EXAMINING THE COST MANAGEMENT AWARENESS OF SMES: ELAZIG PROVINCE EXAMPLE

Abstract

Technological developments, and global competition conditions, force businesses to constantly change and improve existing production techniques and practices. Among these, we can see that the findings of cost and management accounting are also coming. New production technologies and components necessitate the application of modern techniques instead of classical methods, which naturally leads to more frequent calculation of product costs. Very well functioning cost management affects many processes from the supply stage to the sales stage positively.
In our study, the cost awareness of production enterprises located in Elazığ province in the scale of SMEs has been examined. Businesses are aware of cost management awareness, but it has been determined that some of them have not benefited from these positive effects sufficiently due to the conditions and scale of their presence