To successfully managing construction company need to know exactly what and how much should be done, how much is the production of the construction site and so on.At the same time for optimal application of material, labor and financial resources necessary to measure, monitor, record and control all of the facts, taking place in the business.This information more fully and fairly, keeping in construction.
In statements to see all business operations from both the quantitative and the qualitative side.Accounting in building not only determines the volume of produced goods or services.Reporting reflects the income earned, cost, distribution costs and other quantities.
In accordance with legal regulations, accounting in construction is an ordered structure for the registration, collection, compilation of information in monetary terms.Reporting reflects the property status, the company's commitment and direction in using the documentary, continuous, continuous calculation of all transactions of economic nature.
Accounting in construction involves the formation of reliable (complete and quality), as well as timely information characterizing the economic and financial activities of the company.These data are necessary and used in the preparation of human resources management, justification, as well as in decision-making.
should be noted that in the construction of accounting has its own characteristics.These features distinguish it from other types of economic (tax, statistics, operational) reporting.For example, the functions that perform accounting in construction are limited by the scope of a particular organization.Statements reflect absolutely all business processes that take place in the company, with each fact shall be documented using the original document or a machine support having a legal basis.Accounting is different continuity in time of transactions taking place in the enterprise.All business processes, assets or liabilities expressed in monetary indicators by summarizing actual size.All make the facts are interdependent, and therefore there is congruence reflection activities.In addition, accounting for a construction company has its own special methods of data processing.These methods do not apply to other types of calculation or rarely used.
Thus, the method of accounting allows you to create indicators by which we can draw conclusions about the size of the property, capital, liabilities and their structure.The data are indispensable for the implementation of forecasting and planning.
In accordance with the provisions in the current legislation, accounting should be conducted on all businesses which have legal status.
As world practice shows, reporting can change its form, content, depending on the changes in the social, political and economic state of the industry.This reporting in different countries has its own national characteristics, which were formed over many centuries.
today the following basic tasks of accounting in the construction company:
1. Formation of reliable information about the firm.
2. Provide the necessary data internal and external users of financial statements to monitor the compliance of legal norms of the state.
3. Prevention of the negative effects of economic activity and to find internal resources to ensure the financial stability of the company.
