Management aspects of a structured work plan of accounts
2021 ◽
pp. 172-184
For more than 100 years, the accounting community has been concerned about improving the accounting chart of accounts. The Belgian G. Blaikonosh in 1926 put forward the idea of creating a world chart of accounts, M. Aounas in 1929 at the International Congress of accountants in Barcelona developed this idea, and in 1964 in Vienna it was decided to create a single international chart of accounts. Most of the developed charts of accounts are based on the idea of two ways to decompose capital, i.e. determining the cost of capital in the form of net assets and frequent liabilities.
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