International Accounting最新文献

{"title":"Improving the internal control system in the digital economy","authors":"Raheem Ullah, Artur R. Antonov","doi":"10.24891/ia.27.7.809","DOIUrl":"https://doi.org/10.24891/ia.27.7.809","url":null,"abstract":"Subject. This article examines the problems faced by the internal control systems of economic entities in the context of the digital economy, and it searches for potential solutions to improve the efficiency and adaptability of these systems.\u0000Objectives. The article aims to substantiate the areas for improving the internal control system in the context of digitalization.\u0000Methods. For the study, we used a systems approach, comparison, systematization, and data generalization.\u0000Results. Based on the analysis of the problems associated with the improvement of control procedures in the context of the digital economy, the article offers recommendations for the phased implementation of digital transformation in the internal control system of a commercial organization, and it identifies digital technologies that can help in the successful implementation of each of the identified stages.\u0000Conclusions. By implementing digital transformation, organizations can streamline internal control processes by automating manual and repetitive tasks, thereby increasing efficiency and reducing the likelihood of errors. Using advanced analytics, organizations can make data-driven decisions, detect fraudulent activity, and streamline internal controls in real time.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141644334","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Application of fair value for non-financial assets valuation by higher education institutions: Status and prospects","authors":"Bulat R. Sakhapov","doi":"10.24891/ia.27.7.771","DOIUrl":"https://doi.org/10.24891/ia.27.7.771","url":null,"abstract":"Subject. This article examines the state-of-the-art and prospects for the use of fair value for the valuation of non-financial assets in higher education institutions.\u0000Objectives. The article aims to consider the areas of concern associated with the use of fair value for the valuation of non-financial assets in higher education institutions, in particular, for fixed assets, analyze the methods for determining fair value, and compare the main provisions for establishing fair value in accordance with the International Financial Reporting Standards and the Federal Accounting Standards for Fixed Assets for the Public Sector.\u0000Methods. For the study, I used comparison, systematization and generalization.\u0000Results. The article systematizes the main theoretical approaches to the study of issues related to the valuation of non-financial assets in accordance with the International Public Sector Financial Reporting Standards and Federal Accounting Standards.\u0000Relevance. The above basic provisions for the use of fair value for the measurement of non-financial assets by higher education institutions can be used for theoretical study of the issue, as well as in practical activities in State (municipal) budgetary and autonomous institutions.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141646832","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Sharia-compliant financial statements: Specifics of information disclosure","authors":"Lidiya I. Kulikova, R. Z. Mukhametzyanov","doi":"10.24891/ia.27.7.747","DOIUrl":"https://doi.org/10.24891/ia.27.7.747","url":null,"abstract":"Subject. This article deals with the issues related to the disclosure of information in the financial statements by organizations providing partnership financing services.\u0000Objectives. The article aims to study the features of the Islamic model of accounting, its regulatory framework and the requirements for disclosure of information in financial statements in accordance with AAOIFI standards.\u0000Methods. The scientific works by contemporary foreign and domestic scientists engaged in the study of the Islamic model of accounting and the problems of disclosure of information in financial statements by Islamic financial institutions served as a methodological basis for the study.\u0000Results. The article finds that religion and ethical standards embedded in Islamic economics have a significant impact on accounting and the formation of Sharia-compliant financial statements. The article also describes the emergence and development of the Islamic accounting model and the distinctive features of information disclosure in accordance with RAS, IFRS and AAOIFI standards. The article provides examples of information disclosure in financial statements by Islamic financial institutions operating abroad and in Russia.\u0000Conclusions. The information disclosed in the financial statements of Islamic financial institutions in accordance with AAOIFI standards is much broader than under RAS and IFRS. The specifics of reflecting transactions on partnership financing are currently traced in the financial statements of companies operating in foreign countries, where partnership finance has been developing for many years. Financial institutions operating in the field of partnership finance in Russia prepare accounting (financial) statements in accordance with RAS, and when preparing internal management reporting, they are guided by IFRS and AAOIFI standards.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141648479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Concepts of management accounting in the context of its definition and relation to the accounting essence","authors":"Tatiana Yurievna Serebryakova, Elena V. MEL'NIK","doi":"10.24891/ia.27.7.726","DOIUrl":"https://doi.org/10.24891/ia.27.7.726","url":null,"abstract":"Subject. This article examines the present-day essential content of the category promoted by foreign professional associations, and assesses its compliance with the functionality used in the Russian Federation.\u0000Objectives. The article aims to find and describe the essential content of what is called Management Accounting in Russia and abroad due to the lack of a clear institutional scientific justification.