Economics/7. Accounting and Audit.
Khamzin A. O. / Master's
Degree student
Kazakh University of Economics, Finance and
International Trade
The concept and features of the account
Foreign Economic Activity
Foreign economic activity is a set of
methods and tools for trade, economic, scientific and technical cooperation,
monetary and credit relations with foreign countries.
Foreign economic activity is implemented
at both the state and at the level of individual businesses. In the first case,
foreign economic activity is aimed at establishing international cooperation
framework, creation of legal, commercial and political mechanisms that promote
the development and efficiency of foreign economic relations. Rational foreign
policy can lead to higher rates of growth of national income, accelerating
scientific and technological progress, increasing the concentration of
production and the efficiency of capital investments.
The essence of foreign economic activity
is in the form of mutually beneficial relations between the states.
Some of
the most important forms of international economic relations include:
- international trade
in goods and services;
- capital flows and
foreign investment;
- exchange in the
field of science and technology;
-
monetary and credit relations.
The
main objectives and areas of foreign economic activity:
1. rehabilitation and development of the
export potential of the country;
2. use of foreign loans for technical
re-equipment;
3.
increase the competitiveness of products at the international market on the
basis of modernization;
4. changes in the structure of imports by
increasing the share of industrial production in the form of high technology;
Foreign economic activity - is the sphere
of economic activity associated with international production and
scientific-technical cooperation, export and import of goods, the equipment is
in the external market.
International exchange of goods
economically feasible for the country if it spends on the production of export
goods less public work than it should be spent on the production of goods
instead of imported (with the proceeds of exports). Consequently, the exchange
of goods can be beneficial to all countries with proper formation of the
structure of imports and exports, so it is necessary to increase the scale of
foreign exchange.
Accounting
of foreign economic activity considerably wide it has its own operations in
view of import and export transactions made in foreign and national currency,
and current conditions reform to meet the requirements of international
standards and the complete independence of the organizations in conducting
foreign economic activity necessary to improve the accounting process by types
of activities. In this method of
accounting for a wide range of varieties of foreign economic activity has its
own specific features, without the knowledge of which can not provide reliable
information on the business of foreign trade. This identifies the relevance of
foreign trade in the modern world.
References
1. Strovsky LE,
Kazantsev SK Foreign economic activity of the enterprise M.: UNITY-DANA, 2004.
2. Voronkov, O.N.,
HE Puzakov Foreign economic activity M. Ekonomist 2005.
3. Kulinina G.V.
Shalashova NM, SD Yushkov Accounting and Audit Code. M.: Accounting. - 2008.
4. Velvet AP
Accounting for Foreign Economic Affairs, Moscow: UNITY. - 2006.