Resumen

RINCON DE PARRA, Haydée Cecilia. Accounting Costs and Management in the Venezuelan Farmaceutical Industry: A Case Study. Revista Venezolana de Gerencia [online]. 2005, vol.10, n.30, pp.267-287. ISSN 1315-9984.

Competition, price controls, tax policies, the integration of Latin American markets, the diversification of products, among other things, are causing businesses to come up against increasing levels of difficulty for development and expansion. For this reason, the study and analysis of costs is becoming an ever more decisive factor in business management. The purpose of this study is to research the practices used by companies in Merida in relation to cost accounting and management. The research is exploratory and descriptive. The techniques of documentary analysis, direct observation, non-structured interviews and surveys are used. The results reveal that business firms do not establish adequate procedures that allow for the determination and management of costs for each of the products they manufacture, and for this reason they need to establish strategies in order to improve competitiveness, administer situations of scarcity, participate actively in the national market, and to utilize tools that permit their introduction into an ever more interrelated world immersed in difficult changes and turbulent contexts. The conclusion is that it is necessary that for the companies studied to search for internal productivity and appropriate quality.

Palabras clave : Accounting costs; cost management; quality; pharmaceutical industry..