The importance of cost and management accounting applications in terms of competition in manufacturing businesses: A research on city of Trabzon

Production enterprises that undertake the task of meeting the needs of society operate in both the same and different sectors. From this perspective, they will create a competitive environment among themselves, whether they want it or not. However, in general terms, it is a fact that all of them contribute to the country's economy. In this context, it is an inevitable necessity for production enterprises to use cost and management accounting practices in order to reduce their costs and maximize their profitability. Cost and management accounting, which is one of the most important parts of accounting, calculates the costs of goods or services produced and helps management make decisions. As the intensity of competition increases, the importance of cost and management accounting increases. In this study, the importance of cost and management accounting in terms of competition on production enterprises registered with the Trabzon Chamber of Commerce and Industry was investigated. Within the scope of the research, a survey was conducted in 264 production enterprises. As a result of the analysis, it has been determined that cost and management accounting applications are effective in the decision-making process and that the most used cost method in businesses is the order cost method. It has also been determined that cost and management accounting practices affect competition, production process and planning.