scholarly journals ORGANIZATION ASPECTS OF THE INTEGRATED REPORTING FORMATION

2021 ◽  
Vol 5 (40) ◽  
pp. 110-119
Author(s):  
М. Prodanchuk ◽  
M. Tripak ◽  
L. Hutsalenko ◽  
L. Myskiv ◽  
N. Shevchuk
Keyword(s):  
Information Needs ◽  
High Efficiency ◽  
Methodological Approach ◽  
Jel Classification ◽  
Accounting System ◽  
Integrated Reporting ◽  
The Sustainable Development ◽  
Scientific Methods ◽  
Practical Activity ◽  
Theoretical Generalization

Abstract. Research is aimed at developing theoretical and methodological provisions and creating practical recommendations for the organization of the integrated reporting formation, taking into account the analytical indicators in conditions of growing information needs of users. Main principles and provisions of modern economic theory, theory of accounting and economic analysis, scientific research of domestic and foreign scientists on problems of organization of integrated reporting are the theoretical and methodological basis of the research. General scientific methods were used: deduction and induction, synthesis and analysis, formalization and detailing, comparison and analogy, the method of theoretical generalization to gain the aim of the work and to solve the certain tasks. The result of the research is the development of a scientific and methodological approach for the implementation of integrated reporting in the practical activity of the enterprise. The organization of the integrated report formation will provide the solid background for the business in the form of complex integrated financing and non-financing indicators of the enterprise, which will define the main tools, methods, procedures, observance of basic and additional principles of formation of the system of accounting and analytical information. The mechanism of the organization of the integrated reporting formation as scientific and methodological approach is developed for the implementation of the integrated reporting in the practical activity of the enterprise, which consists of organization stages: the organization of the economic processes of the integrated accounting system; the organization of the accounting support of the integrated reporting formation; the organization of integrated reporting formation. The implementation of proposals in the practical activity of the enterprise will allow: publication of the integrated reporting with the responsibility for the completeness and accuracy of the information on the «Unified portal of integrated reporting of the enterprises and organizations of Ukraine», which will be the background of the sustainable development of business and national economy, social and ecological security of the country. The well-designed mechanism will ensure high efficiency indicators and results of the subjects and protect stakeholders from the risks of obtaining inaccurate or incomplete information or not receiving it at all. Keywords: integrated reporting, organization of the integrated reporting formation, financial and non-financial information, social responsibility of business. JEL Classification O3, Q43, P5 Formulas: 0; fig.: 3; tabl.: 1; bibl.: 15.

The Writing, Observing and Getting Approach dalam Menciptakan Keunggulan Kompetitif Praktik Akuntansi Berbasis Excel for Accounting

2015 ◽  
Vol 2 (02) ◽  
pp. 181-192
Author(s):  
Riski Aprilia Nita ◽  
Nurmala Ahmar
Keyword(s):  
Information System ◽  
Information Needs ◽  
Jel Classification ◽  
Simple Approach ◽  
Accounting System ◽  
Business Activity ◽  
Recording Process ◽  
The World ◽  
Manual Recording ◽  
Accounting Graduates

