SPECIAL ASPECTS OF EQUITY CAPITAL REPORT COMPILATION BY BUDGET FUNDS MANAGERS
Journal Title: The Institute of Accounting, Control, and Analysis in the Globalization Circumstances - Year 2017, Vol 2, Issue 3
Abstract
Introduction. Budget accounting in Ukraine is at the stage of active reformation, which is logical in the context of public sector methodological basis of accounting and reporting further updating. The main task of reformation is the generalization of reliable information on the appropriate use of budget funds, which is reflected in the financial reporting forms. Methods. The author created the data basis of original financial reports and reports on equity capital of budget funds managers during 2017 to provide the informative basis of empirical research studies. The data source on the condition of normative regulation of reports on equity capital of budget funds managers in Ukraine was the data basis of legislative acts of Verkhovna Rada of Ukraine. Research methodology is based on theoretical insights into the problem and scientific instrumentation that contained the critical content-analysis of financial reports on equity capital of budget funds managers in Ukraine, comparative analysis of normative documents of Ukrainian legislative acts and their generalization. Results. The article summarizes the essence and components of budgetary funds managers equity. The content of the report on the equity is defined: paid-in capital, capital in surplus, financial result, capital in enterprises and target financing. The features and procedure for compiling the statement of equity are defined. Discussion. In the context of the public sector accounting and reporting reformation and the development of its methodological basis, the further research of special features of financial reporting forms is required, in particular in the statement of equity.
Authors and Affiliations
Tatiana Larikova
Keywords
Related Articles
- EP ID EP322786
- DOI -
- Views 138
- Downloads 0
CAPITAL AS A SUBJECT OF ACCOUNTING ACCOUNT: HISTORICAL DEVELOPMENT OF VIEWS AND EVOLUTION OF THE SCIENTIFIC OPINION
Introduction. Effective and rational management of enterprise capital in economies of any type is impossible without objective, comprehensive and formalized accounting and reporting information. Taking into consideration...
FORMATION OF EFFECTIVE SYSTEM OF AGRICULTURAL ENTERPRISES’ INTERNAL CONTROL
Introduction. Under the market conditions enterprises have different strategic and local objectives of their activities, which vary from time to time. However, only the effective system of internal control can provide re...
CONCEPTUAL PRINCIPLES OF THE REFLECTION OF LAND RESORUCES IN THE ACCOUNTING OF AGRICULTURAL ENTERPRISES
Introduction. Land resources are of utmost importance among all natural resources currently discovered and available. At this point, land is one of the most important means of production and commercial activities. Depend...
ENTERPRISE ACCOUNTING ON OPERATIONS OF ENTERPRISE UNITS OUTSIDE THE CUSTOM TERRITORY OF UKRAINE
Introduction. Intensive international integration of economic connections and development of companies with a foreign capital assist expansion of foreign economic activity of local enterprises. It requires the formation...
ENTERPRISE’S CASH FLOWS: COMPREHENSIVE ANALYSIS ACCORDING TO THE FINANCIAL STATEMENTS
Introduction. The analysis of the enterprise’s cash flow statement is invaluable for external users (owners, investors, lenders, partners) as a reason to substantiate the investment and financial decisions, evidence of t...