Экономические науки/7. Учет и аудит

Candidate of Philosophical Sciences,  assistant professor Petrova Y.A. 

Arapova A.E.  

Isalova S.A.

Samoylenko  Y.S.

 

 

Rostov State University of Economics, Russia

 

The urgency of accounting in crisis conditions in Russia.

 

Macro- and microeconomics integrates constant interest in accounting and analytical support of the management processes, both in the national and in the international practice. The adoption of managerial decisions based on the accounting resource that provides external (strategic) and internal (tactical) management. This resource of accounting is developing in parallel demands of top managers, which vary depending on changes in industrial settings or under the influence of law and the emergence of new forms of economic activity. In addition, a special influence on the development of accounting paradigms has international standards of accounting reporting.

As a result, it can be argued that the formation and development of accounting in every country is a mirror image of economic relations in all their diversity. The positive dynamics of these relations between the government and economic entities having a positive effect on the informativeness of accounting resources: improved management techniques on the basis of accounting, standardized methods of record keeping, improved methods of control and financial analysis, will be replicated positive international experience in the development of accounting philosophy. Accounting is perceived as a dynamically developing management subsystem on the background of the development of the management system.

Based on the above, it can be argued that accounting determines the location of any commercial enterprise in sector of business. Firstly, it reflects the financial results of the stakeholders that can benefit investors, suppliers, customers, creditors, tax authorities and banks in the interaction with the subject.  Secondly, taking into results of the account can prevent negative effects arising in industrial activity, as well as the consequences of not a productive use of its resources. Thirdly, it is a source of information needed to predict the future activity of the subject.

In the modern world the process of company`s predicting plays an important role to preliminary calculations, performance of the assets, financial stability, profitability, solvency. And this, in its turn determines the place of the company in the economic area, which is very important for the effective achievement of the goals of the company: to maximize profits and minimize costs as well as to maintain the profitability of the enterprise "afloat" during the crisis. What you need to know the company to move forward and significantly improve its performance indicators in extreme conditions?

  This is the starting point is reiterated  increasing interest of top-managers of  companies  in  studying of possible causes  of the deterioration  in efficiency’ s indicators of enterprises in relation to the dynamics of changing of accounting ratios.  Entities function in dynamic developing world, where all events are logical, and at the same time, unexpected, as for example, crisis of 2008-2010 years and crisis in 2014 year, which has continued so far. Without knowledge of effectiveness of financial accounting, it is almost impossible to manage activity of the companies   in a crisis.

Financial accounting represents only one of its kind institution, which provides management and interpretation of economic processes in times of crisis. Nowadays   isn't an isolated event  ill-considered approaches of  heads  during downturns of production  based on misinterpretation of results of  accounting,  mistakes of   management in capacity as a price  with regard to reckless   evaluation of the relationship  “ input- output”,  lack of knowledge in determining level of participation  of each business process in total profit  of company, all of which lead  to   decline in the quality of   financial information’ s   interpretation.  Consequences adversely effect on generation of   strategy for production and sale in response to the crisis of economic relation.

 In times of unstable economic conditions, accountants and analysts meet with problems of solution of challenges is based on accounting resource.

To the main of its are related:

·        evaluation of production‘s effectiveness ;

·        evaluation of   development’s state of entity;

·        definition of the degree of risk of  production activities

Therefore, the main function of financial accounting in the circumstances is concentration of attention not only to registration of the economic facts, but also on identification of strategic decisions for further improvement of a financial condition of an economic entity.

 Currently  the accounting system of  Russia is in the process of reforming, in which  have  been established new  fundamentals of accounting  in  view of the critical state of the economy ,that ,in turn, has given an impetus to the  development of accounting ‘s methodology in general. 

For the enterprise, locating in crisis, useful the follow prospective  actions:

1)    Introduction such objects of accounting as innovation (in the context  of innovative projects). It results to new, higher  stage of development of  records, because     it  is brought  together all prospective costs for future innovative products. Innovations  help to ensure productivity gains , capital productivity, reduction of  material consumption, and also increase effectiveness of  other economic indicators.

2)    Verification of accounting. It helps to provide legal ground for unified accounting system, to ensure the completeness and accuracy of the recorded and retained information. That initiative allows fighting illegal activities and corruption, which is very important in prevention of business bankruptcy.

3)    Strengthening of public policies in enterprises’ economic activities area. In the context of economic crisis, the state needs to establish general requirements to financial accounting regardless of organizational and legal type. At the same time, the state retain the right to adoption development programmes and regulatory acts in the accounting area.

4)    Distribution of management functions and calculation of expenditures between business processes. This will mean a more effective spreading the costs between areas and more reliable cost control. In times of crisis, this condition will ensure most optimum costs for each business process.

5)    Distribution of information resources between tax, financial and management accounting, which would provide the possibility to solve various tasks according to legislative and corporate standards.

6)    Professional development of accountants. Good organization of accounting department helps to increase accounting effectiveness, to gain legislative support for accounting and audit, to ensure technologies protection from incorrect accounting algorithms.

Proposals described above will help enterprises to overcome economic crisis. In this time, accountants and economists have a vital role for business, because they have all up-to-date information about business process and could use it to solve various problems in unstable situation. This requires a transparent accounting, an objective assessment of financial results and constant monitoring the accuracy of financial statements. Companies should make accounting an efficient tool of strategic management. Except in this case, accounting system will bring maximum benefits and ensure competitiveness to recover from crisis.

Литература:

1.Белов Н.Г., Хоружий Л.И. и др. Бухгалтерский учет в сельском хозяйстве: Учебник / под ред. Н.Г. Белова, Л.И. Хоружий - М.: Эксмо, 2010.608 с.

2.Гетьман В.Г. Бухгалтерский учет: Учебник / В.Г. Гетьман, В.Э. Керимов, З.Д. Бабаева, Т.М. Неселовская; Под ред. В.Г. Гетмана. -М.: ИНФРА-М, 2010. - 717 с.;

3.Ложников И. Н., Роль бухгалтерского учета в преодолении финансового кризиса// Вестник бухгалтера Московского региона - М., 2011, № 4

4.Козлова Е.П., Парашутин Н.В и др. Бухгалтерский учет. – М.: Финансы и статистика, 1994. – 463 с.

5.Хоружий Л.И., Роль и место бухгалтерского учета в условиях модернизации экономики//Вестник бухгалтера Московского региона -М., 2010, № 4