PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY
The development of the accounting system is accompanied by an increase in the number of situations, when the facts of economic activities are reflected depending on judgments, especially on the criteria of materiality.The article considers two groups of materiality criteria, which are the result of...
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| Format: | Article |
| Language: | Russian |
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Government of Russian Federation, Financial University
2019-01-01
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| Series: | Учёт. Анализ. Аудит |
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| Online Access: | https://accounting.fa.ru/jour/article/view/80 |
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| author | VALENTINA Sitnikova |
| author_facet | VALENTINA Sitnikova |
| author_sort | VALENTINA Sitnikova |
| collection | DOAJ |
| description | The development of the accounting system is accompanied by an increase in the number of situations, when the facts of economic activities are reflected depending on judgments, especially on the criteria of materiality.The article considers two groups of materiality criteria, which are the result of the professional judgment of an accountant and are therefore necessary for the reflection of the facts of economic activity in the accounting system as well as the disclosure of the information about the financial condition and the financial results of the organization in accounting (financial) statements.Approximate approaches to the identification of criteria in various situations basing on the requirements of normative documents are proposed in the article.The necessity of applying analytical indicators as the criteria for the identification of significant changes in the financial position of the organization is justified, which creates an impact on the disclosure procedures in the accounting (financial) statements.Thorough and elaborate development of the combination of the materiality criteria in the accounting system will help to ensure the increased quality level of accounting information. |
| format | Article |
| id | doaj-art-2e6a7c914bcd405e98d43c622f1b1374 |
| institution | Kabale University |
| issn | 2408-9303 2619-130X |
| language | Russian |
| publishDate | 2019-01-01 |
| publisher | Government of Russian Federation, Financial University |
| record_format | Article |
| series | Учёт. Анализ. Аудит |
| spelling | doaj-art-2e6a7c914bcd405e98d43c622f1b13742025-08-20T03:57:39ZrusGovernment of Russian Federation, Financial UniversityУчёт. Анализ. Аудит2408-93032619-130X2019-01-010211412010.26794/2408-9303-2016--2-114-12080PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITYVALENTINA Sitnikova0Financial UniversityThe development of the accounting system is accompanied by an increase in the number of situations, when the facts of economic activities are reflected depending on judgments, especially on the criteria of materiality.The article considers two groups of materiality criteria, which are the result of the professional judgment of an accountant and are therefore necessary for the reflection of the facts of economic activity in the accounting system as well as the disclosure of the information about the financial condition and the financial results of the organization in accounting (financial) statements.Approximate approaches to the identification of criteria in various situations basing on the requirements of normative documents are proposed in the article.The necessity of applying analytical indicators as the criteria for the identification of significant changes in the financial position of the organization is justified, which creates an impact on the disclosure procedures in the accounting (financial) statements.Thorough and elaborate development of the combination of the materiality criteria in the accounting system will help to ensure the increased quality level of accounting information.https://accounting.fa.ru/jour/article/view/80профессиональное суждение бухгалтерасущественностькритерии существенностисущественная информациябухгалтерская (финансовая) отчетностьthe accountant’s professional judgmentmaterialitythe criteria of materialitymaterial informationaccounting (financial) reporting |
| spellingShingle | VALENTINA Sitnikova PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY Учёт. Анализ. Аудит профессиональное суждение бухгалтера существенность критерии существенности существенная информация бухгалтерская (финансовая) отчетность the accountant’s professional judgment materiality the criteria of materiality material information accounting (financial) reporting |
| title | PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY |
| title_full | PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY |
| title_fullStr | PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY |
| title_full_unstemmed | PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY |
| title_short | PROFESSIONAL JUDGEMENT OF AN ACCOUNTANT WHILE CHOOSING THE CRITERIA OF MATERIALITY |
| title_sort | professional judgement of an accountant while choosing the criteria of materiality |
| topic | профессиональное суждение бухгалтера существенность критерии существенности существенная информация бухгалтерская (финансовая) отчетность the accountant’s professional judgment materiality the criteria of materiality material information accounting (financial) reporting |
| url | https://accounting.fa.ru/jour/article/view/80 |
| work_keys_str_mv | AT valentinasitnikova professionaljudgementofanaccountantwhilechoosingthecriteriaofmateriality |