A B S T R A C T In line with the development of accounting as an information system and the diversity of stakeholder information needs of the company makes accounting graduates are no longer viewed as an accountant who carry out manual recording process, but are required to be able to apply software designed to transform data into information that is useful in the world of work. Subjects accounting practices that integrate basic accounting and information systems also keep the demand for courses can be penciri competitive advantage that can accommodate students in understanding the business activity within an organization. In achieving these advantages is explained through a simple approach to understand the accounting cycle companies where students are expected to have the skills journaling (writing), carry out the analysis of the transaction (observing) and gain (getting) skills in applying accounting system-based computer using an application program based accounting Excel (Excel for Accounting). A B S T R A K Sejalan dengan perkembangan akuntansi sebagai suatu sistem informasi dan keberagaman kebutuhan informasi stakeholder perusahaan menjadikan lulusan akuntansi tidak lagi dipandang sebagai akuntan yang melaksanakan proses pencatatan manual, namun dituntut untuk dapat mengaplikasikan perangkat lunak yang dirancang untuk mentransformasi data menjadi informasi yang berguna dalam dunia kerja. Mata kuliah praktik akuntansi yang mengintegrasikan akuntansi dasar dan sistem informasi turut mengikuti tuntutan tersebut untuk dapat menjadi mata kuliah penciri yang dapat mengakomodasi keunggulan kompetitif mahasiswa dalam memahami aktivitas bisnis dalam suatu organisasi. Dalam mencapai keunggulan tersebut dijelaskan melalui pendekatan sederhana untuk memahami siklus akuntansi perusahaan dimana mahasiswa diharapkan memiliki keterampilan menjurnal (writing), melaksanakan analisis transaksi (observing) dan mendapatkan (getting) ketrampilan dalam mengaplikasikan sistem akuntansi berbasis komputer menggunakan program aplikasi akuntansi berbasis Excel (Excel for Accounting). JEL Classification: I20, L86

scholarly journals Prerequisites for integrated reporting development

2019 ◽  
pp. 116-126
Author(s):  
Nataliіa Shevchuk
Keyword(s):  
Financial Reporting ◽  
Rational Expectations ◽  
Information Needs ◽  
Comprehensive Evaluation ◽  
Regulatory System ◽  
Financial Statements ◽  
Economic Research ◽  
Accounting System ◽  
Integrated Reporting ◽  
Economic Relations

The article provides an analytical review of the accounting literature and other scientific sources, which allowed highlighting the main stages of the development of financial statements, determining the historical and practical prerequisites for the formation of integrated reporting and outlining the basic requirements for information reporting capabilities. The purpose of the study is the conceptual understanding of the integrated reporting evolvement. General scientific and special economic research methods, such as dialectical and abstract and logical ones are used to systematize available theoretical material to reveal the element of accounting method. Methods of theoretical generalization, analysis and synthesis have been applied to comprehensive evaluation of the stages of financial reporting development. According to the results of the study, significant influence on the development of the integrated model of accounting has led to the development of economic relations, legal foundations of the functioning of the economy, information needs, the evolution of economic theories: new institutional, evolutionary, theory of rational expectations, theory of exhaustive resources, theory of human capital and the application of these theories to management systems. The main problems of the existing financial statements in accordance with the informational expectations of the stakeholders are identified and substantiated. Formation of new approaches to the development of accounting integrated reporting in Ukraine on the basis of consideration the national peculiarities of accounting system of the current regulatory system requires further study. The study of the formation of integrated reporting in the world economy, international initiatives in the field of integrated reporting, in order to implement the best world practices in Ukraine are pivotal.

scholarly journals ACCOUNTING RECORDS: PAST AND PRESENT

2019 ◽  
pp. 88-99
Author(s):  
Lubov KOVAL
Keyword(s):  
Information Needs ◽  
Scientific Basis ◽  
Economic Life ◽  
Ancient World ◽  
Future Research ◽  
Accounting System ◽  
Practical Activity ◽  
Business Operations ◽  
The Right ◽  
Double Entry

