Open AccessПринципы формирования финансовой информации в бухгалтерской (финансовой) отчетности
Author(s) -
M.P. Urtenova
Publication year - 2021
Publication title -
тенденции развития науки и образования
Language(s) - English
DOI - 10.18411/lj-02-2021-97
Subject(s) - balance sheet , accounting , accounting information system , quality (philosophy) , business , order (exchange) , management accounting , accounting standard , financial accounting , finance , philosophy , epistemology
Accounting (financial) statements are the main source of information for external users when making investment decisions. Therefore, the presentation of high-quality accounting information is one of the priorities of the company's management. In order for the accounting statements to meet the requirements set out for them, such principles as full reflection of all business operations and inventory results for the reporting period are observed when preparing reports; complete coincidence of the data of synthetic accounting and analytical accounting, as well as indicators of reports and balance sheets with the data of synthetic and analytical accounting; recording of business transactions in accounting only on – 92 – Тенденции развития науки и образования the basis of properly executed supporting documents; correct assessment of balance sheet items. The quality of the information contained in the financial statements is of concern to the heads of organizations who are interested in having all the necessary information that really reflects the economic conditions of the company's functioning, in order to make competent and effective management decisions