EVALUATION OF THE EFFECTIVENESS OF THE SMALL BUSINESS  PRODUCT PORTFOL

Gul'fira Bychkova

doi:10.36629/2686-777x-2021-1-15-221-224

EVALUATION OF THE EFFECTIVENESS OF THE SMALL BUSINESS PRODUCT PORTFOL

Bulletin of the Angarsk State Technical University ◽

10.36629/2686-777x-2021-1-15-221-224 ◽

2022 ◽

Vol 1 (15) ◽

pp. 221-224

Author(s):

Gul'fira Bychkova

Keyword(s):

Mathematical Model ◽

Small Business ◽

Accounting System ◽

Product Portfolio

The features and reserves of the accounting system of small business are investigated and identified, recommendations for its improvement are given from the standpoint of evaluating the effectiveness of the product portfolio. An economic and mathematical model for evaluating the effectiveness of a product portfolio has been developed

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AMERICAN EXPERIENCE AND PROBLEMS OF THE TAXATION OF SMALL BUSINESS

10.20850/9781534203891 ◽

2018 ◽

Author(s):

Sergey Kaledin ◽

Ekaterina Shestakova

Keyword(s):

Small Business ◽

Inventory Management ◽

Raw Materials ◽

The United States ◽

Optimal Order ◽

Accounting System ◽

American Experience ◽

The Usa ◽

Materials Used

Development of small business in the USA can be connected with a number of the reasons among which it is possible to call as the features of historical character connected with emergence and development of the United States and the reasons of tax character. So, in each state privileges on taxes which allow to organize in the best way by use of tax planning business can be established. It is represented that the institutionalism is indissoluble with the taxation as in the taxation there are institutes, customs, for example, regarding check of conscientiousness of the taxpayer, use of the special tax treatments and the habits, so at many businessmen and the companies became a habit earlier to pay taxes, to form an overpayment on taxes for the purpose of decrease in risks of additional accrual of penalties, others opposite, created a habit of a conclusion of the capitals abroad to low-tax territories for the purpose of decrease in the tax load. One of the topical problems is the problem of choosing the optimal structure of capital, i.e. determination of the ratio of own and long-term borrowed funds. Production reserves in the Russian accounting system are either goods purchased for later sale, or raw materials used for production. For a financial manager, stocks are immobilized funds, i.e. funds withdrawn from circulation. Without such an immobilization is indispensable, however, indirect losses should be minimized. To minimize the costs of maintaining current stocks at the proper level, the approach based on the concept of the optimal order (delivery) order is used. In the theory of inventory management, special models have been developed to determine the volume of one order lot and the frequency of orders.

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ACCOUNTING SYSTEM OF SMALL ENTERPRISES OF UKRAINE IN THE CONTEXT OF LEGISLATIVE CHANGES

International scientific journal Internauka Series Economical Sciences ◽

10.25313/2520-2294-2020-11-6565 ◽

2017 ◽

Author(s):

Olena Toporkova ◽

Keyword(s):

Small Business ◽

Financial Reporting ◽

Business Owners ◽

Information Support ◽

Entrepreneurial Activity ◽

Small Business Owners ◽

Accounting System ◽

Reporting Standard ◽

National Accounting ◽

Taxation System

The article reviews the legislative documents defining the requirements for the accounting system of domestic small business owners. The focus is on the choice of alternative accounting solutions provided by the national accounting regulations and international financial reporting standards. The role of entrepreneurship in the economic development of the state is indisputable. Harmonization of domestic legislation in accordance with European requirements and international accounting standards is an urgent need today. A coordinated and integral legal and regulatory framework will contribute to the effective development of the entrepreneurial activity. The analysis of legal and regulatory sources showed that small business owners in Ukraine can choose the form of organizing and maintaining accounting records; financial reporting; a chart of accounts for bookkeeping; a taxation system. It is established that the effectiveness of management depends on the quality of information support. Objective and reliable information concerning the financial and economic activities of the business owner in relation to past and current events performs a predictive function. Such information allows predicting the development trends of the enterprise in the future. The necessary information base can be created by an accounting system that combines a financial accounting system, a management accounting system, and a taxation system of an economic entity. The most informative source for management decisions is financial data reporting. The paper compares the legal requirements for forms of financial reporting in accordance with national accounting regulations (standards) (NP(S)AS 1 and NP(S)AS 25), as well as the international financial reporting standard for small and medium enterprises (IFRS for SMEs). Particular attention is paid to the periodicity of reporting to tax authorities and statistical authorities. It also focuses on additional accounting preferences for entrepreneurs who have the right to submit financial reporting of micro-enterprises.