The degree of development of science is determined by the level of studying its history. This is also applicable to such an important element of the accounting method as recording. Since ancient times, registration of facts of economic life in accounts has been carried out. Initially, there was a practical activity (accounting), connected directly with keeping records on accounts and their display in corresponding books. Only later on the basis of accounting appeared scientific developments and accounting began to emerge as a set of theoretical knowledge. The profession of accountant has historical origins and has emerged as a practical activity, so the scientific basis of accounting requires further development and understanding. The reflection of business operations is carried out in a large number of accounts. Depending on the objects of the accounting, the information is displayed only on the basis of homogeneous business operations, so in practice it is necessary to know the content, function and purpose of each account and understand what information to account for. This contributes to: the application of common approaches to the reflection of economic transactions in the practical activities of public sector entities; obtaining the necessary indicators for monitoring and analysis; making the right managerial decisions. The purpose of the article is to study the historical periodization of the use of accounts in the past and present. Accounting records are inextricably linked with the accounting itself. In this regard, the history of the emergence and development of the use of accounts is closely interconnected with the historical aspects of accounting as a science. The literature distinguishes four main periods of accounting development. Historical evidence indicates the existence in various countries of the ancient world of accounting the economic operations and their diverse nature and origin. So, there are evidence of that time of the emergence and application of a double entry, reflecting the arrival and departure of products and other tangible assets. In the Ancient World, accounting was based solely on facts, that is, it occupied a static position. The basis of static accounting is the direct registration of property and regular inventory. Direct registration required the indication of a particular object. Subsequently, there was an indirect registration, which included the use of data from the "primary documents" to fix the object. Thus, accountants began to use supporting documents that formed the basis of the present primary. Understanding the economic content of an account and the correctness of its use is the basis of accounting. Therefore, it is very important to classify accounts on various grounds. Classification is reduced not only to the ordering of a fixed set of accounts, but consists in the construction of an accounting system based on the study of processes that comprise the activities of economic agents, the analysis of information needs for their display and the identification of the possible obtaining of this information. Thus, the objective of classification of synthetic accounts depends not only on the reliability of the reflection in accounting for the links between objects that change as a result of economic facts, but also the organization of analytical accounting. Nobody knows the creator of accounting science. The origin of the double entry is traced from the 13th-14th centuries in some parts of northern Italy. At the same time, the historical preconditions for the emergence of a double entry system in the cities of Italy were outlined in the writings of the famous American scholar A.Ch. Littleton. Double accounting began to be recognized in Europe. According to historical data, Luka Pacioli made the first systematization of accounting. The scientist first collected and systematized certain information used by merchants of that time while conducting their trading accounts and records. Along with double accounting, there existed a doctrine of other systems, including triple accounting. This condition has increased the attention of scholars to the development of business accounting as a science. So, we can talk about a certain similarity of the Ukrainian national accounting model, and the German school, which has made a significant contribution to the development of world accounting. In general, considering the way that accounting passed from the time of his birth in antiquity, to the time when he became a science, it is necessary to note a certain cyclicity and subordination to the general laws of philosophy and historical social development, which is of great importance for future research in the field of accounting. Consequently, the historical excursus in the development of accounting and book-keeping provides an opportunity to assert the interconnection of other sciences with accounting. It should be noted that accounting, as a practical activity, and accounting, as a science, are interrelated. Knowledge obtained in the study of other adjacent to the accounting sciences will contribute to the further research and construction of new accounting models. Studies in the field of accounting science will allow to significantly improve the existing accounting practice at enterprises and to raise the efficiency of their operation.

scholarly journals The Writing, Observing and Getting Approach dalam Menciptakan Keunggulan Kompetitif Praktik Akuntansi Berbasis Excel for Accounting

2015 ◽  
Vol 2 (02) ◽  
pp. 181-192
Author(s):  
Riski Aprilia Nita ◽  
Nurmala Ahmar
Keyword(s):  
Information System ◽  
Information Needs ◽  
Jel Classification ◽  
Simple Approach ◽  
Accounting System ◽  
Business Activity ◽  
Recording Process ◽  
The World ◽  
Manual Recording ◽  
Accounting Graduates

