The Theoretical Validity of Goodwill Accounting

Auditor ◽  
2021 ◽  
Vol 7 (9) ◽  
pp. 50-54
Author(s):  
N. Mislavskaya
Keyword(s):  
Interdisciplinary Approach ◽  
Financial Statements ◽  
Theory And Practice ◽  
Corporate Management ◽  
Accounting Practice ◽  
Scientific Approach ◽  
Economic Nature

The article analyzes the modern accounting practice of reflecting goodwill in the system of accounting accounts. As a scientific approach to solving this problem, the author uses an interdisciplinary approach, within which various aspects are used as a toolkit for solving the indicated problem. Based on the results of research on the theory and practice of corporate management, the author comes to the conclusion that the interpretation of the economic nature of goodwill is ambiguous, and, as a consequence, of its incorrect accounting. The identification and recognition of goodwill in the accounting (financial) statements as an asset is questioned.

Conceptual principles: Contractual obligations and liabilities as items of financial reporting

2020 ◽  
Vol 23 (7) ◽  
pp. 726-741
Author(s):  
V.S. Plotnikov ◽  
S.S. Kanapinova
Keyword(s):  
Financial Reporting ◽  
Institutional Economics ◽  
Balance Sheet ◽  
Financial Statements ◽  
Theory And Practice ◽  
Integrated Reporting ◽  
Economic Resource ◽  
Accounting Practice ◽  
Business Operations ◽  
Contractual Obligations

Subject. The article provides a rationale for reporting obligations and liabilities in accounting records as economic phenomena of entity's business operations and items of financial reporting. Objectives. We explain how the substance of obligations and liabilities is defined in accounting, implying that the economic phenomena should be recognized in financial statements more completely. The study is to unveil the substance of obligations and liabilities so as to harmonize the regulatory and positive economy in the accounting process. We determine their purpose as part of accounts when they are aggregated into the balance sheet. Methods. We determined promising lines of the accounting theory and practice by analyzing the institutional economics, Conceptual Framework for the Financial Reporting, Integrated Reporting Concept that amplified the scope of accounting, since they recognize economic phenomena of business operations, such as obligations and liabilities. Results. Contractual obligations should be considered as a consequence of obligations that an entity has due to part events. The substance of the contractual obligations depend on the economic resource to be transferred in the future. Contractual obligations should be entered into accounting records and measured as of the signing date of the contract. The economic substance of the contractual obligations significantly differs from the accounting view of accounts receivable and payable. Conclusions and Relevance. We believe it is necessary and possible to develop the accounting practice by introducing new economic phenomena, such as obligations and liabilities. They help change the retrospective format of the information as new items get added.

Approaches to Dance (1): Influences

2010 ◽  
Vol 28 (1) ◽  
pp. 1-5
Author(s):  
Mark Franko
Keyword(s):  
Graduate Education ◽  
Interdisciplinary Approach ◽  
Theory And Practice ◽  
Columbia University ◽  
Dance Company ◽  
Professional Dance

This is an autobiographical account of the intellectual and artistic influences on the work of Mark Franko. It touches on his professional dance career with the Paul Sanasardo Dance Company and his choreographic career with his own company NovAntiqua, his graduate education at Columbia University, and the development of an interdisciplinary approach to theory and practice that blends the activities of the dance scholar with those of the dancer-choreographer.

Determinants of Financial Disclosure

Auditor ◽  
2021 ◽  
Vol 7 (11) ◽  
pp. 38-42
Author(s):  
N. Mislavskaya
Keyword(s):  
Financial Reporting ◽  
Social Democracy ◽  
Professional Community ◽  
Financial Statements ◽  
Financial Disclosure ◽  
Accounting Practice ◽  
Western European ◽  
The Relationship

The article examines the issues of the dependence of the composition of the accounting (financial) reporting forms, prepared based on the results of the accounting process, on the theoretical views prevailing in scientific circles and in society as a whole. The author analyzes the main provisions of Western liberalism, conservatism, Western European social democracy and draws corresponding parallels, reveals the relationship with those elements that make up financial statements. According to the results of the study, the author claims that the domestic professional community is on the verge of another wave of reforming accounting knowledge and accounting practice.

Theory and practice of analysis of financial statements of organizations

2021 ◽  
Author(s):  
Natal'ya Parushina ◽  
Oksana Gubina ◽  
Vitaliy Gubin ◽  
Inna Butenko ◽  
Natal'ya Suchkova ◽  
...  
Keyword(s):  
Higher Education ◽  
Graduate Students ◽  
Financial Services ◽  
Financial Statements ◽  
Theory And Practice ◽  
Financial Accounting ◽  
Federal State ◽  
Educational Standards ◽  
Universities And Colleges ◽  
Regulatory Documents

The textbook discusses the theoretical and practical aspects of the analysis of financial statements of organizations in various fields of activity. The theory and practice of the analysis of reporting forms are based on the use of modern regulatory documents in the field of accounting and tax accounting, auditing, statistics. The textbook reflects the features of the analysis of financial, accounting, tax, statistical reporting of organizations based on the use of a system of analytical indicators and the interconnection of reporting forms. Examples of execution of analytical documents of the economist-analyst are given, which allow to visualize the process of conducting and summarizing the results of the analysis of reporting indicators in organizations of various types of activity. Meets the requirements of the federal state educational standards of higher education of the latest generation and includes a course of lectures, discussion questions, tests, practical situations and tasks. For undergraduate and graduate students, graduate students, teachers of economic universities and colleges, auditors, accountants, economists, employees of tax, statistical and financial services.

