Open AccessFactors Influencing the Formation of Accounting Policies of Agricultural Enterprises
Author(s) -
Svitlana Syrtseva,
T. Izvoshchyk
Publication year - 2020
Publication title -
modern economics
Language(s) - English
Resource type - Journals
ISSN - 2521-6392
DOI - 10.31521/modecon.v24(2020)-28
Subject(s) - accounting information system , accounting , management accounting , business , project accounting , agriculture , agrarian society , positive accounting , cost accounting , accounting standard , national accounts , fund accounting , process (computing) , financial accounting , economics , ecology , computer science , biology , operating system
. At the domestic enterprises, in particular in the agrarian sector, in the conditions of development of modern economy questions of formation of accounting policy sharply arise. Accounting policy affects the final performance of the organization and the industry as a whole, allows you to generate reliable accounting information. Purpose. The purpose of the article is to determine the factors influencing the formation of accounting policies of agricultural enterprises and the development of their own proposals for the construction of accounting policies in accordance with international accounting principles. Results. The article considers the essence, content of the accounting policy of the enterprise. The main factors influencing the formation of accounting policies of agricultural enterprises are identified, as well as a structured list and grouping is proposed. It is substantiated that the selected internal and external factors are the only holistic system that ensures effective decision-making on the formation of accounting policies of the enterprise. It is established that the formation of accounting policies of agricultural enterprises in accordance with international accounting principles requires certain prerequisites, including the identification of factors influencing the choice and justification of accounting policies in accordance with international financial reporting standards. We have developed our own proposals for building a rational and effective system of formation of the accounting process in the transition to international accounting principles. Conclusions. Therefore, in the process of forming the accounting policy of agricultural enterprises it is necessary to take into account a group of internal and external factors that in one way or another affect its formation in the enterprise management system. In the absence of a single algorithm for the process of developing a comprehensive accounting policy for accounting, financial and management accounting and for tax purposes, taking into account IFRS, it is necessary to develop methodological approaches to the formation of a comprehensive accounting policy that allows to systematize and logically structure this process. and tax minimization and a number of other costs. Keywords: accounting policy; agricultural enterprise; accounting; internal factors; external factors.