scholarly journals PROBLEMS OF DISCLOSURE OF INFORMATION ABOUT CASH IN THE FINANCIAL STATEMENTS

2021 ◽  
Author(s):  
Karina Tukila
Keyword(s):  
Financial Statements ◽  
Disclosure Of Information

Federal public finance accounting standard “Employee Payments”

2020 ◽  
pp. 5-10
Author(s):  
Olga Shinkareva
Keyword(s):  
Public Finance ◽  
Public Sector ◽  
Financial Reporting ◽  
Financial Statements ◽  
Employee Benefits ◽  
Reporting Standard ◽  
Accounting Standard ◽  
Disclosure Of Information

The article is devoted to the analysis of the Federal Accounting Standard of Public Finance “Payments to Personnel”, which will be applied in the conduct of accounting and reporting from January 1, 2021, including medical state and municipal institutions. The article considers the main provisions of this standard — peculiarities of recognition and evaluation of objects of personnel benefits accounting, termination of their recognition, as well as disclosure of information on objects of personnel benefits accounting in accounting financial statements. This standard is compared with the International Public Sector Financial Reporting Standard 39 “Employee Benefits”

scholarly journals УЧЕТНАЯ СОСТАВЛЯЮЩАЯ ФИНАНСОВЫХ РЕЗУЛЬТАТОВ ПРЕДПРИЯТИЙ ОБЩЕСТВЕННОГО ПИТАНИЯ

2020 ◽  
Author(s):  
A. Kazhmukhametova ◽  
G. Tussibayeva ◽  
B. Akimova ◽  
А.А. Кажмухаметова ◽  
Г.С. Тусибаева ◽  
...  
Keyword(s):  
Economic Activity ◽  
Financial Statements ◽  
The Other ◽  
Disclosure Of Information ◽  
New Type ◽  
Public Catering ◽  
The One ◽  
The Cost

Properly organized operational and accounting records are essential for controlling the formation of financial results. The article reveals a feature of the economic activity of public catering enterprises, which determines the features of accounting. On the one hand, it is intended to reflect the processes of production (cooking), and on the other - the processes of trade (sales). The costs associated with the sale of products and promotion of products on the market, both industrial and commercial enterprises are defined as the cost of circulation. The paper focuses on the classification and accounting of income and expenses in the field of nutrition. Attention is paid to a relatively new type of service as catering, which has been gaining momentum in recent years. The issue of synthetic and analytical accounting of financial results and disclosure of information in financial statements is discussed. Based on the results of the study, the authors recommended reasonable measures to increase profitability and improve accounting for financial results. Важное значение в контроле за формированием финансовых результатов имеет правильно организованный на предприятии их оперативный и бухгалтерский учет. В статье раскрыта особенность хозяйственной деятельности предприятий общественного питания, которая определяет особенности ведения бухгалтерского учета. С одной стороны, он призван отражать процессы производства (приготовление пищи), а с другой - процессы торговли (реализации). Расходы, связанные с реализацией продукции и продвижением на рынке произведенной продукции, и у промышленных, и у торговых предприятий определяют как издержки обращения. В работе акцентировано внимание на классификации, учете доходов и расходов в сфере питания. Уделено внимание сравнительно новому вид услуг как кейтеринг, который в последние годы набирает обороты. Обсужден вопрос синтетического и аналитического учета финансовых результатов, раскрытия информации в финансовй отчетности. По результатам исследования авторами рекомендованы обоснованные мероприятия по повышению доходност и совершенствованию учета финансовых результатов.

scholarly journals PENERAPAN PRINSIP PENGUNGKAPAN LENGKAP AKUN PIUTANG PERPAJAKAN PADA LAPORAN KEUANGAN PEMERINTAH PUSAT TA 2017-2019

2020 ◽  
Vol 15 (2) ◽  
pp. 125-152
Author(s):  
Imran Djunur
Keyword(s):  
Decision Making ◽  
Central Government ◽  
Complete Information ◽  
Financial Statements ◽  
Full Disclosure ◽  
Accounts Receivable ◽  
Financial Condition ◽  
Adequate Information ◽  
Disclosure Of Information ◽  
And Performance

In order to be widely used by users of financial statements, information related to tax receivable accounts in LKPP must meet the Full Disclosure Principle relate to assets, liabilities and equity either through faces or Notes to Financial Statements. Complete information will prevent users from misleading and improper decision making or opinions on the financial condition and performance of the central government. This study focuses on the disclosure of information on tax accounts receivable at LKPP because the account has significant value and gets the attention of LKPP users. Through this research, the writer will assess whether the information related to tax receivables in LKPP FY 2017 to 2019 meets the Full Disclosure Principle. To fulfill the principle, LKPP must disclose 9 adequate information related to tax receivable. The results of the analysis show that the disclosure of tax receivables in LKPP FY 2017 and LKPP FY 2018 don’t fulfill all the criteria, while LKPP FY 2019 only fulfill 1 criteria. There was no significant increase in the implementation of full disclosure principle of tax receivable within 3 years.  

