+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
International Accounting
 

Economic entity as an object of financial control

Vol. 27, Iss. 1, JANUARY 2024

Received: 2 November 2023

Received in revised form: 20 December 2023

Accepted: 21 December 2023

Available online: 15 January 2024

Subject Heading: CONTROL AND AUDIT

JEL Classification: А19, К42, М49

Pages: 85–99

https://doi.org/10.24891/ia.27.1.85

Sergei A. ZVYAGIN Voronezh State University (VSU), Voronezh, Russian Federation
patzv@mail.ru

https://orcid.org/0000-0001-8232-4049

Natal'ya Sh. PONOMARENKO Donetsk State University (DonSU), Donetsk, Donetsk People's Republic, Russian Federation
n.ponomarenko369@mail.ru

https://orcid.org/0000-0002-8511-5450

Inna E. STRYGINA Voronezh Institute of Ministry of Internal Affairs of Russian Federation, Voronezh, Russian Federation
Strigina.in@yandex.ru

https://orcid.org/0009-0008-7327-7314

Subject. This article examines the theoretical and practical issues related to the understanding of the object of financial control, such as Economic Entity, Business Entity, Enterprise, Firm, Organization, etc.
Objectives. The article aims to carry out a terminological analysis in relation to the categories similar to the concept of Economic Entity within the framework of financial control; make proposals for the unification of the categories of Economic Entity, Business Entity, Enterprise, Firm, Organization in the formation of the results of financial and control activities for the purposes of civil, criminal, arbitration, and administrative proceedings.
Methods. For the study, we used the systems and logical approaches, and the general scientific cognition methods.
Results. Based on the categorical and terminological analyses, the article makes proposals for the elimination of contradictions in terms of the formation of a unified approach to the definition of the object of financial control.
Conclusions and Relevance. The proposals made to eliminate contradictions in regulatory documents and reference literature in order to form a unified approach to determining the object of financial control will help reduce risks when conducting control, audit, verification and expert activities on the most important problematic issues of interaction with civil, criminal, arbitration, and administrative processes. The results of the work carried out can be used in the activities of control and audit offices, forensic units, audit organizations and tax authorities during examination, control and audit, when the conclusions obtained can be the subject of civil, criminal, arbitration, and administrative proceedings.

Keywords: economic entity, business entity, enterprise, firm, organization, financial control, illegal economic actions

References:

  1. Egorov M.V., Pimenov D.M., Suglobov A.E., Demina T.Yu. [Analytical tools as a base of the effective work of internal auditors and internal control specialists]. Uchet. Analiz. Audit = Accounting. Analysis. Auditing, 2022, vol. 9, no. 3, pp. 78–84. (In Russ.) URL: Link
  2. Zvyagin S.A., Fomenko T.N. [Analyzing the protective functions of accounting and traces of illegal economic actions]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2018, vol. 17, iss. 7, pp. 1302–1317. (In Russ.) URL: Link
  3. Izmailov M.K. [Shadow entrepreneurship in Russia: causes and consequences]. Vestnik VGU. Seriya: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2022, no. 3, pp. 86–99. URL: Link (In Russ.)
  4. Klychova G.S., Bagaev I.V., Poplaukhina T.D. [Designing a system of control over management reporting indicators]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 5, pp. 478–499. (In Russ.) URL: Link
  5. Korobeinikova L.S., Cherkasova K.A. [In-process inspection as part of the management system of a corporate organization]. Vestnik VGU. Seriya: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2022, no. 2, pp. 18–28. (In Russ.) URL: Link
  6. Merzlyakova E.S. [Reliability of reporting information from the standpoint of Yaroslav Sokolov's Accounting Paradox Theory]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 3, pp. 339–358. (In Russ.) URL: Link
  7. Chaikovskaya L.A. [Tools of the digital economy as methods to ensure the reliability of financial statements]. Uchet. Analiz. Audit = Accounting. Analysis. Auditing, 2022, vol. 9, no. 3, pp. 6–13. URL: Link (In Russ.)
  8. Dooley K., Gupta A. Governing by Expertise: The Contested Politics of (Accounting for) Land-Based Mitigation in a New Climate Agreement. International Environmental Agreements: Politics, Law and Economics, 2017, vol. 17, no. 4, pp. 483–500. URL: Link
  9. Bryan D., Liu M.H.C., Tiras S.L., Zhuang Z. Optimal versus Suboptimal Choices of Accounting Expertise on Audit Committees and Earnings Quality. Review of Accounting Studies, 2013, vol. 18, no. 4, pp. 1123–1158. URL: Link
  10. Chen M.-Ch., Chang Ch.-W., Lee M.-Ch. The Effect of Chief Financial Officers' Accounting Expertise on Corporate Tax Avoidance: The Role of Compensation Design. Review of Quantitative Finance and Accounting, 2020, vol. 54, no. 1, pp. 273–296. URL: Link

View all articles of issue

 

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

Journal current issue

Vol. 27, Iss. 2
February 2024

Archive