scholarly journals SIMPLIFIED ACCOUNTING IN SMALL BUSINESSES: THE REALITIES OF TODAY

2021 ◽  
pp. 152-158
Author(s):  
Vasyl Bachynskyi ◽  
Valentyna Pomulieva
Keyword(s):  
Financial Reporting ◽  
Small Businesses ◽  
Small Enterprises ◽  
Accounting Regulation ◽  
Current State ◽  
Scientific Papers ◽  
General Scientific ◽  
Single Standard ◽  
Analysis System ◽  
Double Entry

Purpose. The aim of the article is research of the peculiarities of the current state of simplified accounting in small enterprises and development of proposals for its improvement and identifies opportunities for further simplification. Methodology of research. The theoretical basis of the study were laws and normative and legal acts on regulation, organization, accounting and financial reporting in Ukraine, as well as scientific papers of domestic scientists on simplified accounting in small enterprises of Ukraine. The study used general scientific and specific methods: logical analysis, system approach, synthesis, induction and deduction, generalization (in the study of current norms and regulations on accounting regulation, accounting features), abstract and logical (in generalizing theoretical provisions and forming conclusions and proposals). Findings. A study of the peculiarities of simplified accounting in small enterprises is carried out. It is found out what special norms of simplified methods of accounting the current legislation contains for certain categories of small enterprises, the problems concerning their practical use by small enterprises are defined. Emphasis is placed on the insufficiency of simplified methods of accounting and the need to bring regulations on simplified accounting in line with modern realities. Proposals for improving accounting have been formed and the need for a single standard that regulates current issues of accounting in small enterprises and meets modern realities was substantiated. Originality. The urgent need to expand the methods of simplified accounting and the introduction of a single special legal act on accounting in small enterprises is substantiated. Practical value. The obtained research results and developed proposals can be used for further research, as well as in the development of regulatory documents. Key words: accounting, small enterprises, simplified forms of accounting, double entry, accounting registers, simplified chart of accounts, financial statements.

Problems and specifics of the convergence of national accounting systems under the influence of IFRS

2021 ◽  
pp. 29-48
Author(s):  
Mihail Rodchenkov ◽  
Viktor Suyts
Keyword(s):  
Financial Reporting ◽  
Accounting Systems ◽  
Scientific Methods ◽  
National Accounting ◽  
Financial Reporting Standards ◽  
Current State ◽  
National Market ◽  
Market Economic ◽  
Expert Assessments ◽  
General Scientific

The research addresses the essence and outcomes of the convergence between national accounting and reporting systems (NARS) influenced by international financial reporting standards (IFRS). The aim of the study is to identify and examine the main elements of this process and its peculiarities in Russia; to highlight and evaluate the consequences of such convergence; to determine the areas for improving the effectiveness of NARS taking into consideration its current state. The methodology is based on the use of general scientific methods of theoretical and empirical research, including expert assessments and comparative analysis which allows to evaluate the changes observed in NARS. The findings help summarize and analize the organizational aspects of NARS elements transformation in the process of convergence under IFRS impact, including imbalances both in the NARS itself and in the relation between the NARS elements and other systems underlying the national market economic structure. The analysis concludes with an assessment of its effect on the NARS. The results will be of interest to specialists in the field of accounting and reporting as well as to regulatory agencies that implement state interests in this area.

Problems and specifics of the convergence of national accounting systems under the influence of IFRS

2021 ◽  
pp. 29-48
Author(s):  
Mihail Rodchenkov ◽  
Viktor Suyts
Keyword(s):  
Financial Reporting ◽  
Accounting Systems ◽  
Scientific Methods ◽  
National Accounting ◽  
Financial Reporting Standards ◽  
Current State ◽  
National Market ◽  
Market Economic ◽  
Expert Assessments ◽  
General Scientific

The research addresses the essence and outcomes of the convergence between national accounting and reporting systems (NARS) influenced by international financial reporting standards (IFRS). The aim of the study is to identify and examine the main elements of this process and its peculiarities in Russia; to highlight and evaluate the consequences of such convergence; to determine the areas for improving the effectiveness of NARS taking into consideration its current state. The methodology is based on the use of general scientific methods of theoretical and empirical research, including expert assessments and comparative analysis which allows to evaluate the changes observed in NARS. The findings help summarize and analize the organizational aspects of NARS elements transformation in the process of convergence under IFRS impact, including imbalances both in the NARS itself and in the relation between the NARS elements and other systems underlying the national market economic structure. The analysis concludes with an assessment of its effect on the NARS. The results will be of interest to specialists in the field of accounting and reporting as well as to regulatory agencies that implement state interests in this area.

