Problems of Accounting Costs for Surring and Capital Repairs in Small Business Construction Organizations

Key Points

• The article aims to explore the challenges of accounting for repair costs in small business construction organizations and suggests improvements.
• Examines classification features of repair costs
• Identifies accounting challenges in small construction organizations
• Proposes separate accounting for routine and major repairs
• Refines allocation base for indirect costs
• Develops analytics for cost accounting
• Identified key accounting challenges related to repair costs
• Proposed specific improvements to accounting policies
• Recommended better organization of cost accounting for repairs
• Enhanced understanding of indirect cost allocation