Assessment of the risk of interruption of the organization‘s activities and disclosure of information about it in the financial statements

2021 ◽  
pp. 18-25
Author(s):  
Y. I. Sigidov ◽  
A. N. Melnikova ◽  
G. N. Yasmenko
Keyword(s):  
Risk Assessment ◽  
Accounting Standards ◽  
Financial Statements ◽  
Economic Entity ◽  
Key Stakeholders ◽  
Auditing Standards ◽  
Disclosure Of Information ◽  
Business Interruption

The accounting and non-accounting indicators of the risk of interruption of the activity of an economic entity are considered, derived on the basis of a study of the content of regulatory legal acts that establish the conditions for continuing activity, accounting standards and auditing standards. A system of point assessment of the risk of business interruption is proposed and the directions of presenting information about it as part of the explanations to the accounting (financial) statements are determined. The proposed method of risk assessment can be useful for improving the information capabilities of accounting (financial) statements from the positions of key stakeholders.

scholarly journals The business model in the light of the Conceptual framework for financial reporting of 2018

2021 ◽  
Vol 45 (1) ◽  
pp. 31-52
Author(s):  
Mariusz Karwowski
Keyword(s):  
Conceptual Framework ◽  
Business Model ◽  
Financial Reporting ◽  
Financial Statements ◽  
Value Judgments ◽  
Financial Report ◽  
Current State ◽  
Disclosure Of Information

Purpose: The purpose of the article is to indicate the possible impact of the business mod-el on financial statements in the light of the Conceptual Framework for Financial Report-ing (CF) of 2018. Methodology/approach: The current state is presented (the basis were CF of 2018), and value judgments are formulated regarding the considerations contained in the article. Findings: The business model has a limited influence on the scope of information included in financial statements. Measurement (and the associated choice of accounting policies) and the presentation and disclosure of information are areas of financial reporting in which the business model may apply. Originality/value: The attempt to indicate that the business model – although not directly – has an impact on some of the principles set out in the thoroughly rebuilt and hitherto un-explored CF.

scholarly journals FORMING AND DISCLOSURE OF INFORMATION ON RISKS RELATED TO FOREIGN BUSINESS

2019 ◽  
Vol 8 (4) ◽  
Author(s):  
Anastasiya O. Matveeva ◽  
Lidiya I. Kulikova
Keyword(s):  
Financial Statements ◽  
Relevant Information ◽  
Practical Implementation ◽  
Financial Position ◽  
Economic Decisions ◽  
Similar Information ◽  
Disclosure Of Information

Currently it is difficult to overestimate importance of work of the enterprises of fuel and energy branch, in particular the oil-extracting companies, the majority of which foreign divisions have. Conducting foreign activity involves numerous external risks, many of which are capable to influence a financial position and financial results of the company negatively. Practice shows that most the enterprises very formally belong to disclosure of information on the risks interfaced to foreign activity. The PEST analysis which is carried out by us allowed revealing risks to which the PJSC Tatneft Company having representation in Libya is subject. In this article practical implementation of requirements of IFRS regarding disclosure in the reporting of information on risks by the PJSC Tatneft Company having division abroad is also considered. On the basis of the analyzed disclosure merits and demerits in the reporting of information on the risks interfaced to conducting foreign activity the uniform technique of disclosure of similar information was developed. In our opinion, the recommended format of disclosure of relevant information will simplify work of the accountant by drawing up financial statements, and to users of such reporting will allow to estimate consequences of foreign activity, to create idea of a financial position of the organization and will provide adoption of rational economic decisions

scholarly journals The Accounting Policies of Enterprises for Intangible Assets: The Basic Principles and Features of Formation

2020 ◽  
Vol 12 (515) ◽  
pp. 302-309
Author(s):  
O. O. Diadiun ◽  
Keyword(s):  
Financial Reporting ◽  
Intangible Assets ◽  
Accounting Standards ◽  
Financial Statements ◽  
Reporting Standards ◽  
Basic Principles ◽  
Financial Reporting Standards ◽  
Disclosure Of Information ◽  
Alternative Solutions ◽  
Accounting Policy

The article is aimed at examining the theoretical-practical bases of formation of accounting policy for intangible assets of enterprise, taking into account the conceptual basis of financial statements – either UAS (Ukrainian Accounting Standards) or IFRS (International Financial Reporting Standards). The analysis and generalization of the requirements of regulations, as well as scientific works of many scholars on understanding the essence of the concept of «accounting policy» were carried out. Two key directions of understanding of accounting policy by domestic scholars are allocated: the closer specified one (description of alternative solutions) and the wide one (disclosure of an additional array of information in addition to choosing from the permitted alternatives). The author’s own approach to understanding the accounting policy in terms of intangible assets is proposed: it is a description of the decisions chosen by the enterprise from a number of alternatives stipulated by the standards (UAS or IFRS), regarding the recognition, valuation, submission and disclosure of information about intangible assets, as well as other aspects deemed essential. The approaches of domestic scholars to identify the main elements of accounting policy related to intangible assets are considered. On the basis of the study of alternative requirements of IAS 38, a minimum set of elements of the enterprise’s accounting policy for intangible assets is proposed, as well as key differences in approaches to the preparation of accounting policies under the UAS compared to the IFRS are defined. The appropriateness of disclosure of tax aspects in accounting policy is analyzed. Approaches to improving accounting policy and ensuring its innovative nature through the presentation of independent decisions of the enterprise on disclosure of information about intangible assets in the broad sense of this concept are proposed. It is recommended to disclose information on the identification of classes of the implicit innovation-oriented assets, approaches to valuation and monitoring of these assets outside of traditional accounting methods, as well as disclosure channels for such assets.

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