Importance The article considers the application of the Activity Based Costing (ABC) method in the operations of the business unit on the Finance Department case. Objectives The aims are to review the specifics of methodology for applying the ABC analysis in the management of the Finance and Economic Department of the enterprise, study the experience in using the ABC method in the analysis of management of a business unit, examine stages of the analysis, analyze functions of the Department, prepare a functional model of the analyzed object, and determine the significance of the Department's functions. Methods We employ methods of systematization, comparison, and generalization. Results The efficiency of applying the Activity Based Costing analysis can be observed in reduced costs and saving the financial resources to support the operations of the Finance and Economic Department. The use of the method is a sort of tool, contributing to the management of processes and measuring the cost of performed works and delivered services. Conclusions The use of the Activity Based Costing analysis should result in optimization of functions and resources.
Keywords: Activity Based Costing, ABC, Finance and Economic Department, functional model
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