There are two approaches to estimating lost profit: the traditional accounting approach (“full costs accounting”) and the one based on direct costing logic (“incomplete costs accounting”). The article demonstrates that the second approach takes into account additional benefits and costs, that’s why it is economically correct. It shows lameness of legal practice applying “Temporal methodology for determining damage (losses) caused by economic agreements violations”. It proposes to develop methodology for calculating losses in case of client’s refusal to purchase part of customs under a long-term contract.

The article discusses the mechanism of food resources strategic management in the region as an integral part of its economic security. The paper presents the dynamics of forming the main food resources in the Republic of Mordovia.