Accounting measures carried out by a professional accountant

Abstract

The subject of the research is methodical approaches used by professional accountants to implement the functions of the accounting system. The purpose of the work is to identify the content of the tasks, the solution of which is entrusted by society to a professional accountant based on the performance of functions delegated to accounting. The methodology of the research is based on the use of general scientific and specialized methodological techniques. The analysis method was used to identify the tasks that a professional accountant must solve to implement the functions of the accounting system. On the basis of bibliographic research, relevant approaches proposed by scientists and practicing specialists to ensure the conditions for the development of the accounting profession were identified. The method of abstraction ensured the establishment of algorithmic features of measures that are implemented to achieve accounting goals. On the basis of modeling, the essence of the accounting interpretation of economic processes is revealed, which contributes to the disclosure of data that stakeholders of enterprises are interested in obtaining. The results of the research, their use and conclusions. It was established that the activity of professional accountants involves the implementation of a complex of identification, interpretation and evaluation measures. The result of identification measures is recognition by a professional accountant of the fact of the existence of the grounds necessary for the identification of the components of the subject area of accounting (assets, liabilities, equity, income and expenses). The above gives reason to state that the content of business operations in the context of accounting consists in changing the amount of assets and sources of their formation. Based on this interpretation, a professional accountant discloses both the company's activity itself and its results in reporting forms for a wide range of users. At the same time, any changes in accounting objects take place due to the recognition of their impact on the elements of equity capital based on the recognition of income and expenses. Evaluation measures performed by a professional accountant are aimed at obtaining characteristics of the volume of information that must be registered in the accounting system, its content and value, as well as its compliance with user’s expectations. The implementation of the specified measures by a professional accountant contributes to the implementation of behavioral, analytical and evaluation functions of the accounting system. The obtained research results can be used both in the practical activities of professional accountants and at various stages of their professional training and professional development.