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Financial Analytics: Science and Experience
 

Methodology of traditional financial accounting in construction

Vol. 5, Iss. 3, JANUARY 2012

Available online: 23 January 2012

Subject Heading: Financial management

JEL Classification: 

Shumeyko M.V. PhD in Economics, associate professor of department “Accounting and Audit”, Rostov State Construction University
mshumeyko@mail.ru

The author of the article, the methodology of the traditional accounting-oriented participants in the construction, investment and construction spheres and activities implementation of investment projects and allows them to differentiate conceptually on how to organize the accounting process. It is recommended to use three of the traditional financial accounting (bookkeeping united with a common focus on financial performance, unified accounting with the analytical orientation of the costs and benefits, a single integrated accounting and financial accounting), based on a structured chart of accounts, accounting for the costs of the elements in an integrated management of resource potential.

Keywords: traditional financial accounting, structured chart of accounts, optics, accounting, organization, analytical accounting, integrated, resource potential

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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