Open AccessACCOUNTІNG POLІCY AND ORGANІZATІON: ELEMENTS AND OBJECTS
Author(s) -
Lyudmila Kushnir,
O. V. Korkushko,
В.А. Кушнир
Publication year - 2021
Publication title -
priazovsʹkij ekonomìčnij vìsnik
Language(s) - English
Resource type - Journals
ISSN - 2522-4263
DOI - 10.32840/2522-4263/2021-3-26
Subject(s) - accounting information system , accounting , management accounting , mark to market accounting , cost accounting , business , throughput accounting , financial accounting , accounting management , accounting standard , national accounts , positive accounting , profit (economics) , economics , microeconomics
In the article is considered the problem of accounting policy of the enterprise, the organization of accounting, and the peculiarities of the impact on them of their objects and elements. The urgency of the study is due to the fact that functioning in the global economy as a business entity; each company must provide a state of its financial results and resources, in which it would stably retain the ability to continuously carry out its financial resources to its employees. Accounting policy is not only a set of methods for reporting, but also a tool for organizing and managing accounting in the enterprise. Along with highlighting the features of the accounting policy of a particular enterprise, it is recommended to use conventional accounting materials and workflow charts, job descriptions, automated accounting projects, plans for what will be the organization of accounting in this industry. At the same time, the use of constituent documents, which are devoted to the basic principles and structure of economic and organizational activities, which overlap with the organization of accounting and accounting policy, their objects and elements, has become important. Acquiring in market conditions not imaginary, but real financial independence, bearing real economic responsibility for efficiency of managing and for timely performance of financial obligations, the enterprises are capable to reach stability of the finances, only at strict observance among which principles, obtaining maximum profit at minimum cost and rationally organized accounting and accounting policy. This condition is decisive for the formation of the financial condition of the enterprise – a complex, integrated in many respects characteristics of the quality of its activities. The accounting policy of the enterprise regulates the method of accounting, and the organization of accounting provides for the organization of the accounting process and the work of the accounting staff. The accounting policy is prescribed by the order on the accounting policy of the enterprise, which contains a description of methodological principles, issues of technology and organization of accounting. The accounting policy of the enterprise contains a number of elements on which the result of financial activity depends. The objects of accounting policy in most cases coincide with the objects of accounting, the elements of accounting policy are alternative options for accounting of individual objects provided by regulations; accounting estimates include the amounts of financial statements that were calculated by the management of the enterprise, and are acceptable in accordance with the provisions of accounting for the impossibility of determining their exact values. In the article proposed the directions of influence of the elements of accounting policy in the formation of certain indicators at financial statements and financial results in order to make operational management decisions.