Subject. This article examines the methods of management accounting for the formation of net value added, fictitious and real capital of an organization and their reflection in reporting, as well as universal methodological approaches to accounting and assessing the effectiveness of the organization's capital circulation. The accounting system of the Republic of Belarus served as the basis for the study. Objectives. The article aims to develop methodological recommendations on management accounting of net value added, fictitious and real capital, which have both theoretical and practical significance for improving the efficiency of managing an organization’s equity capital. Methods. For the study, we used a systems approach, structural and logical modeling, grouping, systematization, and generalization. Results. The article demonstrates the possibility that, using special accounting methods, it is possible to track, group and systematize not only a standard set of data on the value of assets, liabilities, equity, income and expenses, but also to form indicators at the level of individual business entities that, in terms of their calculation methodology, are as close as possible to macroeconomic indicators of economic growth, in particular, to net value added. The article also examines the algorithm for forming indicators of net value added, fictitious and real capital in accounting and reporting. This accounting method can help obtain not only the net value added indicator in monetary terms, but also assess the sources from which it was formed, that is, whether the amount of net value added is provided by cash or is still in the accounts receivable stage. Conclusions and Relevance. The developed methods for accounting and analyzing the fictitious and real capital of an organization have not only scientific but also practical significance, since the proposed approach can help demonstrate the real factors of economic growth. The results obtained can be applied in the theory and practice of management accounting and economic analysis of both Belarusian and Russian organizations.
Keywords: management accounting, capital circularization, real capital, fictitious capital, net value added
References:
Dem'yanova O.V., Runova E.V., Vdovina S.D., Sadykova D.R. [Theoretical and methodological aspects in the process of added value formation (Russia, Kazan)]. Problemy sovremennoi ekonomiki, 2016, no. 4, pp. 72–76. (In Russ.) EDN: YSDEIH
Trenev N.N. [Added value as a basis for economic security]. Natsional'nye interesy: prioritety i bezopasnost', 2013, vol. 9, iss. 14, pp. 33–40. (In Russ.) EDN: PYDKCZ
Turygin O.M. [The impact of the structure of added value of Russian economy sectors on achieving the goal of technological independence]. Finansovyi biznes, 2024, no. 12, pp. 78–81. (In Russ.) EDN: TWCMHV
Pankov D.A., Lagunovskaya E.O. [Project (fair) pricing based on the "golden ratio" principle]. Bukhgalterskii uchet i analiz, 2025, no. 8, pp. 17–26. (In Russ.) URL: Link
Pankov D.A., Lagunovskaya E.O. [Comparative analysis of capital turnover and the duration of turnover of price elements (revenue)]. Bukhgalterskii uchet i analiz, 2025, no. 11, pp. 35–45. (In Russ.)
Lagunovskaya E.O. [Management accounting in the controlling system]. Bukhgalterskii uchet i analiz, 2023, no. 7, pp. 33–38. (In Russ.) URL: Link
Lagunovskaya E.O. [Management accounting as the basis of management analysis]. Bukhgalterskii uchet i analiz, 2024, no. 6, pp. 9–15. (In Russ.) URL: Link
