opportunism of accounting staff. Within the framework of the study, the improvement of cost calculation is based on the application of the provisions of the theory of institutional economics, a systematic analysis of economic processes in the field of agriculture and AIC, the theory of accounting for production costs and calculation. The author has established that at different historical stages of the development of accounting, the calculation methodology was improved under the influence of the prevailing economic system, determined by the regulator and routines. Such criteria as the type of uncertainty, the nature of the impact on costs, the institutions formed, and the management of uncertainty reduction are substantiated and proposed as criteria determining the institutional approach to the study of calculation. In the course of the work, dialectical and logical general scientific methods were used — analysis, synthesis, abstraction, generalization, induction, deduction, analogy. We believe that the results of the study and the author’s recommendations will be useful to specialists of the Ministry of Finance of the Russian Federation and the Ministry of Agriculture of the Russian Federation, and will also find application in educational institutions in the training of economists for agriculture.

1. Commons Jr. R. Institutional economics. Terra Economicus. 2012;10(3):69–76. (In Russ.).

2. Sukharev O. S. Methodological problems and prospects of modern institutionalism. Zhurnal ekonomicheskoi teorii = Journal of Economic Theory.2 020;17(4):904–921. (In Russ.).

3. Yurgel N. V. Stages of institutionalization of a company in a modern economy and the concept of institutional efficiency. materials of the International Symposium “Sustainable Development: State of the Art, Problems, Prospects” (Smolensk, September 25–26, 2020). Moscow: Idea; 2020:218–222. (In Russ.).

4. Chang H. Institutions and economic development: Theory, policy and history. Journal of Institutional Economics. 2011;7(4):473–498.

5. Sukharev O. S. Information and institutional choice in models of agency interactions. Zhurnal ekonomicheskoi teorii = Journal of Economic Theory. 2021;18(1):69–86. (In Russ.).

6. Tchaikovsky L. A. Theory and methodology of accounting: institutional approach.Auditorskievedomosti = Auditjournal.2007;(12):61–68. (In Russ.).

7. Scalaberda Ya. L. Uncertainty, risk and asymmetry of information in a market economy. Ekonomicheskie nauki = Economic sciences. 2006;(21):64–73. (In Russ.).

8. Visochan O. S., Yahvak D. M. Institutionalism in the modern domestic theory of accounting: historical origins and genesis. Black Sea Economic Studies. 2017;(16):155–161.

9. Dementiev V. V., Kvilinsky A. The institutional component of production costs. Journal of Institutional Studies. 2020;12(1):100–116. (In Russ.).

10. Ageeva O. A. Institutional approach to accounting and reporting: the need and possibility of its application at the present stage of the development of science. Vestnik universiteta = Bulletin of the University. 2019;(5):108–115. (In Russ.).

11. Sharovatova E. A. The impact of globalization of the world economy on the development of accounting: pros and cons. Uchet. Analiz. Audit = Accounting. Analysis. Auditing. 2020;7(4):25–32. (In Russ.).

12. Shogenov B. A., Bakaeva Z. R. Variability of accounting information, accounting methodology of financial statements. Upravlenie ekonomicheskimi sistemami: elektronnyi nauchny izhurnal = Managementin economic and social systems: online scientific journal. URL: https://elibrary.ru/download/elibrary_42615801_45562417.pdf. (In Russ.).

13. Volkova O. N. The Comparative Institutional Analysis of Accounting: from Craft to Institution. Ekonomika. Supplement B. 2013;92(3):271–277.

14. Popov A. I. Formation of planned and market methods of management in the context of K. Marx’s commodity production. Evraziiskii mezhdunarodnyi nauchno-analiticheskii zhurnal = Eurasian international scientificanalytical edition. 2018;2(66):49–52. (In Russ.).

15. Meramveliotakis G. Surveying the Methodological and Analytical Foundations of the New Institutional Economics: A Critical Comparison with Neoclassical and (Old) Institutional Economics. Economic and Business Review. 2020;22(3):345–362.

16. Nesheva-Kiosseva N. Key Ideas and Concepts of Institutional Economic Theory: Basis of Non-financial Accounting and Reporting. International Journal of Business Innovation. 2023;2(2):2–26.

17. Polenova S. N. Accounting in the reform of Russian accounting. Ekonomika I sotsium = Economics and Society. 2013;1(6):665–670. (In Russ.).

18. Sherr I. Accounting and balance. Moscow: Ekonomicheskaya zhizn’; 1926. 560 p. (In Russ.).

19. Ansoff I. Strategic management. Trans. from Eng. Moscow: Ekonomika; 1989. 519 p. (In Russ.).

20. Kolomiets A. Society of uncertainty and risk: inconsistency of institutional information.Obshchestvo i ekonomika = Societyand Economics. 2022;(8):5–17. (In Russ.).

21. Tutov L. A., Shastitko A. E. An economic approach to the problem of organizing knowledge about a person. Voprosyekonomiki. 2002;(9):46–43. (In Russ.).

22. Khoruzhii L. I., Katkov Yu.N., Titova V. A. Features of the application of the functional method of cost accounting in agricultural organizations. Bukhuchet v sel’skomkhozyaistve = Accounting in Agriculture. 2022;(3):224–235. (In Russ.).

23. Shcherbatyuk V. V. The general chart of accounts of accounting and its improvement. Uchet. Analiz. Audit = Accounting. Analysis. Auditition. 2017;(6):68–75. (In Russ.).