UNDERSTANDING SMALL BUSINESS SCAMS

2012 ◽  
Vol 20 (03) ◽  
pp. 333-356 ◽  
Author(s):  
MICHAEL T. SCHAPER ◽  
PAUL WEBER
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Criminal Activity ◽  
Future Research ◽  
Small Enterprises ◽  
Self Employment ◽  
Current State ◽  
Advance Fee Fraud ◽  
Emergent Literature ◽  
Future Research Directions

This paper provides an overview of the current state of knowledge about small business scams. A scam is a form of dishonest action, based upon an invitation to participate in an activity. Victims are encouraged, mislead or induced to voluntarily interact with the perpetrator, and ultimately to willingly surrender over money, information or other valuable resources. Common forms of scams directed towards small business include phishing, false business valuations and sales, fake overpayments, false directory and advertisement listings, bust-outs, blowing, cramming, advance fee fraud and misleading self-employment projects. The limited research evidence available to date suggests that small enterprises are particularly vulnerable to these types of criminal activity, are less inclined to report such events, are likely to be subject to repeat attacks, and are particularly susceptible to online scams. This occurs because small businesses often lack the in-house skills, resources and reporting arrangements needed to effectively detect and prevent scams. The paper also briefly examines the entrepreneurial nature of scammers, and explores some of the emergent literature on the psychology of small business scams that may explain scam propensity. Strategies for combating and avoiding scams are discussed, as are suggestions for future research directions in the area.

scholarly journals Development of Organizational and Methodological Support of Accounting at Small Enterprises

2019 ◽  
Vol 6 (5) ◽  
pp. 16-23
Author(s):  
S. N. Polenova
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Professional Growth ◽  
Theory And Practice ◽  
Small Enterprises ◽  
Financial Reports ◽  
Scientific Methods ◽  
Development Organization ◽  
General Scientific ◽  
Business Enterprises

The important role small enterprises play in economy acts as a motivator for the work on substantiating the directions of their development, organization and methodological support of national accounting. The purpose of the article is to provide recommendations on improvement of organization and methodology of accounting at small enterprises taking into consideration their importance and peculiarities of their activity. The methodological base for the research is the practice of accounting, regulations and legislative documents, results of scientific research made by the authors, general scientific methods: comparison, comparison, deduction, induction, analysis, syntheses, generalization and grouping. As a result there were identified the following problems: insufficient qualification of accountants employed by small businesses and lack of opportunities for their professional growth. The article justifies the need to develop the chart of accounts for small enterprises which apply the simplified accounting and an instruction on how to use this chart and federal standards of accounting “Accounting at small business enterprises” and “Accounting (financial) reports at small business enterprises”. The results of the research can be used in the theory and practice of accounting at small businesses to substantiate the directions of its development.

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

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.

Russian Small Industrial Entrepreneurship in Modern Conditions

2016 ◽  
Vol 4 (1) ◽  
pp. 18-28
Author(s):  
Подшивалова ◽  
Mariya Podshivalova ◽  
Вайсман ◽  
Elena Vaysman
Keyword(s):  
Small Businesses ◽  
Manufacturing Industries ◽  
Small Enterprises ◽  
Opinion Poll ◽  
Medium Term ◽  
Russian Government ◽  
Industrial Enterprises ◽  
Current State ◽  
Strategic Approach

The paper estimated the specifics of small business manufacturing industries from the standpoint of the strategic approach through the description of the tasks, the current state and development potential. Objectives were assigned by government in medium-term socio-economic policy. The current state was analyzed by both objective statistics and subjective - based on different opinion poll of managers of small enterprises. Also used data Regional Studies of domestic economists. Prospects for the development of small industrial enterprises are assessed through the intensity and quality of their inno-vation. The authors conclude that to complete the task of the Russian Government small businesses are able to only one of the major manufacturing industries - production of electrical and optical equipment.

Small Industry, Gimmicks and Moscow Statistics, or How the Small Russian Enterprise Came into the World (Russian Physiological Sketch, 1830-1840)

2009 ◽  
pp. 123-129
Author(s):  
Yu. Golubitsky
Keyword(s):  
Small Businesses ◽  
Statistical Data ◽  
Russian Enterprise ◽  
Small Enterprises ◽  
Business Practices ◽  
Way Of Life ◽  
The World ◽  
Small Industry ◽  
Xix Century

The article considers business practices of Moscow small industry in the XIX century, basing upon physiological sketches of N. Polevoy and I. Kokorev, statistical data and the classification of professions are also presented. The author claims that the heroes of the analyzed sketches are the forefathers of Moscow small businesses and shows what a deep similarity their occupations and a way of life bear to the present-day routine existence of small enterprises.

