SOME ASPECTS OF ACCOUNTING SECURITY OF THE SUBSTANCE OF FINANCIAL RESULTS
DOI:
https://doi.org/10.32782/city-development.2025.2-11Keywords:
accounting form, financial result, financial security, economy, businessAbstract
In the conditions that have developed for the effective management of organizations, as well as for a deep analysis of the economic situation in the industry complex, the need to improve the quality, reliability and analytical value of information generated and provided by the accounting system is becoming increasingly relevant. This especially applies to one of the key evaluation indicators of the commercial activity of the enterprise – the financial result, which reflects the final efficiency of the activity and is an important basis for making management, investment and credit decisions. At the current stage of development of the economy and accounting science, there are a number of problems associated with the ambiguity of the interpretation of the term «financial result», differences in approaches to its calculation and interpretation in domestic and international practice. This, in turn, reduces the level of transparency of financial reporting and complicates the process of its analysis for a wide range of users – from enterprise management to external investors and regulatory authorities. Therefore, there is an objective need to improve the methodological principles of accounting for financial results, increase their analytical accuracy and adapt to modern business conditions. The article formulates a theoretical approach to a deeper understanding of the economic essence of the financial result as a key indicator of the efficiency of the enterprise, and also presents generally accepted methodological approaches to its definition, classification and calculation in the context of modern accounting practice; the classification of financial results is clarified, and its application in the accounting system is justified for the formation of additional profit indicators in reporting; a comparative characteristic of the methods for calculating the financial result in static and dynamic theories is analyzed. In modern conditions, a new type of risk – accounting risks – enters the management objects of business entities. The need to implement a risk-oriented accounting system is determined, which requires its separate reflection in reporting.
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