USE OF INTERDISCIPLINARITY AS AN INNOVATIVE APPROACH IN THE EDUCATIONAL PROCESS OF ART INSTITUTIONS OF HIGHER EDUCATION

2021 ◽  
Vol 1 (195) ◽  
pp. 18-22
Author(s):  
Hanna Karas ◽  
Keyword(s):  
Higher Education ◽  
Professional Development ◽  
Professional Growth ◽  
Interdisciplinary Approach ◽  
Educational Process ◽  
Theory And Practice ◽  
Innovative Approach ◽  
Institutions Of Higher Education ◽  
Interdisciplinary Field ◽  
Artistic Styles

The article is devoted to the use of interdisciplinarity as an innovative approach in the educational process of art institutions of higher education on the example of studying the discipline «Evolution of artistic styles in art» included in educational master's programs. This discipline is based on the theory and practice of professional development of a teacher-musician, who provides the Master of Arts education process, shapes their professional development necessary for their future musical and pedagogical creativity, skills, and pedagogical culture. The content of the discipline consists of the introduction of artistic styles’ scientific and theoretical fundamentals to the future specialists. The objectives of the course are 1) the theoretical generalization of the historical experience of the evolution of artistic styles, 2) acquaintance with the best examples of artistic culture, representing different styles and directions, 3) mastering complex problems of stylistic analysis. The aim of the course is the establishment of a strategy for a professional growth as part of the vocational training of masters in the following educational areas «Secondary education. Musical Art» and «Musical Art»; mastering the scientific and theoretical foundations of the artistic styles’ analysis as a formative student course of the music and pedagogical education in higher education. The interdisciplinary approach can be implemented in two main formats. A. Kolot believes that with the help of the first format he builds bridges between different sciences, brings them together on an informal basis without violating their individuality and uniqueness. In this format, the discipline «Evolution of artistic styles in art» «builds bridges» with such disciplines as: philosophy, history, foreign languages, general psychology, culturology, sociology, art culture, aesthetics. In the second format, interdisciplinarity is presented as a real tool for unifying sciences, and the emergence of integrative products. In this format the course «Evolution of Artistic Styles in Art» involves an organic combination of such disciplines as history and theory of music, theater, ballet, art history, philosophy, art culture and literature, analysis of musical form, choral class, music psychology, and others. Therefore, we propose to define the student course «Evolution of artistic styles in art» as a complex, interdisciplinary field of knowledge and consider the application of an interdisciplinary approach in the practice of a teacher of artistic institutions.

Assessing Business Zakat At Pusat Zakat Selangor: Between Theory and Practice

2003 ◽  
Vol 1 (1) ◽  
pp. 33-48 ◽  
Author(s):  
Rashidah Abdul Rahman ◽  
Rohila Awang
Keyword(s):  
Financial Statements ◽  
Theory And Practice ◽  
Islamic Philosophy ◽  
Wealth Transfer ◽  
Historical Cost ◽  
Current Value ◽  
Continuous Use ◽  
Value Measurement

The main objective of this study is to determine the value measurement used by zakat collection centres, particularly Pusat Zakat Selangor (PZS), in measuring business zakat among companies owned by Muslims in Selangor territory. The study found that PZS assessed zakat from companies financial statements based on historical cost, and not current value as hypothesised by previous researchers. The continuous use of historical cost may lead to negative wealth transfer for zakat beneficiaries particularly in time of rising prices. Even though certain adjustments are made to the assessment, however the purpose of such adjustment is merely to reflect the Islamic philosophy of the implementation of halal and haram as well as different views of Islamic Accounting and Conventional Accounting in recognising income and expenses.

scholarly journals Virtual laboratories as strategy for teaching improvement in Math Sciences and Engineering in Bolivia

2021 ◽  
Vol 14 (2) ◽  
pp. 187-196
Author(s):  
Francisco Javier Triveno Vargas ◽  
Hugo Siles Alvarado
Keyword(s):  
Differential Equations ◽  
Programming Languages ◽  
Stem Education ◽  
Degrees Of Freedom ◽  
Classical Problem ◽  
Interdisciplinary Approach ◽  
Theory And Practice ◽  
Relevant Today ◽  
Virtual Laboratories ◽  
And Mathematics

