FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE

The article addresses the issues of goals, objectives and place of the financial accounting system of a commercial organization at the present stage. It is assumed that financial accounting is a subsystem of business accounting and is governed by the current legislation of the Russian Federation on...

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Main Author: G. V. Goliguzova
Format: Article
Language:English
Published: Saint Petersburg Electrotechnical University 2018-12-01
Series:Дискурс
Subjects:
Online Access:https://discourse.elpub.ru/jour/article/view/227
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author G. V. Goliguzova
author_facet G. V. Goliguzova
author_sort G. V. Goliguzova
collection DOAJ
description The article addresses the issues of goals, objectives and place of the financial accounting system of a commercial organization at the present stage. It is assumed that financial accounting is a subsystem of business accounting and is governed by the current legislation of the Russian Federation on accounting. The main purpose of organizing a financial accounting system is to provide sufficient and reliable information to external users of financial statements. Each external user of the information received from the financial statements of a commercial organization solves specific problems, and each representative from the designated circle of external users should be provided with comprehensive characteristics of the state of financial and economic activities of the commercial organization. These issues are resolved in the framework of reforming the entire accounting system. The feature of the modern stage of economic relations development is that, firstly, the reform processes both of the accounting system in general and of financial accounting system are accelerated, and secondly, the general public, represented by legal entities and all interested individuals is involved in the development of normative legislative acts.
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spelling doaj-art-ab7bdea044404fc69f3d2f683e282c6d2025-08-20T02:53:53ZengSaint Petersburg Electrotechnical UniversityДискурс2412-85622658-77772018-12-0146667010.32603/2412-8562-2018-4-6-66-70226FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGEG. V. Goliguzova0Saint Petersburg Electrotechnical University «LETI»The article addresses the issues of goals, objectives and place of the financial accounting system of a commercial organization at the present stage. It is assumed that financial accounting is a subsystem of business accounting and is governed by the current legislation of the Russian Federation on accounting. The main purpose of organizing a financial accounting system is to provide sufficient and reliable information to external users of financial statements. Each external user of the information received from the financial statements of a commercial organization solves specific problems, and each representative from the designated circle of external users should be provided with comprehensive characteristics of the state of financial and economic activities of the commercial organization. These issues are resolved in the framework of reforming the entire accounting system. The feature of the modern stage of economic relations development is that, firstly, the reform processes both of the accounting system in general and of financial accounting system are accelerated, and secondly, the general public, represented by legal entities and all interested individuals is involved in the development of normative legislative acts.https://discourse.elpub.ru/jour/article/view/227financial accounting system of a commercial organizationgoalsobjectivesplace of the financial accounting systemfinancial statementsexternal users of information in the financial accounting systemthe reform of the financial accounting system
spellingShingle G. V. Goliguzova
FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
Дискурс
financial accounting system of a commercial organization
goals
objectives
place of the financial accounting system
financial statements
external users of information in the financial accounting system
the reform of the financial accounting system
title FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
title_full FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
title_fullStr FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
title_full_unstemmed FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
title_short FEATURES OF THE ORGANIZATION OF FINANCIAL ACCOUNTING AT THE PRESENT STAGE
title_sort features of the organization of financial accounting at the present stage
topic financial accounting system of a commercial organization
goals
objectives
place of the financial accounting system
financial statements
external users of information in the financial accounting system
the reform of the financial accounting system
url https://discourse.elpub.ru/jour/article/view/227
work_keys_str_mv AT gvgoliguzova featuresoftheorganizationoffinancialaccountingatthepresentstage