Accounting in agriculture, as in any other field, is a system that provides collection, recording and summarizing all the information about the assets, liabilities of the enterprise expressed in monetary terms.It provides continuous and comprehensive document all without exception of operations conducted in the economy.
Accounting in agriculture: the objects that it includes:
- all property of agricultural enterprises, which includes investments, inventories, cash, fixed assets and other;
- capital of the company, including the charter, reserve capital, retained earnings, additional paid in capital, as well as special-purpose funds and reserves;
- payable to the enterprise by other organizations, as well as third-party individuals and organizations, it includes loans payable;
- also accounting in agriculture oversees all business operations that the company carries out, and which cause changes in the composition of assets and liabilities.
The main objective pursued by accounting in agriculture is the analysis and use of information in order to identify the prospects of development of the enterprise, as well as to make the right management decisions and future.The resulting accounting information is used at different levels of governance.Accounting in agriculture is applied on-farm level, general and international management level in the production process at the agricultural enterprise.
But accounting in agriculture carries not only information function, it also performs a control function, namely, illustrates the implementation of the organizational plan, showing profitability of agricultural enterprises, and also helps prevent the failures and mistakes in the work, does not allow for the irrational use of existingresources, and these actions helps to keep the enterprise.
Accounting in animal husbandry and agriculture helps the enterprise to solve such problems:
- allows you to create reliable information about the financial condition of the company, its activities, which is used by internal users, these include the founders, managers owners and members of the company,as well as external users - lenders, investors, banking, financial and tax authorities, suppliers and many others;
- to submit the information to carry out control over the strict observance of the existing legislation at the time of the transactions involving the movement of assets and liabilities, as well as with the use of all existing resources.All this should be carried out in accordance with approved standards on the legislative level, estimates and norms;
- to prevent and to prevent the emergence of negative phenomena in the enterprise;
- to identify on-farm reserves to help ensure the financial stability of the company and mobilize them;
- evaluate the actual use of the identified reserves.
In accordance with the current legislation, for the proper organization of accounting at carrying out a variety of business operations is responsible Manager.It is he who appoints the chief accountant, and already he is directly responsible for the formation and maintenance of accounting policies, timely and reliable reporting on the state of the company in financial terms.Chief Accountant supervises the rational use of resources and is directly involved in the financial management of the entire service.
