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 154
- Downloads 0
SUSTAINABILITY ACCOUNTING AS A NEW FORM OF ACCOUNTING AND ANALYTICAL SUPPORT
Introduction. The theme of sustainable development first appeared and began actively discussed in 70-80th years of twentieth century. Sustainable development of the international community and specifically of each countr...
STRUCTURE OF ACCOUNTING IN THE KNOWLEDGE ECONOMY
Introducsion. The relevance of taking into account the structure of the problem is due to contradictions between the limited stereotypical information resources, which traditionally supplies «accounting» accounting and m...
STRATEGIC ACCOUNTING-ANALYTICAL SYSTEM OF AGRICULTURAL ENTERPRISES: REQUIREMENTS, USERS, SUBJECTS OF INFORMATION GENERATION
Introduction. Consolidation of the latest results of scientific and practical research in the field of accounting and analysis states expediency of building of mutually coordinated system of accounting and analytical sup...
METHODICAL APPROACHES TO ANALYSIS INCOME AND EXPENDITURE BY BUDGET FUNDS MANAGERS
Introduction. The reforming of the public sector accounting requires the examination of new methodological approaches to analyzing budget administrators’ incomes and expenditures; developing analytical information to for...
RESEARCH ON ACTUALITY OF UP-TO-DATE ACCOUNTING PARADIGM
Introduction. Society and business can’t exist without accounting system, which contains the information about financial and business activities at the microeconomic level and transforms it into useful knowledge in enter...