Information and instrumental support of business analytical procedures involves the selection of methods and the development of tools, which together constitute a methodological justification (scheme) for the formation of accounting information. The sequence of hierarchical procedures consists of evaluating strictly justified parameters and indicators, identifying deviations that characterize compliance with norms and standards, normative and planned values. It is proposed to carry out the algorithmization of procedures in accordance with the sequence of implementation of the main business processes, which includes four stages: procurement of materials, production of products, sale of products, determination of financial results. Due to the lack of a unified methodology for accounting for deviations for the purposes of indicative management in domestic practice, as well as to eliminate contradictions and shortcomings in the existing approaches, it is proposed to supplement the tools of the Standard-cost system with new accounting and analytical attributes. Enhanced systematization of the revealed deviations by their types (quantitative, qualitative and cost (monetary)) and by the stages of the implementation of business processes are provided by the developed multi-level analytical accounts and specific accounting records. Detailing by level and accounting for deviations make it possible to generate data with a high analytical capacity and using summarizing tools to obtain summarizing information for making effective management decisions. Implementation of the proposed information-instrumental approach in business analytical practice will provide an opportunity to proactively monitor the vector and level of deviations, identify the causes of their manifestations and those responsible, more accurately predict the results of efforts and take operational measures to ensure the proper level of achievement of goals in accordance with strategic and operational interests organization.

business analysis, information support, accounting scheme, analytical accounts, standard cost, accounting deviations, indicative management

1. Blanda C., Legros S.S. Business intelligence: a managerial perspective on analytics. 2014.

2. Manyaeva V.A., Piskunov V.A., Fomin V.P. Strategic management accounting of company costs. International Review of Management and Marketing. 2016. vol. 6. no. 5. pp. 255-264.

3. Hot F.T. The system "standard-cost" through the prism of accounting (financial) accounting. Economic analysis: theory and practice. 2008. no.1 (106). pp. 35–39. (in Russian).

4. Volotovskaya O.S. Regulatory accounting and standard cost as promising tools for information support of the cost control of products (works, services). Audit and financial analysis. 2017. no. 2. pp. 42–47. (in Russian).

5. Altudov Y.K., Gedgafova I.Y., Efendieva G.A., Kazieva B.V. The information aspect of the standard-cost system and the features of its application in enterprises engaged in innovative and investment activities. European Social Science Journal. 2017. no. 11. pp. 128–138. (in Russian).

6. Kuvshinov M.S., Kireeva N.V. Analysis of the correspondence of cost management methods to actual management tasks. Economic analysis: theory and practice. 2014. no. 17 (369). pp. 37–46. (in Russian).

7. Karagodin D.A., Korshikova S.N., Strakhova E.S. Standard-cost accounting system as an instrument of management and cost control for the production of dairy cattle breeding. Management Accounting. 2016. no. 6. pp. 24-32. (in Russian).

8. Olszak C. M. Toward better understanding and use of Business Intelligence in organizations. Information Systems Management. 2016. vol. 33. no. 2. pp. 105–123.

9. Kubina M., Koman G., Kubinova I. Possibility of improving efficiency within business intelligence systems in companies. Procedia Economics and Finance. 2015. vol. 26. pp. 300–305.

10. Karmokova K.I. Analysis of methods of cost accounting and costing at the enterprise. Economics and entrepreneurship. 2016. no. 11–3 (76). pp. 1008-1011. (in Russian).

11. Plakhin A.E., Kokovikhin A.Y., Ogorodnikova E.S., Suslov S.A. Evaluation of the impact of infrastructure projects on the development of the territory. Bulletin NGIEI. 2017. no. 11 (78). pp. 139–147. (in Russian).

12. Newcomer K.E., Hatry H.P., Wholey J.S. Cost-effectiveness and cost-benefit analysis. Handbook of practical program evaluation. 2015. 636 p.