Assessment of small businesses activities in Ukraine

2019 ◽  
pp. 40-47
Author(s):  
Igor Ponomarenko ◽  
Kateryna Volovnenko
Keyword(s):  
Comparative Analysis ◽  
Statistical Analysis ◽  
Small Business ◽  
Small Businesses ◽  
Government Agencies ◽  
Small Enterprises ◽  
The Subject ◽  
Business Entities ◽  
The Impact ◽  
Micro Enterprises

The subject of the research is a set of approaches to the statistical analysis ofthe activities of small business entities in Ukraine, including micro-enterprises. The purpose of writing this article is to study of the features of functioningof small business entities in Ukraine. Methodology. The research methodology isto use a system-structural and comparative analysis (to study the change in thenumber of small enterprises by major components); monographic (when studyingmethods of statistical analysis of small businesses); economic analysis (when assessing the impact of small business entities on socio-economic phenomena andprocesses in Ukraine). The scientific novelty consists to determine the features ofthe functioning of small businesses in Ukraine in modern conditions. The influenceof the activities of the main socio-economic and political indicators on the activities of small enterprises in recent periods of time has been identified. It has beenestablished that there is flexibility in the development of strategies by small businesses in conditions of significant competition, which makes it possible to quicklyrespond to changing situations in specific markets. Conclusions. The use of acomprehensive statistical analysis of small businesses functioning in Ukraine willallow government agencies to develop a set of measures to optimize the activitiesof these enterprises, which ultimately will positively affect the strengthening oftheir competitiveness and will contribute to the growth of the national economicsystem.

High-tech business in crisis conditions: development trends of large, medium and small enterprises

2020 ◽  
Vol 18 (4) ◽  
pp. 48-58
Author(s):  
Vladislav V. Spitsyn ◽  
Alexander A. Mikhal'chuk ◽  
Anastasia A. Bulykina ◽  
Svetlana N. Popova ◽  
Irina E. Nikulina
Keyword(s):  
Small Businesses ◽  
Negative Impact ◽  
Service Industries ◽  
High Tech ◽  
Small Enterprises ◽  
Mathematical Methods ◽  
Crisis Period ◽  
Knowledge Intensive ◽  
Crisis Conditions ◽  
Medium And Small Enterprises

Leading world countries view innovative development and high-tech business as an opportunity to overcome economic stagnation and decline in economic growth. One of the modern trends in the analysis of high-tech development is the study of high-tech knowledge-intensive service industries and their development in times of crisis. The purpose of the paper is to identify patterns of development of large, medium and small enterprises in high-tech service industries in Russia during periods of crisis. Economic and economic-mathematical methods of analysis are applied to the formed samples of enterprises. The research period is 2013-2017. The financial indicators of enterprises were adjusted for the level of accumulated inflation in relation to 2013. According to results, large and medium-sized enterprises showed insignificant or weak significant positive dynamics of revenue during all years of the crisis period. The crisis period did not lead to a decrease in the revenue of these groups of enterprises. The acute phase of the crisis (2014-2015) had a pronounced negative impact on the group of small enterprises in all studied industries, but they successfully recovered in 2016-2017 and reached the pre-crisis level of revenue. The total revenue by industries and groups of enterprises in 2017 became higher than in 2013, and its growth rates were significant for many groups of enterprises, which indicates a successful overcoming of the crisis period and signs of growth in high-tech service industries. Our study shows the need for state support for small businesses in high-tech service industries in crisis conditions, and identifies the possibilities of adaptation of enterprises in these industries to an unfavorable external environment. Our results may be useful for the purposes of government stimulation of economic development in the current environment.

Conceptual features of the implementation of economic analysis of small businesses

2018 ◽  
Vol 35 (2) ◽  
pp. 109-115
Author(s):  
O. A. Bank
Keyword(s):  
Economic Analysis ◽  
Small Businesses ◽  
Labor Process ◽  
Small Enterprises ◽  
Legal Form ◽  
Industry Affiliation ◽  
Main Activity

In the presented article, the author considers the features of the economic analysis of the activity of small enterprises for the rationality of their management. The key criterion by which an enterprise of any industry affiliation and organizational and legal form is referred to as a small one is the average number of employees involved in the labor process for the implementation of the main activity for the reporting period. 

Sign in / Sign up

Export Citation Format

Share Document