Practical aspects of calculating and analyzing deviations in management accounting

The article presents an algorithm of information collection, calculation and interpretation of deviations of actual cost and sales indicators from budget values. Examples of calculation of various types of deviations of costs and sales, as well as reconciliation of actual and standard costs of production, sales volumes and prices are given. Measures to eliminate unfavorable deviations are presented. The realization of the proposed algorithm will allow to identify problem areas in time, determine the causes of inefficiency, make reasonable managerial decisions to increase the profitability of business.