\u0000Methods. For the study, we used general scientific methods of cognition, namely induction and deduction, analysis and synthesis, modeling, comparison, extrapolation, as well as the comprehensive, and functional-and-targeted approaches.\u0000Results. The article identifies and describes significant problems that underlie the versatility of the semantic content of the term Management Accounting.\u0000Conclusions and Relevance. The Global Principles of Management Accounting is a framework document that defines the principles of management based on accounting and analytical data, but not management accounting in the sense of collecting information and recording and summarizing it. It would be logical to break down the categories into accounting for management, that is management accounting, and management based on accounting data, that is analytical (accounting) management. Language (term translation) inconsistencies can also be considered a negative impact on the understanding of foreign documents. The results of the study of the subject and functional area of management accounting, presented in the article, are useful for continuing the discussion and understanding the semantic content of individual accounting categories.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141645674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Environmental and social accounting: An alternative vision of corporate sustainability. Part 1","authors":"Sergei V. Petrov","doi":"10.24891/ia.27.7.788","DOIUrl":"https://doi.org/10.24891/ia.27.7.788","url":null,"abstract":"Subject. This article focuses on accounting approaches in the context of reflecting the social and environmental operations of an enterprise aimed at ensuring corporate sustainable development.\u0000Objectives. The article aims to reveal the potential for sustainability disclosure in the financial accounting and reporting complex of the enterprise.\u0000Methods. For the study, I used analysis and synthesis, comparison, and generalization.\u0000Results. The article proposes the formulation of a provision as an accounting phenomenon for reflecting the company's social and environmental operations, reveals the principle of reconciliation of classical accounting objects with newly introduced ones, and it also proposes a settlement and accounting mechanism, and determines the role of non-financial reporting in relation to its financial counterpart.\u0000Conclusions. The accounting approach to reflecting the sustainable development of the enterprise helps form an objective view on this issue with the minimum necessary inclusion of non-financial accounting techniques, the list of metrics of which should be fixed.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141644299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Accounting and analytical support of internal cost control in the health resort institutions","authors":"Evgeniya S. Vyalaya","doi":"10.24891/ia.27.7.827","DOIUrl":"https://doi.org/10.24891/ia.27.7.827","url":null,"abstract":"Subject. This article focuses on the development of methodological tools for accounting and analytical support of internal cost control in economic entities of the health resort complex.\u0000Objectives. The article aims to develop the theoretical and methodological foundations and detail practical provisions for accounting, control and analytical support of internal control of the costs incurred, confirming the voucher cost and helping minimize the amount of invested financial and intellectual resources.\u0000Methods. For the study, I used the methods of grouping, generalization, expert assessments, comparative analysis, classification, factor analysis, and modeling.\u0000Results. The article clarifies the concept of Health Resort Service, develops a set of principles that reveals the methodology for the formation of internal management reporting and its structural elements for grouping information, and it offers a variant of regulation of internal cost control.\u0000Conclusions and Relevance. The developed multi-component structured model of internal control for analytical assessment and monitoring of costs, determining their compliance with the planned ones, within the framework of the business process Providing a Comprehensive Health Resort Service, is universal for economic entities of the health resort complex, which optimizes control procedures. The key proposals for the formation of methodological approaches to the organization of internal cost control in health resorts can help minimize entrepreneurial risks and increase the efficiency of activities.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141647832","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A data collection system model for sustainability reporting","authors":"Olesya S. Stepanova","doi":"10.24891/ia.27.5.585","DOIUrl":"https://doi.org/10.24891/ia.27.5.585","url":null,"abstract":"Subject. This article explores the relationship between accounting analytics data and sustainability reporting indicators, and analyzes the importance of using accounting analytics data for sustainability reporting.\u0000Objectives. The article aims to identify the role of accounting in the process of sustainability reporting.\u0000Methods. For the study, I used the methods of analysis, comparison and generalization.\u0000Results. The article presents an original model of a data collection system for the formation of sustainability reporting.\u0000Conclusions. Effective use of the data collection system model for sustainability reporting can help companies obtain detailed information about their impact on the economy, society and the environment, which contributes to more informed sustainability management.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140968391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Risk assessment steps and their changes due to the adoption of International Standard on Auditing (ISA) 315 (Revised 2019)","authors":"Nataliya V. Smagina, Valeriya V. Petrova","doi":"10.24891/ia.27.5.564","DOIUrl":"https://doi.org/10.24891/ia.27.5.564","url":null,"abstract":"Subject. This article considers the impact of the new requirements of International Standard on Auditing (ISA) 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment, on the risk-based approach applying in auditing.