The efficiency management model should be understood as a set of financial, legal and organizational and economic mechanisms, methods of forecasting, planning, regulation and control over the activities of the enterprise and its results in order to ensure an acceptable level of profitability of its activities in the long term, as well as the achievement of other goals defined by its strategy.

Important components of the efficiency management model of the enterprise are the management of its income and expenses. The management of the enterprise's income should be aimed at obtaining such an amount that would ensure the coverage of fixed costs of organizations, reimbursement of variable costs that depend on the volume of product sales, payment of indirect taxes (value added tax, excise duty, customs duties) and profit. The implementation of these tasks is associated with the establishment of economically justified prices for products sold; the rationality of the terms of commercial transactions, which is associated with the choice of supplier, transportation conditions; reducing the chain of movement of goods, since the amount of income of each participant in the movement of goods depends on the number of intermediaries.

An extremely important element of enterprise efficiency management, a separate unit of it, is cost management, because it is costs that determine competitive demand in the market, contribute to the implementation of an effective pricing policy, ensure high returns from technical equipment, material and labor resources, ensure the development and adoption of optimal management decisions for the current and long-term prospects.

In this context, effective management is considered to be such that it provides:

proper accounting and reporting;

real classification of costs and the possibility of their proper analysis;

allocation of costs to relevant departments, services, functions, and individuals, i.e. establishing a measure of responsibility for their occurrence;

forecasting and planning of costs, drawing up cost estimates for the future period, taking into account other indicators and characteristics of activity.

Cost management is one of the important subsystems of the general management system of enterprises and organizations. This subsystem is closely related to such management subsystems as production volume and sales of products, inventories, revenue (income), and profit.

The cost management system of enterprises is a system of economic means and methods of targeted influence on the interests of the industry, enterprise, employee in order to optimally coordinate them with the interests of consumers and society as a whole, while maintaining the appropriate socially necessary proportions in the formation of costs.

Its elements are: the goal of the system; the object and subject of management, which are influenced by supply and demand in the market and which determine socially necessary costs; a group of elements that form a direct information connection with the object of management; controlled and uncontrolled factors that affect the main elements of the system.

The functions of the cost management system of enterprises are determined by the tasks assigned to it:

organization of information support in accordance with the content, composition and structure of costs and target benchmarks;

assessment of the possibilities of forming costs in the current and planned period of activity in accordance with the conditions of the enterprise's functioning;

a complete analysis of costs in dynamics and for the current period;

forecasting the size and level of costs, using possible methods depending on different volumes of production and the target amount of profit;

planning the range of permissible limits of the level of costs, i.e. their maximum and minimum values;

ensuring timely delivery of the planned level of costs to executive units, responsibility centers, and individuals;

control and operational management of costs, taking into account changes in the conditions of the functioning of organizations and changes in the commodity market;

improving cost accounting and finding reserves for their further reduction.

In view of this, the process of managing enterprise costs is quite complex, since it is necessary to take into account the diverse interests of the state, region, industry, enterprise, counterparties, consumers, etc.

The main task of creating a system of enterprise cost management is to combine these interests and create a self-regulating mechanism for their formation and change.

The quality of enterprise cost management is characterized by an indicator of their manageability, i.e. the ability to promptly and dynamically influence the size of costs in accordance with changes in the system of economic methods and means.

Therefore, for the management of enterprise costs to be effective, enterprises need to reduce and avoid inappropriate, ineffective costs, that is, those that do not contribute to increasing production and sales volumes, obtaining the target profit.