Identification of Specific Functions of Strategic Management Accounting

Brukhanskyi, Ruslan Feoktystovych

doi:10.35774/ibo2020.01.007

Cited by 4 publications

(2 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Horodyska [22] carried out the generalization and review of concepts of engineering, systematized and explored points of view of various economists. Some domestic scholars in their works have considered accounting engineering as an accounting technology, in particular R. Brukhansky [23], І. Herasymovyсh [24], I. Zamula, М. Prodanchuk, Т. Kovalchuk, А. Mуhalkiv, К. Simakov [25], V. Makarovych, O. Sydorchuk [26], І. Nahorna, О. Chumak [27], І. Yukhymenko-Nazaruk [28]. In their works these economists disclosed the essence and meaning of accounting engineering, investigated and learned retrospectives of its development, described basics of mechanism of functioning and tools of accounting engineering.…”

Section: табл 3 літ 35mentioning

confidence: 99%

Methodological basics of accounting engineering for Ukrainian enterprises

GERASIMOVICH,

KRYSHTOPA,

FEDORCHENKO

2023

Nauk. pr. NDFI

View full text Add to dashboard Cite

Introduction. Aggressiveness of modern business environment highlights the problem of substantiation of theoretical, organizational and methodological principles of accounting engineering, as accounting and analytical support for the economic security system of domestic enterprises. Purpose. The research is aimed at the development of stages of improvement of methodological approaches to the application of the latest economic mechanism - the practical implementation of accounting engineering into activity of Ukrainian enterprises. Methods. Methods used in the article are based on the dialectic of cognition, which allows to assessthe effectiveness of accounting and analytical support for modern enterprise management. In particular, the following methods were used: scientific abstraction, synthesis, induction and deduction, modeling, tabular method, as well as methods of logic. Results. The obtained results are presented by the methods of accounting engineering for accounting and analytical data support by means of formation of complex accounting objects: 1) in the field of production – as combination of procedural budgeting, normative method of accounting, procedural operational and cost analysis of deviations with reflection in the daily register of accounting “Report on fulfilment of budgets by business processes of responsibility centers”, in order to ensure operational regulation of production consumption of material and labor resources and funds; 2) in the financial field – by daily grouping of cash and financial flows by types of business processes on risk, liquidity and solvency in other separate monitoring registers - “Derivative balance sheets”, in order to establish current and future level of net assets and net liabilities, as indicators of the level of risk activity of enterprises. Also, the research substantiates practical aspects of the methodology of accounting engineering as a new direction of accounting and analytical support for management and control of the enterprise with a specific focus on business processes involving in-depth objects of accounting.

show abstract

Section: табл 3 літ 35mentioning

confidence: 99%

Methodological basics of accounting engineering for Ukrainian enterprises

GERASIMOVICH,

KRYSHTOPA,

FEDORCHENKO

2023

Nauk. pr. NDFI

View full text Add to dashboard Cite

show abstract

“…In market conditions, internal accounting as a subsystem of accounting becomes important for the effective functioning of business. Internal economic (management) accounting is a system of processing and preparing information about the enterprise's activities for internal users in the management process [11].…”

Section: Peculiarities and Directions Development Of Accountingmentioning

confidence: 99%

Integration Mechanisms of Management of Innovative Processes in the Economy

Vladlenov,

Andrushko,

Andrushko

et al. 2023

View full text Add to dashboard Cite

All rights reserved. Printed in the United States of America. No part of this publication may be reproduced, distributed, or transmitted, in any form or by any means, or stored in a data base or retrieval system, without the prior written permission of the publisher. The content and reliability of the articles are the responsibility of the authors. When using and borrowing materials reference to the publication is required.

show abstract

Rethinking the essence of management accounting in the context of achieving Sustainable Development Goals

Maksymiv¹,

Yakubiv²,

Pylypiv³

et al. 2023

Fìnansi Ukr.

View full text Add to dashboard Cite

Introduction. Achieving the Sustainable Development Goals (SDGs) within the framework defined by 2030 is possible only if the socially responsible behavior of citizens, businesses, and public administration bodies is activated in tandem. And business has the most significant role here. The role of management accounting in achieving SDGs has practical dimensions and a strategic task arises to form such accounting and analytical information that can help in achieving the 17 SDGs. Such information should be public, i.e. presented not only to internal stakeholders, but also to external ones, and also show both positive and negative impacts of business on the community and the country within which it operates. Problem Statement. Since there is an objective need to consume accounting and analytical information of a strategic nature in the context of SDGs to meet information needs of various groups of stakeholders, it is worth talking about expanding the traditional understanding of the essence of management accounting (that is, in its legislative definition). Purpose. Rethinking the essence of management accounting in the context of its role in achieving SDGs and making proposals for improving the legally established definition of the term “management accounting” in Ukraine. Methods. General scientific and special methods are used, such as logical analysis, synthesis, comparison, theoretical generalization, and abstract-logical. Results. The conducted analysis of the role of management accounting in achieving SDGs casts doubt on the generally accepted statement that management accounting forms information only for internal users. The article presents arguments that prove the need to amend the Law of Ukraine “On Accounting and Financial Reporting in Ukraine”. The definition of management accounting is proposed, which, taking into account the potential of accounting tools in achieving SDGs, can provide modern information needs of stakeholders motivated by socially responsible behavior. Namely, management accounting should be interpreted as a system of collecting, processing, preparing, and analyzing financial and non-financial information about company's activities for various groups of stakeholders in the process of making management decisions. Conclusions. The clarity in the theoretical aspect regarding the interpretation of the essence of management accounting and confirmation of this in normative legal acts will be an impetus for expanding the practical implementation of management accounting in solving the problems of sustainable development.

show abstract

Identification of Specific Functions of Strategic Management Accounting

Cited by 4 publications

References 3 publications

Methodological basics of accounting engineering for Ukrainian enterprises

Methodological basics of accounting engineering for Ukrainian enterprises

Integration Mechanisms of Management of Innovative Processes in the Economy

Rethinking the essence of management accounting in the context of achieving Sustainable Development Goals

Contact Info

Product

Resources

About