\u0000Objectives. The article aims to disclose the new requirements affecting one of the most important steps of auditing, namely the identification and assessment of risk in accordance with the new principles of ISA 315 revised.\u0000Methods. For the study, we used a systems approach.\u0000Results. The article summarizes the innovations of the revised Standard and proposes templates for working papers reflecting a risk-based approach application in the field of material misstatement risks.\u0000Conclusions and Relevance. The updated requirements of ISA 315 have an impact on the scope and nature of risk assessment procedures. To conduct auditing in accordance with the new requirements, organizations need to train employees and modernize working papers. The proposed templates of working papers can be used by audit organizations in their practical activities to reflect a risk-based approach in the field of material misstatement risks.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140971385","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Capital as an economic category. Elements of capital as accounting objects","authors":"Irina P. SELEZNEVA, Gamlet Ya. OSTAEV, Guzaliya S. KLYCHOVA, Elena A. SHLYAPNIKOVA, Irina A. SELEZNEVA","doi":"10.24891/ia.27.5.518","DOIUrl":"https://doi.org/10.24891/ia.27.5.518","url":null,"abstract":"Subject. This article examines the category of Capital in its various manifestations, the classification of its types, and the characteristics of capital components as accounting objects.\u0000Objectives. The article aims to assess the meaning and role of the category of Capital in economic, financial and accounting aspects, substantiate the importance of understanding the content of capital elements as accounting objects in order to improve the quality of accounting and information support of the organization's management system.\u0000Methods. For the study, we used the methods of information retrieval, simulation of situations, analysis and synthesis.\u0000Results. Based on the study and generalization of historical and modern approaches to substantiating the category of Capital, the article describes the multifaceted nature of this category, evaluates the content of individual elements of capital, and offers recommendations for the classification of capital in its various manifestations in order to form information in the accounting system and accounting (financial) statements.\u0000Conclusions and Relevance. The application of the research results in the educational process and practical activities will contribute to the most thorough and deep understanding of the category of Capital, its complexity and versatility. This can help reflect information on capital in accounting (financial) statements in a more correct way, assess the amount of capital and calculate indicators related to it when analyzing the economic activities of economic entities. All this together will affect the quality of management decisions of the organization's management system. The research materials can be used for the study and teaching of accounting disciplines, as well as in the practical activities of specialists in the field of accounting and finance.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140969771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Integrating sustainability factors into corporate financial reporting in the modern ESG agenda context. Part 1","authors":"I. Zenkina","doi":"10.24891/ia.27.5.499","DOIUrl":"https://doi.org/10.24891/ia.27.5.499","url":null,"abstract":"Subject. This article discusses innovations and trends in the development of corporate reporting standardization within the framework of the IFRS Foundation project and the initiative of the European Financial Reporting Advisory Group.\u0000Objectives. The article aims to reveal the essence of the main innovations and characterize the prospects for improving corporate financial reporting in the context of the development of ESG Standards by the International Sustainability Standards Board of the IFRS Foundation and the Task Force of the European Sustainability Reporting Standards Project.\u0000Methods. For the study, I used analysis and synthesis, comparison, and generalization.\u0000Results. Based on an analysis of the ESG agenda modern realities, the article identifies prerequisites and trends in the development of corporate reporting standardization in relation to the integration of sustainable development factors into financial reporting, and determines the impact of innovations of the two systems of sustainability reporting standards being developed on the informative and analytical value of corporate reporting.\u0000Conclusions and Relevance. The need to overcome the limitations and shortcomings of the GRI standards predetermined the development of two new systems of standards in the context of the ESG agenda modern realities. The International Sustainability Standards Board of the IFRS Foundation is developing standards designed to become a global framework for the disclosure of information on sustainable development, focused on the needs of investors and financial markets. The European Financial Reporting Advisory Group is developing European Sustainability Reporting Standards, which should cover a wide range of topics to meet the information needs of various stakeholders. New systems of ESG reporting standards are aimed at generating complete, coherent, comparable and verifiable information in the field of sustainable development. The research results obtained will contribute to the further promotion of sustainability reporting, improve corporate financial reporting practices by incorporating the impact of sustainability issues on value creation, and enhance stakeholder awareness and decision-making in a comprehensive and ESG-informed manner.","PeriodicalId":507452,"journal":{"name":"International Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140969938","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}