In today's economy accounting is not only a tool for processing financial and economic information, but also acts as an active subject of the development strategy of the enterprise or company.That is why its current objectives and principles in the strongest terms different from those occurring, for example, 20 years ago.Modern accounting performs many more and much more substantial in content features that make it a direct factor of economic well-being of the enterprise.
Management Accounting - is a holistic system that includes objectives and principles of management accounting, data-processing steps, procedures and resources, through which the performance of the classic functions of financial management: calculation, aggregation, calculation, analysis, monitoring, forecasting and other.
leading goal of such a system - the ongoing management of the balance of the company, its cash flows, resources, assets, and other objects that make up the capital of the company.The most important indicator of the effectiveness of the current model are its objectives, which are seen as the end result of accounting and analytical activities and principles of management accounting.
Missions of management accounting are:
- research and identification of sources of risk in the enterprise or institution;
- development, implementation and management of pricing policy of the enterprise;
- sharing (with marketing and other services) participate in the development of assortment policy;
- professional and reliable assessment of cost-effectiveness, investment, loans.
second fundamental accounting principles are the basis of management accounting, which are the most significant general provisions and requirements for this type of activity.
consider some of the principles of management accounting that determine today the economic efficiency of enterprises and companies.
reliability is based on the principle of the inadmissibility of statements and operating unreliable and untested data and information on the business activities of the enterprise.
principle of materiality requires the attitude to all information, from which the analytical operations in which they are seen as important and objectively determine the nature of the action taken by the management and performance of the entire enterprise.
Such principles of management accounting as a caution, suggest the need for compliance with some caution in analytic work with data and information and, in particular, in the construction of economic development forecasts.
principle of substance over form of domination involves the reporting of all phenomena and events business activities in accordance with their legal significance and the basis of their economic substance.
Going involves accounting is that the fact that the development of the company or the company's future is adopted a priori.
principle of unity of measurement, and measurement procedures require the use of standardized methods and procedures for assessing the situation of the company.This ensures the comparability of the results and the ability to continuously monitor her.
principle of efficiency requires the need for ongoing evaluation of each site work and divisions of the enterprise for the purpose of timely identification of trends of its development and the adoption of urgent measures to respond to these trends.
Such principles of management accounting as continuity and periodicity put forward the demand for such a system (model) accounting, which would allow him to repeat multiple times in different economic activities and provide preventive preparation for the next stages of the time records.
