Formation of Accounting Policy of Enterprise on the Expenditure and Revenue
Journal Title: Бізнес Інформ - Year 2015, Vol 8, Issue 0
Abstract
The article is aimed to define the features of formation of the document on accounting policy, which determines organization of an accounting-analytical system and includes the issue of managerial accounting of enterprise, given the nature of its activities. It has been proven that small (and in some cases medium-size, too) enterprises need to establish accounting policy on the base of an order by director or a disposal by the owner. As for large enterprises, it has been suggested to use the elaborated «Regulation on accounting policy, organization of both accounting and analysis» together with selection of the document defining the organization of managerial accounting - «Regulation on internal (managerial) accounting». With a view to providing full, reliable and timely information for management needs as well as optimizing the process of preparing a document on accounting policy, the author has proposed that its formation is carried out through the following phases: organizational-technical, methodological and summarizing. This will ensure a uniform approach to organization and methodology for accounting of expenditure and revenue, providing the timely, accurate and complete information about them to the staff on all levels and to make effective management decisions.
Authors and Affiliations
Nataliya Gurina
Keywords
Related Articles
- EP ID EP127757
- DOI -
- Views 95
- Downloads 0
Problems and Development Prospects for a Contemporary Hotel Business in the Ternopil Region
The article considers topical issues of the development of hospitality industry in the Ternopil region. The basic tendencies of collective accommodation facilities have been examined as an important component of the tour...
Social Reproduction in the Global Economy: Key Determinants of Transformation
The article is aimed to study the new characteristics of social reproduction as a result of the influence of globalization processes. The article analyzes the current process of social reproduction, its differences from...
Diagnostics of Enterprise in the Areas of Vocational Education, Employment Activity and Motivation, Innovative Labor and Social Development
In the article a system of the enterprise's diagnostics in the areas of vocational education, employment activity and motivation, innovative labor and social development has been created, bearing in mind the responsibili...
Managing Behaviour of Retail Trade Consumers
The article is devoted to the problem of management of behaviour of retail trade consumers. It shows importance of this topic at the stage of market changes in economic and social spheres. Generalising theoretical provis...
The Information-Analytical Provision of the Public Financial Management in Ukraine
The article is aimed at studying the information-analytical provision of the public finance management in Ukraine. Analyzing the scientific works of numerous scientists, essence of the concept of «management of public fi...