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ИД «Финансы и кредит»






International Accounting

Choosing accounting procedures and elements of accounting policy of the organization to obtain the forecast values of financial reporting indicators

Vol. 21, Iss. 10, OCTOBER 2018

PDF  Article PDF Version

Received: 30 August 2018

Received in revised form: 11 September 2018

Accepted: 19 September 2018

Available online: 15 October 2018


JEL Classification: M41

Pages: 1176–1193


Shchepot'ev A.V. OOO Konsaltingovaya gruppa Novaya Paradigma, Tula, Russian Federation


Subject This article considers the elements of accounting policy which an organization can choose independently taking into account the forecast goals of the financial and economic situation.
Objectives The article aims to generalize, organize and systematize the existing accounting procedures and instruments by means of which it is possible to change financial indicators, receiving the forecast values.
Methods For the study, I used the methods of analysis and synthesis, and generalization of the information array forming classification criteria.
Results The article shows in detail the difference between the illegal manipulation of accounting registers and the achievement of predicted values of financial reporting by means of accounting procedures within the running regulatory requirements. It also examines in detail many accounting policy instruments that can be used to influence (up to a certain extent) the values of financial indicators and performance factors.
Relevance The obtained results can be used by managers and accountants when selecting accounting procedures of the accounting policy being formed, when auditing, assessing the current business, conducting financial analysis of going into liquidation subjects including the identification of indications of fraudulent and deliberate bankruptcy.

Keywords: accounting abuses, cost management, provisions, net assets, business value, market value, financial stability, valuation activities


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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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May 2022