A B S T R A C T In line with the development of accounting as an information system and the diversity of stakeholder information needs of the company makes accounting graduates are no longer viewed as an accountant who carry out manual recording process, but are required to be able to apply software designed to transform data into information that is useful in the world of work. Subjects accounting practices that integrate basic accounting and information systems also keep the demand for courses can be penciri competitive advantage that can accommodate students in understanding the business activity within an organization. In achieving these advantages is explained through a simple approach to understand the accounting cycle companies where students are expected to have the skills journaling (writing), carry out the analysis of the transaction (observing) and gain (getting) skills in applying accounting system-based computer using an application program based accounting Excel (Excel for Accounting). A B S T R A K Sejalan dengan perkembangan akuntansi sebagai suatu sistem informasi dan keberagaman kebutuhan informasi stakeholder perusahaan menjadikan lulusan akuntansi tidak lagi dipandang sebagai akuntan yang melaksanakan proses pencatatan manual, namun dituntut untuk dapat mengaplikasikan perangkat lunak yang dirancang untuk mentransformasi data menjadi informasi yang berguna dalam dunia kerja. Mata kuliah praktik akuntansi yang mengintegrasikan akuntansi dasar dan sistem informasi turut mengikuti tuntutan tersebut untuk dapat menjadi mata kuliah penciri yang dapat mengakomodasi keunggulan kompetitif mahasiswa dalam memahami aktivitas bisnis dalam suatu organisasi. Dalam mencapai keunggulan tersebut dijelaskan melalui pendekatan sederhana untuk memahami siklus akuntansi perusahaan dimana mahasiswa diharapkan memiliki keterampilan menjurnal (writing), melaksanakan analisis transaksi (observing) dan mendapatkan (getting) ketrampilan dalam mengaplikasikan sistem akuntansi berbasis komputer menggunakan program aplikasi akuntansi berbasis Excel (Excel for Accounting). JEL Classification: I20, L86

Reporting of Enterprises in the Conditions of Sustainable Development: Current State, Problems, Prospects, Information Support

2021 ◽  
pp. 179-186
Author(s):  
Lesya Kononenko ◽  
◽  
Nataliia Sysolina ◽  
Olha Chumachenko ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Information Needs ◽  
Information Provision ◽  
Financial Statements ◽  
Information Support ◽  
Accounting System ◽  
Integrated Reporting ◽  
Advantages And Disadvantages ◽  
Stage Of Development ◽  
Main Components

The current stage in the development of mankind is characterized by low problems that cause serious concerns internationally. To solve them, a so-called "conception of sustainable development" was developed. Most scientists to the main components of sustainable development include respect and concern for the community; environmental dignity; social and economic justice; Democracy, non-violence and peace. One of the main components that ensure the implementation of the concept of sustainable development is its information provision, one of the sources of which is the financial statements formed in the accounting system. However, the modern stage of development is characterized by the discrepancy of information provision of financial statements of enterprises in the needs of users in this direction. This caused the birth of a new reporting paradigm. The emergence of a new reporting paradigm - integrated - is logical, since changes that have taken place over recent years in the institutional accounting environment must be taken into account by improving the accounting methodological apparatus. Integrated reporting makes it possible to combine in a single form of diverse information resources, which informs the adoption of optimal management decisions. In this case, transparency is achieved for all users of the enterprise, its advantages and disadvantages. It is the inability of the existing paradigm of accounting reporting to solve the issues that modern society puts forward to it, caused the need for a new one. The main prerequisite for its emergence was the position of international organizations on sustainable development of society as a single direction, which provides an opportunity to provide both modern and future generations. Integrated reporting is closely linked both with financial and non-financial, is the result of the evolution of the accounting system to ensure information needs of users, increasing the transparency of data, relevancy of the accounting information.

VALUE-SEMANTIC ECONOMY

ASJ. ◽  
2020 ◽  
Vol 1 (40) ◽  
pp. 53-57
Author(s):  
A.V. Kurbatov A.V., ◽  
L.A. Kurbatova
Keyword(s):  
Human Capital ◽  
High Efficiency ◽  
Human Capital Development ◽  
Capital Theory ◽  
The Sustainable Development ◽  
External Resources ◽  
Internal Resources ◽  
Value Determination ◽  
High Dynamics ◽  
Capital Development