STEM education is a strategy based on four disciplines (science, technology, engineering and mathematics), integrated in an innovative interdisciplinary approach. Although, the concept of STEM education is more relevant today, the discussion of a teaching model with special attention in the four subjects aforementioned began in the early 2000s. Taking into account this context, the strategy presented in this paper has been disseminated in Bolivia’s main universities for the last five years. A country that has not yet managed to associate basic disciplines such as calculus, matrix algebra, and/or differential equations to solve problems of an applicative nature, that is, to establish the link between theory and practice. To establish the connection, it is necessary to deduce differential equations associated with practical problems; solve these equations with numerical methods, appeal to the simulation concept to later introduce programming languages like Python/VPython to build virtual laboratories. The classical problem addressed for this purpose is the satellite of two degrees of freedom.

scholarly journals Relevance of financial reporting quality - Theory and practice in Vietnamese enterprises

2017 ◽  
Vol 1 (Q2) ◽  
pp. 119-128
Author(s):  
Thuan Quoc Pham
Keyword(s):  
Conceptual Framework ◽  
Financial Reporting ◽  
Accounting Standards ◽  
Reporting Quality ◽  
Professional Associations ◽  
Financial Statements ◽  
Theory And Practice ◽  
Financial Information ◽  
Financial Reporting Quality

Financial reporting quality is one the most interesting topics which draw a great deal of attention to researchers and scientists in the field of accounting (Céline Michailesco, 2010). In the review of research on financial information from 1980 to 2016, Pham (2016) found that characteristics of useful financial information are relatively diverse with as many as 15 attributes being identified. In addition, he also found that all research in any period has employed the characteristics published by professional associations such as American Institute of Accountants, Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB as theoretical basis. Research on the quality of financial information is diverse yet have many things in common, above all is the Relevance characteristic which considered to be the basic qualitative component of the quality of financial information in financial statements. Conceptual Framework officially issued by FASB & IASB in 2010 (FASB & IASB 2010) has further confirmed Relevance is the basic quality component of financial information. Compared with previous announcements, there has been a considerable change in the criteria and attributes used to evaluate the appropriateness of Relevance characteristic of financial information in financial statements. This study aims at confirming the importance of the Relevance component in evaluating the quality of financial information, clarifyingg the characteristics of Relevance measurement before and after Conceptual Framework 2010 and constructing relevant scales as well as measuring the qualitative characteristic of Relevance among enterprises in Vietnam.

Interdisciplinary approach to research methods in educational theory

2021 ◽  
Vol 91 (1) ◽  
pp. 30-43
Author(s):  
Irina D. Demakova ◽  
◽  
Inna Yu. Shustova
Keyword(s):  
Research Methods ◽  
Scientific Information ◽  
Interdisciplinary Approach ◽  
Theory And Practice ◽  
Humanistic Psychology ◽  
Modern Theory ◽  
Theory Of Education ◽  
Research Activities ◽  
Developing System

he article presents an interdisciplinary view of research methods in the theory of education. The development of issues in the theory of education presupposes a clear organization of research activities, in which a key role is played by rethinking and adequate using of research methods from related sciences (psychology, sociology, physiology, cultural studies, and others). Modern theory and practice of education are changing as a result of the integration of knowledge of related humanities. More and more complex and complex problems arise. All in all it necessitates rethinking the methodology of the theory of education. Currently, it is necessary to conduct research activities at the intersection of sciences, which improves the quality of research and allows more holistic use of the results obtained in practice. The article reveals significant principles that determine the methodology of the modern theory of upbringing - the principle of humanitarianism and social expediency of the upbringing process, the principle of the unity of the theory and practice of upbringing, the principle of development, the principle of consistency and determination. Authors highlight the significant interdisciplinary scientific approaches that are relevant to substantiate research methods in the modern theory of education. The basis for the selection of methods was grounded by such disciplines that allow us to consider various aspects of the educational activities of a teacher, enrich the researcher with scientific information about a person and the mechanisms of his personal dynamics (existential philosophy), about the creation of a flexible, open dialogue space in which zones of self-organization of children are provided (synergetics), on the art of deciphering verbal and non-verbal signs of a child (semiotics), on the awareness of the child's path as reaching the heights through difficulties and overcoming (acmeology), on understanding the child through comprehending the meanings of children's behavior (hermeneutics), on the interpretation of the personality as an integral open multilevel developing system capable of withstanding external influences (humanistic psychology). In conclusion, the authors note the importance of a new pedagogical direction - semantic pedagogy, which can be considered as the basis for the integration of humanitarian knowledge, which is essential for modern theory.

EQUITY CAPITAL: PROBLEMS OF THEORY AND PRACTICE OF ACCOUNTING

2021 ◽  
Vol 2 (2) ◽  
pp. 78-82
Author(s):  
Kh. Sh. NURMUKHAMEDOVA ◽  
Keyword(s):  
Financial Statements ◽  
Equity Capital ◽  
Theory And Practice ◽  
Methodological Problems

This article is devoted to the theoretical and methodological problems of compiling information on the organization's equity capital and its reflection in the financial statements.

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