THE PROCESS OF CAPITAL MIGRATION OF GROUPS OF COMPANIES ON A NATIONAL AND INTERNATIONAL LEVEL – ACCOUNTIND AND FISCAL ASPECTS

Abstract

Developments in accounting systems at national and international level are largely influenced by the interconnection of economies and the globalization of financial markets. There is a complex relationship between globalization processes and development indicators. All factors of globalization - financial cooperation, trade, investment, scientific and technological progress and migration - have socio-economic and environmental implications and influence policy design and implementation at national, regional and global levels. Important among these impacts are the limitation of state autonomy in policy-making and, consequently, the need for national policy-making to be more responsive to international obligations, commitments and imperatives. Achieving development goals requires strengthening global partnership. The purpose of the proposed investigation is based on the analysis of the historical migration of financial, material and human resources of groups of companies, which has led to the creation and strengthening of new market relationships, markets where groups of enterprises dominate, which by diversifying their activities are now able to generate impressive financial results. The research was based on methods and techniques for aggregating migrated capital by specifying the links between economic agents within the group, describing the essence of international capital migration, the causes of international capital migration of enterprise groups, etc. The authors, studying the processes of migration of capitals of entities, personnel of groups of companies at national and international level, established the forms of migration of capitals internationally, focusing on consolidated accounts and tax aspects in terms of problematic moments and put forward proposals for solutions in the context of globalization and migration of capitals and activities of groups of companies, demonstrating the influence of migration of capitals of entities within groups on the development of the world economy.

Keywords

• migration of capital
• investments
• consolidation techniques
• group of companies
• equity capital
• goodwill
• minority interest
• income
• financial results