Development of multi-purpose cost accounting system of vertically integrated gas transportation organizations

The article highlights the key factors of the vertically integrated gas transportation organizations that affect the organization of management accounting. It is possible to define a multi-purpose nature of cost accounting systems and to formulate its objectives. The authors substantiate the necessity of applying the method of double entry accounting system in the construction costs. They have worked out the insufficiency of the economic literature of cost accounting techniques to solve all problems. The authorial method of multi-purpose designed cost accounting system, including the allocation of aggregate accounts for management accounting, the general scheme of constructing a system of cost accounting, the formation of typical accounting entries has been proposed.