Background for methodology of accounting of building enterprises

Abstract

The need for an effective accounting system for construction companies is justified by the necessity of external and internal users of reports (financial, statistical, tax) to have reliable information. Discrepancies between the provisions of various legal documents, which govern accounting expenses in construction, create difficulties in the practicing accountants and academics in terms of understanding the essence of construction as a type of economic activity and the identification of construction and assembly works. In order to achieve the stated goal among general and special methods of knowledge, the methods of analysis, synthesis, induction, deduction, analogy, comparison and the method of systematic approach and method of grouping data are used in the study. To visualize the results of the study, the elements of the graphical method of research are applied. The essence of such concepts as «a construction», «the type of economic activity», «a branch» is revealed, and the significance of construction nowadays during the formation of accounting information is disclosed. The issues on the use of these concepts in various legal documents are analyzed, and the possible ways of their solutions are discussed. The author proves the necessity of coordination of the documents studied in the article as they determine the accounting construction and statistical reporting forms of construction companies.