THE CONCEPTION OF COMPETITIVE ADVANTAGE THROUGH COST ANALYSIS

Abstract

Faced with a competitive world in which the economy becomes increasingly globalized and complex, organizations are increasingly concerned to remain in the market and make a difference in the industry. Thus, it is of utmost importance that organizations control costs effectively and efficiently, allowing them to carry out daily activities, as well as financial commitments. In this way, information from cost accounting becomes increasingly relevant in the decision-making process within any organization. With regard to the general objective, understand the importance of cost analysis to create competitive advantage in organizations. In compliance with specific objectives, identify the main cost management methods; identify the practices used and benefits achieved and highlight the purpose of cost accounting for an organization. Regarding the methods adopted to carry out the referred research were: bibliographic, exploratory research. The results show that in cost accounting, costing methods are important in decision-making, since from this it is possible to determine the price of a certain product or service. In view of this, in order to adopt a costing method according to Costa (2014), the company should seek a method that meets the following factors as much as possible: control, competitiveness, appropriation, legality, management, planning, supervision, reliability, precision and comparability.