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Development of accounting information system and accounting standards for small and medium enterprises (SME)

SHS Web of Conferences ◽

10.1051/shsconf/20184902006 ◽

2018 ◽

Vol 49 ◽

pp. 02006

Author(s):

Endang Satyawati ◽

Mujiyono

Keyword(s):

Information System ◽

Small Business ◽

Financial Reporting ◽

Small And Medium Enterprises ◽

Accounting Information ◽

Accounting System ◽

Application Development ◽

Accounting Information System ◽

Business Enterprises ◽

Medium Enterprises

At this time, small and medium enterprises play an important role in improving the economy of Indonesia, in terms of business number, job creation, and growth of national Economy. At this time many small, and medium enterprises are still in the manual recording process of financial transactions and financial reporting. The objective of this study is to develop an accounting information system method with Rapid Application Development (RAD) for SME as to answer whether there is an increased quality of information system in SME. The results of this research are as follows: 1) The small business enterprises are dominated by human resources. 2). Many of the owners of the small business enterprises do not understand the accounting and financial report system well. They operate with manual and conservative descriptions with a simple book noted. They have not known or have not been accustomed to computerized accounting system as well as have not known whether or not it is useful to support their business continuity. 3) Personal expenses and operational expenses paid by using the same sources.

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Theoretical and Applied Aspects in Establishment of Accounting System and Implementation of Accounting Process for Small Business Entities

Auditor ◽

10.12737/20317 ◽

2016 ◽

Vol 2 (6) ◽

pp. 38-49

Author(s):

Воронина ◽

Larisa Voronina

Keyword(s):

Small Business ◽

Russian Federation ◽

Regulatory Framework ◽

Accounting System ◽

Accounting Systems ◽

The Russian Federation ◽

Business Entities

In this article the author considers explicitly the essence, the regulatory framework and accounting forms for small business entities. The emphasis is placed on the piculiarities of the short-cut accounting method establishment. The author has developed the examptions and preferences summary tables in the accounting system for small business entities and has advised on the upgrading of accounting systems in the Russian Federation.

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Design and Implementation of Financial Accounting System for Small Business Company

Proceedings of the 2nd International Conference on Education Technology and Economic Management (ICETEM 2017) ◽

10.2991/icetem-17.2017.47 ◽

2017 ◽

Author(s):

Fuping Zhou

Keyword(s):

Small Business ◽

Financial Accounting ◽

Accounting System ◽

Design And Implementation

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SCIENTIFIC-THEORETICAL AND ORGANIZATIONAL ASPECTS OF THE ORGANIZATION OF ACCOUNTING AND CONTROL IN THE FIELD OF SMALL BUSINESS OF UKRAINE

Eastern Europe: economy, business and management ◽

10.32782/easterneurope.29-23 ◽

2021 ◽

Author(s):

Olena Melen ◽

Tetiana Zhadan

Keyword(s):

Small Business ◽

Small Businesses ◽

Developed Countries ◽

Accounting System ◽

Legal Form ◽

Accounting Data ◽

Financial Flows ◽

Business Operations ◽

Business Entities ◽

And Control

The small business sector in Ukraine does not yet play such an important role in the national economy as in economically developed countries. He fights almost daily for "survival", forced to constantly adapt to current market conditions. The development of small business is one of the priority areas of economic development at the present stage. The state relies on small business for rapid and positive structural changes in the economy, overcoming the crisis and creating conditions for market reforms. The issue of organization of accounting and control is relevant for small businesses of any form of ownership and organizational and legal form. This is due to specific features in the application of methods and techniques of accounting and control. A single view on the definition of the term "organization of accounting" scientists have not yet defined, so this question is still relevant. Features of the organization of the accounting system in small enterprises depend on the choice of the small business tax system, the choice of form of accounting, the choice of accounting system, the use of chart of accounts by small businesses and the ability to keep accounts without using the chart of accounts and principle double entry, which is typical for micro-entrepreneurs. The presence of quite frequent changes in legislation and approaches to doing business, which regulate the accounting and tax accounting of small businesses require constant improvement of accounting. Undoubtedly, the guarantee of successful operation of the enterprise is experienced management and strict control over business operations and financial flows. Control of accounting and reporting is carried out to ensure the reliability of accounting data; prevention of loss of money or valuables as a result of theft or abuse; ensuring accurate accounting of business transactions occurring in the business activities of business entities, and information in accounting registers, etc. That is, accounting control is a set of procedures that ensure the safety of assets of business entities and the accuracy of reporting prepared by the accounting department. Financial control of business operations and financial flows is the key to successful business entities. Therefore, in small businesses it is very important to form an effective system of accounting and control.

