Internal Express Control of Prospective Indicators of the Financial Reporting of the Organization

Abstract

The article substantiates some prospective indicators of the financial reporting: profitable investments in tangible assets and financial investments, the appearance of which in an organization is a prerequisite for logical sequential operations for recognizing income. The interest of well-known user groups is revealed: the owners of the organization (founders, shareholders); the management, those charged with governance and the personnel of the organization; partners of the organization (buyers and customers, suppliers and contractors, tenants, borrowers and lenders, agents and principals, banks, insurance organizations, debtors and creditors, investors; the Federal Tax Service of Russia, the Pension Fund and other state bodies; customs authorities, arbitration courts, publishing houses, advertising companies, in the prompt receipt of accounting and economic information on prospective indicators of financial reporting to achieve various management goals. The essence of internal express control of prospective indicators of financial reporting is substantiated as a quick follow-up control, involving the implementation of actions according to a specific algorithm : substantiation of prospective indicators; consistent implementation of control measures and procedures; confirmation of the completeness and reliability of legal and primary documents on the movement of prospective indicators of financial reporting. The authors argue that, due to the internal express control of prospective indicators of financial reporting, accounting and economic information will become more understandable and accessible to the concerned users,