The continuing build-up in the speed of deepening of the global economic crisis, driven by just as fast drop in quantity of the external resources calculated per inhabitant of our planet, forces us to refer to internal resources in order to prevent the irreversible losses, to overcome the crisis and ensure the sustainable development. Beginning from the second half of the 20-th century, the hopes for efficient deployment of internal resources have been laid on the development of the human-capital theory. However, despite the intensive change in perception of the very concept of "human capital" and a wide scope of innovative models of its practical application, aimed at bringing the economy out of stagnation, the desired outcome is not achieved. The trend of transferring of the bulk of investments to human capital, at the expense of the share of investments spent on increased production, has proved insufficient. The analysis of causes of ultra-high risks of investments in increase of human capital has helped to determine that the models, which are used currently, do not take into account some of the fundamental patterns, which ensure the high efficiency of investment in human capital. Most of the models are based on application of the methods of situational governance, which, at best, have a short-term positive effect. This trend results from the insufficient awareness of managers of the fundamental patterns of human capital development, which deprives the investors of the possibility to benefit from the optimal combination of the situational governance with relevant long-term programs, which can steadily increase human capital. The researches of the fundamental patterns of human capital development have shown, that the main factor for achieving the high efficiency of investment in human capital is the correct organization of the processes of value determination of the subjects of economic activity and the transition from the value determination to value-semantic determination, thus ensuring guaranteed attainment of goals along with high dynamics of resources. The work presented here is dedicated to the method of managing the quality of human capital, which is hereafter referred to as value-semantic economy.

Ефективність інноваційної діяльності харчової промисловості в системі цілей сталого розвитку країни

Ekonomika APK ◽  
2021 ◽  
Vol 319 (5) ◽  
pp. 46-56
Author(s):  
Olha Kovalenko ◽  
Liudmyla Yashchenko
Keyword(s):  
Sustainable Development ◽  
Capital Investment ◽  
Food Industry ◽  
Methodological Approach ◽  
Calculated Data ◽  
Weighted Average ◽  
Practical Significance ◽  
Educational Institutions ◽  
The Sustainable Development ◽  
Methodical Approach

The purpose of the article is to improve approaches to assessing the effectiveness of innovative activities of the food industry and its individual subsectors to identify prospects for development and problems that can hinder the sustainable development of this area of production and the country as a whole. Research methods. The article uses the methods of theoretical generalizations and comparisons, which made it possible to comprehensively consider and generalize methodological approaches to assessing the effectiveness of innovation in industries. When systematizing the calculated data by the intensity of innovation costs, the methods of statistical classification and grouping were used. To achieve the goal of the study, the methodology for assessing the level of manufacturability of industries has been improved (the OECD methodology is taken as a basis), which made it possible to re-evaluate the effectiveness of innovative activities in sub-sectors of the food industry with an emphasis on the computerization of production. Research results. The article presents a methodical approach to assessing the effectiveness of innovation in the food industry. The study is based on the OECD methodology for assessing the manufacturability of industries, which is to calculate the weighted average cost intensity of R & D. The application of this approach to the food industry has confirmed the too low level of its innovative manufacturability. It was found that due to the lack of relevant statistics on R&D expenditures, it is difficult to assess the effectiveness of innovation in certain sectors of the food industry. It is proposed to solve this problem with the help of capital investment indicators, which are invested in the software of industries and are directly related to the level of computerization of technological processes. The obtained indicators of the intensity of software costs are ranked in descending order and divided into three groups according to the level of computerization, which characterizes the efficiency of innovation, as its level increases profits and profitability in industries. This will contribute to the goals of sustainable development of the country (including goals 2 and 9) and increase the competitiveness of the food industry. Scientific novelty. A methodological approach to assessing the effectiveness of innovative activities of sub-sectors of the food industry in Ukraine is proposed, which will contribute to the formation of a new look at the research methodology of this area of knowledge. Practical significance. Designed for professionals in the field of food industry economics, scientists, teachers, graduate students and students of higher educational institutions. The results of the study can be used by experts to assess the level of manufacturability of industries. Tabl.: 3. Refs.: 30.

scholarly journals A practical model to implementing IFRS in the national accounting system: The case of Azerbaijan

2021 ◽  
Vol 8 (4) ◽  
pp. 585-598
Author(s):  
Akif Valiyev ◽  
Arif Huseynov ◽  
Nushaba Gadimli ◽  
Ilham Huseynov ◽  
Abasov Elmar
Keyword(s):  
Financial Reporting ◽  
Methodological Approach ◽  
Accounting Standards ◽  
Accounting System ◽  
National Accounting ◽  
Financial Reporting Standards ◽  
Accounting Practice ◽  
Consolidation Model ◽  
Practical Model ◽  
Questionnaire Method