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MATHEMATICAL MODEL FOR IDENTIFYING AND QUANTIFYING THE OVERALL ENVIRONMENTAL COST

Journal of Business Economics and Management ◽

10.3846/jbem.2020.13217 ◽

2020 ◽

Vol 21 (5) ◽

pp. 1307-1328

Author(s):

Sorinel Capusneanu ◽

Dan Ioan Topor ◽

Mihaela Stefan Hint ◽

Constantin Aurelian Ionescu ◽

Mihaela Denisa Coman ◽

...

Keyword(s):

Mathematical Model ◽

Electrical Equipment ◽

Environmental Accounting ◽

Environmental Cost ◽

Accounting System ◽

Production Flow ◽

Environmentally Sustainable ◽

Equipment Industry ◽

Economic Entity ◽

Environmental Management Accounting

The paper deals with the environmental costs (EC) in the electrical equipment industry by using environmental accounting as a strategic instrument for controlling the economic entity (EE). The novelty of the study consists of integrating a mathematical model in environmental management accounting (EMA), starting from the identification of the types of waste generated by the production flow and the interaction between the production activity and the environment, which results in determining the EC per entity. The research also analyzes the dependence between the resulting waste and the volume of production by categories. The usefulness of determining these dependencies leads to the identification of the product categories with a significant influence on the EC. The study is useful for developing an environmentally sustainable accounting system within entities in the electrical equipment industry because based on the mathematical model, products that generate large quantities of waste can be identified, allowing the outline of managerial strategies to reviewing production technologies, in order to optimize the products and reduce the quantities of waste generated.

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FEATURES OF THE ORGANIZATION OF THE ACCOUNT AT THE ENTERPRISES OF SMALL BUSINESS IN UKRAINE

INNOVATIVE ECONOMY ◽

10.37332/2309-1533.2020.5-6.21 ◽

2020 ◽

pp. 162-167

Author(s):

Andrii Dovbush ◽

Halyna Davydovska

Keyword(s):

Small Business ◽

Financial Reporting ◽

Small Businesses ◽

Small Enterprises ◽

Accounting System ◽

Advantages And Disadvantages ◽

Business Transactions ◽

Organizational Issues ◽

Business Entities ◽

Taxation System

Purpose. The aim of the article is to research the economic content and features of accounting organization in small businesses. Methodology of research. A number of legal and general scientific methods are used in writing the work. The main method of writing the work is the method of research of legal sources, the Tax Code and the Law of Ukraine “On Accounting and Financial Reporting in Ukraine” in particular. The following research methods are also used: monographic – for a detailed study of the organization of the accounting system in small enterprises; comparison – to identify common features and differences of the studied processes and phenomena; analysis and synthesis – to detail the accounting system of small enterprises by dividing it into constituent parts; grouping – to identify the conceptual features of the accounting system of small businesses. Findings. It is determined that one of the most important organizational issues of small business accounting is the choice of form of accounting, because each form of accounting provides a combination of different types of accounting registers, which should ensure operational control, timeliness, completeness and reliability of generalization in the accounting of all business transactions that took place in the entity. It is concluded that the peculiarities of the organization of accounting for small businesses include the following: the choice of taxation system; approval of the chosen form of accounting in the Order on accounting policy; use of certain primary documents to confirm business transactions; display of information in the relevant accounting registers - depends on the chosen form of accounting; generalization of information in financial statements. Originality. The diversity of definitions of this concept has been clarified as a result of studying scientific approaches to the disclosure of the essence of the organization of accounting. The main factors influencing the organization of accounting of small enterprises are substantiated and revealed. It is believed that an important factor influencing the construction of accounting in small business is the taxation system. The advantages and disadvantages of simplified and general systems of taxation of small enterprises are presented in the article. Practical value. The obtained results of the research allow to deepen the theoretical principles and develop practical recommendations for improving the organization of accounting in small businesses, as well as to apply them for further research. Key words: organization of accounting, form of organization of accounting, small business enterprises, small business entities, taxation system.

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