CONCEPTUAL FOUNDATIONS AS A METHODOLOGICAL BASIS Of BUSINESS ENTITIES FINANCIAL STATEMENTS FORMATION AND ANALYSIS
Journal Title: The Institute of Accounting, Control, and Analysis in the Globalization Circumstances - Year 2016, Vol 2, Issue 2
Abstract
Introduction. The article revised financial reporting framework, including the concept of equity as the basis of national accounting standards and methodology formation and interpretation of indicators of financial reporting in Ukraine. Methods. For this purpose we applied research methods, analytical, dialectical method of knowledge; monographic method, generalization in monitoring the position of scientists on the definition of economic and accounting concepts "concept", "capital", "accounting model"; abstract logical method for theoretical generalizations and drawing conclusions. Results. The content has been characterized and disclosed, purpose financial reporting framework clarified its role as a methodological guide. The essence of the concepts of capital, financial and physical capital in the context of financial reporting was grounded, the problem of analytical interpretation of indicators of financial statements by various groups was analyzed. Prospects. Prospects for further research directed to study and introduced the international experience of formation and interpretation of financial statements and performance justify the harmonization of national standards by updating financial reporting framework.
Authors and Affiliations
Galina Iamborko
Keywords
Related Articles
- EP ID EP185433
- DOI -
- Views 152
- Downloads 0
ECONOMIC ANALYSIS PECULIARITIES of PAYABLES
Introduction. Share of payables in the structure of enterprise liabilities is actively growing today. Therefore the problem of credible accounts payable and its economic analysis require a separate study. Due to the grow...
TAX INCENTIVES OF BANKING ACTIVITIES ECONOMIC GROWTH
Introduction. Taxes are the most effective tool for regulating economic processes. State regulation of the economy using fiscal instruments should be aimed at ensuring and maintaining sustainable economic growth, efficie...
PECULIARITIES OF ANALYSIS OF CURRENT ASSETS AT THE MACRO LEVEL IN THE PRESENT CONDITIONS
In an unstable economy, timely provision of raw materials, materials, high quality, in the required volume, at an affordable price, and so on, is an important point for the continuous production process. All of these poi...
PROVIDING AS A BUILDING ENTERPRISE RISK MANAGEMENT POLICY INSTRUMENT
Introduction. The management of the economical risks of economic entities is a system of purposeful influence on them, which avoids, reduces or minimizes the negative effects of high-income households. The construction i...
WORKING DOCUMENTS OF NON-CURRENT ASSETS INTERNAL CONTROL TRANSACTIONS: APPLIED ASPECTS
Introduction. Control in general, and particularly domestic, occupies an important place in the management system. It is and still is the object of attention in the research of many scientists. However, documentation fil...