The purpose of this article is to develop a methodological approach to substantiating the effective consolidation model of national accounting standards (NAS) with International Financial Reporting Standards (IFRS) for Azerbaijan. Using the questionnaire method, the advantages, and obstructions of IFRS implementation in Azerbaijan have been assessed, depending on the practicing models of consolidation of NAS and IFRS. Using fuzzy sets made it possible to determine the levels of development of advantages and obstructions associated with the introduction of IFRS into national accounting practice in Azerbaijan. We determined the most effective model of consolidation of NAS and IFRS for the enterprises of Azerbaijan. The effectiveness of implementing models for the consolidation of NAS and IFRS has been assessed to provide a balance between advantages and destructive factors in the implementation of IFRS.

scholarly journals IMPLEMENTATION OF THE PROVISIONS OF SUSTAINABLE DEVELOPMENT CONCEPT IN TERMS OF RENT THEORY DEVELOPMENT

2018 ◽  
Vol 9 (40) ◽  
pp. 73-86
Author(s):  
Sergii Bardash ◽  
Tetiana Osadcha
Keyword(s):  
Sustainable Development ◽  
Cost Estimation ◽  
Scientific Research ◽  
Theory And Practice ◽  
Information Support ◽  
Accounting System ◽  
The Sustainable Development ◽  
Economic Relations ◽  
Development Concept ◽  
Rent Theory

Research relevance lies in the irreversibility of course choice for embodiment of the sustainable development concept. However, a pluralism of opinions, concerning the implementation of model definition of this concept, as well as the priority tasks for realization of its constituents significantly decelerates the socio-economic development of Ukraine. An inadequate scientific research of the sustainable development problems on a microeconomic level generates the reduction of expected management results and the degree of progressive changes at the level of individual business units. The role and transformation of accounting science, necessary for the implementation of the sustainable development concept, are not fully disclosed. The research purpose and tasks are to determine the accounting component of sustainable development concept on the basis of the rent theory, to outline the directions of rent accounting development under the following factors influence: globalization and transformation of the ownership institution and scientific research activation on this basis, aimed at forming the theoretical and methodological baseline of rent accounting ‘as an additional income. The methodology of the research includes general scientific methods of cognition the necessity and invariant implementation of the sustainable development concept, its constituents allocation and specification; dialectical method for cognition the economic content of rent; a comparative analysis of the definition differences, formed at different stages and forms of realization of economic relations; modeling method for determining the direction and logic of the rent accounting development under the influence of such factors, as globalization and ownership institution transformation. It has been established that realization of sustainable development concept should take place with understanding of the interaction mechanisms of economic, social and environmental components. These generate new ideas about the basic socialization mechanisms and social development of human, external influences on the environment and cost estimation. The interconnection of the constituent of sustainable development concepts and the economic, social and ecological system as a whole is the basis for the theory and practice development of accounting. The accounting information creates preconditions for assessing the achievement and forecasting of further sustainable development of the economy as a separate economic entity, region, country, and the world as a whole. It has been established that the existence of discussion aspects in the treatment of rent and failure to recognize the last object of accounting should be considered as one of the essential factors in accelerating the implementation of the sustainable development concept. Bearing the results of research in mind, the development of a conceptual approach to rent accounting, as an additional entity income, should be based on the recognition the rent as a management object, that requires adequate information support for users’ requests from the accounting system side, based on the systematic development of the theoretical, methodological and organizational-practical regulations of rent accounting. The practical value of research is to formulate a methodological provision of rent accounting, which will further improve an active and passive income distribution of relation participants in the economic sphere.  The obtained scientific results will form the prospects for further research, which will lay in proving the need for the transformation of the property institute in the post-Soviet countries, to determine the models of rent relations between different parties in the field of economic relations, as well as to determine the rent-forming factors of production for the development of the rent assessing methodology.

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