• Оlga Pavelko
Keywords: factors, influence, profit, construction enterprise, size, institutional changes


The factors of influence on profit are considered in the article. It was found out that a number of factors influence the size of financial results. The generalization of the approaches of scientists to identifying the factors of influence on profit gives grounds to declare that scientists traditionally distinguish external (macroeconomic, independent) and internal (microeconomic, dependent) factors of influence on the size of profit. The factors influencing the profit of construction enterprises are highlighted. Scientists' approaches to identifying the factors of influence are outlined.
It is substantiated that rationalization of the development process of the construction company accounting policy should be one of the priority tasks for the accounting staff, because correctly predicted elements that are objectively adapted to the needs of the economic entity make it is possible to increase the value of the financial result.
The formation of factors influencing the creation of construction enterprises profit in the context of institutional changes is investigated. The essence of institutional changes is analyzed. The factors of the institutional environment influencing the accounting system are highlighted. The basic forms of transaction costs are analyzed. The differences between the institutional theory and neo-institutionalism are found.
It is shown that the most generalized and adapted to the needs of construction contracts is the classification of transaction costs within periods (before, during and after the conclusion of contracts): ex-ante costs - arise up to the time of the exchange (costs of obtaining information on prices, quality of resources, business reputation of the counterparty, etc.); costs of ex-interim - appear in the exchange process (payment for insurance services, notarization of documents, conducting settlements, etc.); expenses of e-mail - arise after the exchange (costs for checking the execution of contracts, quality control, costs for the protection of contracts, etc.).
It has been established that the transaction cost savings are the basis for choosing the type of contract, in particular for building contracts. The participants in the construction process have the opportunity to sign a contract with a fixed price or contract of “cost plus”.