METHODICAL ASPECTS OF IMPROVEMENT THE ACCOUNTING POLICIES OF ECONOMIC ENTITIES

Accounting policy is of decisive importance for the financial and economic life of economic entities. Adjusting the main provisions of accounting policy it is possible to propose alternative options and methods of accounting. The correction of accounting policy is depended both financial result, and tax loading of the organization. In this regard, the problem of drawing up accounting policies in the context of economic activity and development goals of the enterprise is highly significant and relevant. The purpose of this article is to systematize the methodological aspects of the formation of the accounting policies of business entities. In the study, the levels of legal regulation of Russian accounting are systematized and the role of accounting policies in ensuring the economic security of the enterprise is highlighted. The factors determining its formation are considered. Investigation of the current accounting practice of commercial organizations allowed us to identify areas of organizational, methodological and technical improvement of accounting policies in those sections of accounting that traditionally are not fully reflected in the standards of the economic entity. The importance of determining the methods for calculating the depreciation of non-current assets and the methods of accounting for inventories in ensuring the financial and economic activities of the organization is emphasized. The attention is focused on the need to include in the orders on the accounting policy of the schedule of the inventory, information on the composition of the commission, as well as the procedure for processing, registering and writing off deviations of the accounting data from the actual results of the inventory. A universal workflow schedule has been drawn up, which can be the basis for developing a commercial organization’s own standard. These guidelines will improve the order of formation of accounting policies in the organization.

accounting, accounting policy, economic security, regulatory-legal regulation, accounting policy factors, non-current assets, inventories, inventory control, document workflow, accounting data users.

Nefyodov R. O., Titova N. Yu. Methodical aspects of improvement the accounting policies of economic entities. Business. Education. Law, 2019, no. 3, pp. 150–155. DOI: 10.25683/VOLBI.2019.48.324.