International Accounting
 

Abstracting and Indexing

РИНЦ
Referativny Zhurnal VINITI RAS
Worldcat
Google Scholar

Online available

EBSCOhost
Eastview
Elibrary
Biblioclub

Archiving

Cyberleninka (12 month OA embargo)

Small business asset formation sources: Accounting and regulatory considerations

Vol. 22, Iss. 12, DECEMBER 2019

Received: 14 November 2019

Received in revised form: 2 December 2019

Accepted: 5 December 2019

Available online: 13 December 2019

Subject Heading: FINANCIAL ACCOUNTING

JEL Classification: М41

Pages: 1343–1363

https://doi.org/10.24891/ia.22.12.1343

Kopylova E.K. Institute of Management and Finance, Baikal State University, Irkutsk, Russian Federation
kopylovaek@gmail.com

ORCID id: not available

Kopylova T.I. Institute of Management and Finance, Baikal State University, Irkutsk, Russian Federation
kopylovati@bgu.ru

ORCID id: not available

Subject This article deals with the issues of accounting for equity and liabilities in organizations that apply simplified methods of accounting in accordance with the Russian and international legislations.
Objectives The article aims to examine the specifics and peculiarities of regulation and methods of accounting of asset formation sources at small business entities.
Methods For the study, we used the methods of analysis, systematization, comparison, and generalization. The double entry method is used as a special method of research.
Results The article theoretically justifies a method of grouping of own and borrowed sources of asset formation and determines the minimum group of asset formation sources of small business due to the potential use of simplified accounting methods. The article also describes the peculiarities of accounting for sources of asset formation using correspondence of accounts and simplified methods.
Relevance The results obtained can be useful to small business accountants and managers when forming accounting policies using simplified methods and deciding to find potential sources to finance economic activities, as well.

Keywords: simplified system of accounting, accounting, asset formation sources, small business entities

References:

