Облік і фінанси (Apr 2020)
Accounting Indicators for Controlling in the Context of the Integrated Reporting Formation
Abstract
In the context of the integrated reporting formation domestic companies have to develop such a system of financial and non-financial indicators that allows users to provide reliable information on the strategy, management, performance and capabilities of the enterprise which lead to the creation of enterprise value in the short, medium and long-term perspective. In this case an important tool is controlling which provides support for management activities through the implementation of management functions. The purpose of the article is to determine the composition of financial and non-financial accounting indicators for controlling in the context of the integrated reporting formation by trading enterprises. The types of enterprise capital that are formed by its value were given. The composition of every type of trading enterprises' capital was determined. The essence of financial and non-financial accounting indicators for controlling was clarified. It was revealed that the development of the system of accounting indicators for controlling in Ukraine is facilitated by changes in accounting legislation, in particular, the requirement to compile and publish a Report on the management by the large and medium enterprises. According to the results of the study, a system of financial and non-financial accounting indicators for controlling was determined in the context of the integrated reporting formation by trade enterprises. It was established that controlling indicators are an important tool for supporting the decision-making process at the enterprise and an integral (basic) element of the controlling system. The system of controlling indicators is the logically constructed, consistent hierarchy of quantitative and qualitative, financial and non-financial indicators, which reflect the goals of the enterprise (and the goals of the controlling system), detail it by separating to business processes, responsibility centers and evaluation of the results of the trade enterprise. Approaches to the developing of system of controlling indicators in the context of the integrated reporting formation were considered that illuminate the ratio of key resources to the capitals on which enterprise depends.
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