Expenses classification as the management instrument of vertically-integrated companies (VIC)

The article highlights the problem of managing the expenses in oil producing vertically integrated companies, which have subsidiaries within the holding company. The author offers to mark out the unification of manufacturing expenditures classification as the sphere of a management system, this unification is directed to the extension of possibilities of operative and strategic VIC company. It is emphasized that the control methods of subsidiary companies are used without regard to the purpose of foundation of every subsidiary, their status in the system and the character of in-group relations. The author points out the necessity of unity in methodology of information accumulation, concerning the expenses which occur at wellsites and centers of financial responsibility, and its processing based on the given classification of distribution of the elements according to the calculation items.