Improving the organization of share capital analytical accounting
The research subject is a set of theoretical, methodological and organizational aspects of share capital accounting in agricultural production cooperatives. The aim of the work is to substantiate the methodological basis for share capital accounting, to identify its features, to develop proposals for its improvement. The methodological basis of the article are the general scientific and special economic and accounting methods of scientific knowledge: monographic, generalization, system and structural analysis and synthesis, grouping, graphic, accounting records, double entry, financial reporting. The results of the work.In the article the regulatory legal and organizational support of agricultural cooperatives activities, the methodology of their activities accounting and the specific features of reflection in accordance with the International Financial Reporting Standards aresubstantiated. The most typical operations that determine the characteristics of accounting for the cooperative form of management are considered. The possible ways of the enterprise accounting improvement by improving the organization of share capital analytical accounting are proposed. The field of application of results. The results of the study can be used for accounting and control of agricultural production cooperatives activities. They are also a prerequisite for designing strategies of their development and management. Conclusions according to the article. The content and features of the accounting methodology in cooperative entities are determined by the features of formation and changes of individual components of their equity, in particular share capital and retained earnings (uncovered loss), as well as by the emergence of new objects of accounting and economic relations. Share capital is the economic basis for cooperatives the existence. Therefore, we have proposed our own version of analytical accounting of share capital and cooperative members’ contributions. The format of “Share Accounting Book” used by most of the agricultural cooperatives investigated, does not fully correspond to the information needs of users. Therefore, it was proposed to improve this form of analytical accounting register. To organize the analytical accounting of land ownership, one should use the separate books for land registration. That will provide cooperative management and members with the detailed information onthe land ownership volume and dynamics for the whole business and in relation to its co-owners.
2. Plaksiienko, V. Ya., Marmul’, L. O., Marenych, T. H. & in. (2014). Bukhhalterskyi oblik u vyrobnychykh ta ahroservisnykh kooperatyvakh [Accounting in production and agro-service cooperatives]. Kyiv :Tsentr uchbovoi literatury, 448 s. (in Ukr.).
3. Ihnatenko, M. M. & Novak, N. P. (2018). Novi vymohy normatyvno-zakonodavchoho zabezpechennia obliku, otsinky ta opodatkuvannia vykorystannia zemelnykh resursiv. [New requirements of normative and legislative support of accounting, estimation and taxation of land use]. Ekonomika ta derzhava: nauk. Zhur - Journal "Ekonomika ta derzhava" a special journal in Ukraine on economics, 2. 4-6. (in Ukr.).
4. Ulanchuk, V. S. & Oliadnichuk, N. V. (2006). Udoskonalennia pervynnoho obliku v ahrarnykh pidpryiemstvakh – vymoha sohodennia [Improvement of primary accounting in agrarian enterprises is a requirement of the present]. Oblik i finansy APK - Accounting and Finance Agroindustrial complex, 1. 120-124. (in Ukr.).
5. Yaremenko, M. I. (2010). Orhanizatsiino-metodolohichni aspekty obliku formuvannia i rukhu paiovoho kapitalu silskohospodarskykh vyrobnychykh kooperatyviv [Organizational and methodological aspects of accounting for the formation and movement of share capital of agricultural production cooperatives]. URL : ir.kneu.edu.ua/bitstream/2010/1212/1/Yaremenko.pdf
This work is licensed under a Creative Commons Attribution 4.0 International License.