METHODOLOGICAL AND INFORMATIONAL SUPPORT OF CONTROL PROCEDURES IN COMPANIES WITH STATE PARTICIPATION

2021 ◽  
Vol 3 (11) ◽  
pp. 166-174
Author(s):  
Anna V. Bodyako ◽  
Keyword(s):  
Optimal Choice ◽  
Informational Support ◽  
Control Processes ◽  
Economic Entity ◽  
State Participation ◽  
Control Procedures ◽  
And Control ◽  
Methods Of Control

The article presents the results of a study of methodological and informational support of con-trol procedures in companies with state participation. Based on the study of issues related to the optimal choice of objects and methods of control procedures, the author substantiates proposals for the formation of the concept of accounting and control processes, substantiates its qualitative elements and structural compo-nents. It is concluded that it is necessary to create in each economic entity a special document “Regulations on intracorporate control”, in which it is advisable to prescribe all the general and specific elements of the organization of intracorporate control in companies with state participation.

Concept of Accounting Development in the System of Management in Companies’ With Government Participation

2020 ◽  
pp. 94-109
Author(s):  
Anna V. Bodyako
Keyword(s):  
Management System ◽  
Corporate Control ◽  
Information Support ◽  
Financial Control ◽  
Economic Management ◽  
Control Processes ◽  
State Participation ◽  
Control Procedures ◽  
Property Control ◽  
And Control

In the context of geopolitical cataclysms, the institutions of macroeconomic regulation of tactics and strategies for the development of large economic complexes under Federal ownership perform an important regulatory mission-to ensure the stable development of the Russian market space. The effectiveness of state and corporate measures for regulating financial and property control processes is determined, other things being equal, by the quality of accounting and analytical information generated from various sources. This means that the methodology and information support for control procedures should be based on a time-appropriate concept of accounting and control processes in the management system for the development of companies with state participation.The article analyzes the positive and negative prerequisites for updating management systems and their information support for adapting the corporate financial and economic management system to new realities. Based on the analysis of the current situation and studying the experience of companies with state participation are formed the author's position updated “concept of accounting and control processes in the management system development of companies with state participation”, which are as follows: formulated new definitions of the terms in the context of methodology of development of accounting and control processes; the conditions for expanding information boundaries are defined by combining state financial control and internal corporate control, including in the methods of investigating the causes of financial discipline violations, methods of internal corporate control, corporate tax monitoring, and analysis control methods, which is facilitated by the current level of IT technology development and further digitalization of the economy. It is concluded that it is necessary to adopt a law on financial control for national purposes, which is still not available in the country's legal practice. This Law should contain an institutionally recognized and clearly defined term “financial control”, as well as features of control procedures at the national and corporate levels.

scholarly journals Risk-Oriented Approach as the Basis for the Corporate Accounting Policy Formation

2018 ◽  
Vol 5 (4) ◽  
pp. 120-130
Author(s):  
V. M. Rumyantseva
Keyword(s):  
Corporate Governance ◽  
Control Systems ◽  
Internal Control ◽  
Policy Formation ◽  
Control Processes ◽  
Economic Entity ◽  
Group Relationships ◽  
And Control ◽  
Oriented Approach ◽  
Accounting Policy

The evolution of accounting and reporting, the relevance of risk orientation as the basis for the organization of accounting and control processes involves the expansion of ideological fundamentals of the formation of corporate level accounting policy. The risk-oriented approach should be the basis of accounting and control processes of any economic entity. That is why, it is the risk-oriented approach that should be the basis for formation of the accounting policies and internal control systems of the economic entity. In the corporate structure the risks related to corporate governance are particularly important. Therefore, corporate accounting policy, while expanding its borders, must take into account corporate risks related to inter-group relationships. Through the formation of and disclosure of corporate accounting policy the planning and control of joint activities is implemented, which involves analysis and monitoring of strategic risks. Risk-oriented corporate accounting policies, being the regulator of corporate relationships through the implementation of the managerial function can influence the effectiveness of corporate integration. Corporate accounting policy may be the means of achieving the synergy effect in the enterprise integration by defining and regulating the most efficient forms of interaction of the reproduction process members. The evolution of accounting policies closely associated with the evolution of accounting and reporting, leads to the need to identify the relationship of accounting policies and internal control systems at all levels of corporation government, because it is the accounting policy that determines the intra firm accounting principles and is the regulator of corporate relations at all levels of corporate governance. Monitoring of accounting policy, based on the principle of materiality is key to both the separate legal entity that is the part of the group, and to the entire perimeter of consolidation. Key risks relate to the concept of materiality and correspond to the key issues of the auditing that is relevant in the context of the new requirements of the international auditing standards.