  1. Korodyuk I.S., Solodkov M.V., Borisova A.O. [Features of integrating small business into the national economy structure in today's environment]. Izvestiya Baykal'skogo gosudarstvennogo universiteta = Bulletin of Baikal State University, 2019, vol. 29, no. 3, pp. 444−452. (In Russ.)
  2. Sukhodolov A.P., Kul'dyukova I.V. [Peculiarities of financing small business using leasing scheme]. Izvestiya Irkutskoi gosudarstvennoi ekonomicheskoi akademii (Baikal'skii gosudarstvennyi universitet ekonomiki i prava) = Bulletin of Irkutsk State Economic Academy (Baikal State University of Economics and Law), 2011, no. 3, pp. 22–25. URL: Link (In Russ.)
  3. Turenko B.G., Turenko T.A. [On a new approach to formation of a strategy of developing small businesses]. Izvestiya Baykal'skogo gosudarstvennogo universiteta = Bulletin of Baikal State University, 2019, vol. 29, no. 3, pp. 484−490. URL: Link (In Russ.)
  4. Burov V.Yu., Servatinskii V.V., Ortykov A.U. [Features of governmental influence on economic activities of small business entities in modern Russia]. Baikal Research Journal, 2017, vol. 8, no. 1. URL: Link (In Russ.)
  5. Kopylova E.K., Kopylova T.I. [Peculiarities of statutory regulation and accounting of non-circulating assets of small business entities]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2018, vol. 21, iss. 3, pp. 344−362. (In Russ.) URL: Link
  6. Kopylova E.K., Kopylova T.I. [The regulation and peculiarities of current assets accounting of small business entities]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2019, vol. 22, iss. 3, pp. 302−322. (In Russ.) URL: Link
  7. Moskovtsev V.V., Agafonova E.E. [Sources of formation of initial small-enterprise capital]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-Economic Phenomena and Processes, 2010, no. 2, pp. 60−62. URL: Link (In Russ.)
  8. Nemykina O.S. [Analysis of the classification of sources of funding of the organization in terms of their practical application]. Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika = Tomsk State University Journal of Economics, 2012, no. 3, pp. 60−67. URL: Link (In Russ.)
  9. Sheina E.G. [Economic essence of working capital and the classification of its financing sources at the enterprise]. Rossiiskoe predprinimatel'stvo = Russian Journal of Entrepreneurship, 2017, vol. 18, no. 5, pp. 993−1004. URL: Link (In Russ.)
  10. Alekseeva G.I. [IFRS for SMEs: Leases]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2010, vol. 13, iss. 6, pp. 2−8. URL: Link (In Russ.)
  11. Valinurova A.A., Guseva A.A. [Assessment of the prospects for application of IFRS for SMEs in Russia]. Bukhgalterskii uchet v izdatel'stve i poligrafii = Accounting in Publishing and Printing, 2014, no. 1, pp. 30−37. URL: Link (In Russ.)
  12. Kozlov V.V. [IFRS for SMEs]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2012, vol. 15, iss. 24, pp. 14−22. URL: Link (In Russ.)
  13. Kozmenkova S.V., Krupinova E.S. [Simplified accounting and reporting rules for small and medium-sized enterprises in foreign practice]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2015, vol. 18, iss. 40, pp. 34−52. URL: Link (In Russ.)
  14. Adamenko A.A., Petrov D.V. [Existing benefits for small businesses]. Vestnik Akademii znanii = Bulletin of the Academy of Knowledge, 2019, no. 1(30), pp. 194−197. (In Russ.)
  15. Alekseeva G.I. [Problems of accounting for deferred income in the context of reforming Russian accounting]. Bukhgalter i zakon = Accountant and Law, 2014, no. 4, pp. 2−6. URL: Link (In Russ.)
  16. Odakhovskaya D.A., Pechennikova G.G. [Accounting and tax accounting of fixed assets, intangible assets and depreciation charges in order to develop and improve approaches to the valuation of company property]. Izvestiya Baykal'skogo gosudarstvennogo universiteta = Bulletin of Baikal State University, 2019, vol. 29, no. 1, pp. 113−122. (In Russ.)
  17. Kalacheva T.I. [Estimated values in accounting]. Izvestiya Tul'skogo gosudarstvennogo universiteta. Ekonomicheskiye i yuridicheskiye nauki = Izvestiya Tula State University. Economic and Legal Sciences, 2013, no. 2, pp. 217−223. URL: Link (In Russ.)
  18. Arbatskaya T.G. [Actual aspects of forming of allowances for bad debts in accounting]. Izvestiya Irkutskoi gosudarstvennoi ekonomicheskoi akademii (Baikal'skii gosudarstvennyi universitet ekonomiki i prava) = Bulletin of Irkutsk State Economic Academy (Baikal State University of Economics and Law), 2008, no. 4, pp. 23–25. URL: Link (In Russ.)
  19. Arbatskaya T.G. [Topical issues of reserve formation for a reduction in the cost of materials in accounting]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2013, vol. 16, iss. 41, pp. 21−29. URL: Link (In Russ.)
  20. Tausova I.F., Tkhagapso R.A., Bekirova K.N. [Estimated reserves in modern statistics and dynamic account]. Vestnik Adygeiskogo gosudarstvennogo universiteta. Seriya 5: Ekonomika = Bulletin of Adygea State University. Series 5: Economics, 2015, no. 3, pp. 192−199. URL: Link (In Russ.)
  21. Mizikovskii I.E., Polikarpova E.P. [Analytical accounting of estimated liabilities]. Vestnik Nizhegorodskogo universiteta im. N.I. Lobachevskogo. Seriya: Sotsial'nye nauki = Vestnik of Lobachevsky State University of Nizhny Novgorod. Series: Social Sciences, 2018, no. 3, pp. 34−41. URL: Link (In Russ.)
  22. Khromova I.N., Rets A.V. [Formation of estimated liabilities in accounting and tax accounting]. Simvol nauki, 2017, vol. 1, no. 2, pp. 104−107. (In Russ.) URL: Link

View all articles of issue

 

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

Journal current issue

Vol. 23, Iss. 2
February 2020

Archive