Methodical recommendations on accounting support of loss prevention

The issues of production losses occurrence are relevant for all business entities, but the problems of loss prevention are of special importance in the implementation of lean production. In such situations, it is crucial to ensure that relevant information is interconnected with actions aimed at identifying problematic areas and possible losses. The collection and accumulation of operational data on losses can be arranged in the management accounting framework. Competently aggregated data and management reports compiled on their basis will help to determine the causes of losses and discover ways to reduce them. Presented in the article methodological suggestions on loss prevention accounting include 9 main blocks: determination of possible loss occurrence areas, classification of losses, description of possible losses, planning, loss accounting, inventory, detailed analysis, determination of losses impact on the cost of flow, development of preventative events, for each of which areas of problems occurrence and control fields, along with accounting and information sources, are determined. The practical use of these suggestions allows us to quickly reveal the processes and places of a possible occurrence of production losses in order to control and prevent them, which positively influences the results of single-cell as well as the whole production’s work.