scholarly journals Accounting and control procedures in risk assessment of information environment distortion

2021 ◽  
Vol 110 ◽  
pp. 01033
Author(s):  
Viktoriya V. Alekseeva ◽  
Irina V. Milgunova
Keyword(s):  
Internal Control ◽  
Accounting Information ◽  
Information Environment ◽  
Information Distortion ◽  
Economic Entity ◽  
Blockchain Technology ◽  
Internal Control System ◽  
Control Procedures ◽  
Methodological Aspects ◽  
And Control

Accounting and control is the foundation of prosperous business. It is impossible to create an effective internal control system without taking into account the organizational and methodological aspects of the accounting process. Therefore, there appears a need for an integrated assessment of accounting and control procedures as a single unified system. The application and introduction of state-of-the art digital technologies is of great importance during the development of high-technology business. In this regard, there is a need to find a system or technology that could make it possible to generalize accounting and control procedures to reduce the risk of the information environment distortion. One of such technologies that implements the formation of a continuous sequential chain of blocks is the blockchain technology. The present article specifies the structure and content of accounting and control procedures blocks using the blockchain technology. The selected blocks include accounting and control procedures based on the sequence of the accounting process. As a rule, control procedures applied by an economic entity do not cover all the risks of accounting information distortion. For that reason, one needs to assess them in order to determine the risks and minimize them. To assess the risks of the information environment distortion, a methodology based on the evaluation of their coverage completeness by accounting and control procedures has been developed. Through a well-rounded assessment of the information environment distortion risk, the proposed methodology will allow one to form accounting information systematically as well as in a quality manner and manage control procedures in order to make effective management decisions.

Ground Adaptability Characterization for Digging in Complex Geotechnical Conditions and Risk Mitigation

2011 ◽  
Vol 415-417 ◽  
pp. 1431-1434
Author(s):  
Wei Wei Yu ◽  
Xuan Guo
Keyword(s):  
Risk Factors ◽  
Control Method ◽  
Risk Mitigation ◽  
Tunnel Construction ◽  
Soil Pressure ◽  
Ground Movements ◽  
Construction Risk ◽  
And Control ◽  
Methods Of Control

Characterization of geotechnical digging and control the dynamical settlement is very necessary to mitigate construction risk. The metro tunnels of being constructed access to each other or near to the ground is high risk and physically difficult and costly. The control method becomes imperative. Some cases of digging prediction of ground movements and assessment of risk of damage to above or adjacent constructions have become an important issue especially in urban projec. Ground adaptability characterization is the key of control the tunneling in complex geotechnical conditions both in rock and soft stratum. High and changed water-soil pressure also is risk factors to effect tunneling process. Beside discussion of risk mitigation associate to tunnel construction, the developing settlement control and simulations are given to describe the methods of control risk.

Diagnosis Biosafety Protocols in the Tourism Sector

2021 ◽  
Author(s):  
Keyword(s):  
Tourism Sector ◽  
Control Procedures ◽  
Local Transport ◽  
Implementation Communication ◽  
And Control

This document includes a diagnosis of the adequacy of existing biosafety protocols in the tourism sector (with a focus on accommodation, restaurants, local transport, beaches, airports, and ports) to address the risks of Covid-19. Diagnosis identifies the main risk nodes of contagion and their level of coverage by protocols. It also discusses implementation, communication, and control procedures and existing needs to strengthen them.

Procedures for conducting an internal audit of current assets at agricultural enterprises

2020 ◽  
pp. 28-40
Author(s):  
Taigib Kamilovich Musaev ◽  
Konstantin Akakievich Dzhikiya
Keyword(s):  
Internal Audit ◽  
Agricultural Enterprises ◽  
Control Procedures ◽  
And Control ◽  
Accounting Valuation

The article reviews the features of using procedures for organizing and conducting an internal audit of current assets — the most mobile types of property of agricultural enterprises. The internal audit procedures are based on the principles of normative and legal acts, regulating the rules for accounting, valuation and control of current assets. The forms of working documents of internal audit are presented, which suggest ways of performing accounting and control procedures at agricultural enterprises.

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