Оn  Methodological  Approaches  to  the  Formation of Indicators  of  Trade  Organizations  Effectiveness

Abstract

The article focuses on the importance of methodological approaches to determining the effectiveness of organizations; considers such approaches to the calculation of performance indicators as the “costly” approach, the “net return” approach and the approach “characterizing the effectiveness of capital allocation”. It identifies the factors which influence the availability of reliable information for assessing the organization effectiveness by external users of accounting (financial) statements and complicate this assessment for internal users. The authors carry out a comparative analysis of the calculation of performance indicators dynamics, made by the traditional method and the refined method, in terms of adjusting the differentiation of complex articles of accounting (financial) reporting and excluding tax accounting items. It is concluded that to increase the reliability of the information base for evaluating the effectiveness of organizations, it is important to take into account the estimated characteristics of the reported indicators at fair value or amortized cost. The article substantiates the expediency of making adjustments to accounting (financial) items not related to cash flows.

Keywords

•  performance indicators
• updated method
• fair value
• ifrs
• estimated adjustments
• effective interest rate
• ebitda
• estimated net income
• information base
• differentiation of complex articles
• tax accounting
• cash flow
• amortized cost