Accounting policy regarding the risks of business entities

Abstract

The article examines the problem of taking risks into account in the activities of enterprises using the accounting system. The expediency of risk positioning in the accounting policy is substantiated. An analysis of the presence/absence of provisions on risks in the Orders «On Accounting Policy» of 40 enterprises of the Ternopil Region was carried out. On the basis of critical analysis, the use of the graphic method and generalization, the level of consideration of risks in the accounting policy was revealed. The expediency of assessing the level of consideration of risks in the accounting policy is substantiated. A questionnaire approach to conducting such an assessment and ranking of risks is proposed. Thanks to questionnaires and modeling, the content and implementation methodology of the first stage of forming and changing the accounting policy on the basis of risk management and taking into account the company's development strategy was formed.
 The application of the developed proposals will allow to correctly assess the state of the accounting policy regarding the accounting of risks, to form provisions that are relevant in the strategic plan. This will ultimately contribute to the improvement of accounting and risk management, will allow to develop a system for ensuring the stable financial condition of the enterprise