REORIENTATION OF THE FINANCIAL STATEMENT IN THE SYSTEM «SUBJECT OF ACCOUNTING

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REORIENTATION OF THE FINANCIAL STATEMENT IN THE SYSTEM «SUBJECT OF ACCOUNTING – USER»

Journal Title: Проблеми системного підходу в економіці - Year 2017, Vol 2, Issue 58

Abstract

The value of financial statement not least of all is determined by a quality of information, which it contains. In practice, different users can understand and interpret the same information given in a statement differently. Perception is a complex psycho-physiological process that depends first of all on knowledge and experience of a person. Accuracy and meaningfulness of understanding by the user of the financial statement are directly influenced by his familiarity with initial data that lies in the basis of summarizing articles. Compliance with qualitative characteristics of relevance actually makes using universal approaches to the formation of reporting indicators impossible as they take into account neither features of users, nor specificity of conditions of development of each economic entity. Actually, a problem consists in the fact that the concept of relevance has a clearly expressed contextual and personal-psychological character, i.e. its influence depends both on concrete operating conditions and a user’s personality. An attention is paid to the fact that in any conditions, the rule is observed – any generalized information a priori no more reliable than the data on which it is formed, i.e. it is impossible to form a credible report based on the wrongful source information. Accordingly, the more there are operations with data after their primary processing, the higher the risk of misreporting of the end result. A value of comparison as one of the main methods of analysis decreases with the enlargement of comparing indicators. Data of synthetic accounting are less useful for the comparison rather than data of analytical one as it usually includes a considerable variety of heterogeneous objects of research and also can use unidentical methods of generalization. In our view, a user has to obtain accounting information by himself, in accordance with formed by him information requests, in that form and volumes that he requires, as well as with a sufficient level of detail and within the time limits, which will ensure the most efficient solution of managerial tasks. Technically, it can be achieved by creating Joint Accounting Data Storage wherein data will be exported from a subject of accounting and that will be able to provide information to authorized user taking into consideration the user’s previously formed request in the mode of online access. Let us forms three interrelated assertions concerning directions of development of financial statement for the short-term – «Concept 31»: The concept of interpellation user priority – if the main purpose of the statement is to provide the user with information with clearly determined qualitative characteristics, then requirements to the presentation format and volumes of such information should be determined by the user personally. The concept of individuality of user requests – as user requests are individual and depend on the user’s personal needs, a benefit of using standardized, unified accounting indicators is less than in the case of personified indicators. The concept of user initiative in the reporting data generation – the user should obtain information useful for problem-solving independently, by using specialized software, on the basis of available accounting data arrays formed by a subject of accounting.

Authors and Affiliations

O. S. Vysochan

Keywords

EP ID EP634381
DOI -
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