Теоретичні та прикладні
питання економіки. Збірник наукових праць. Випуск 1/2 (40/41)
JEL M10, M41, D81, G32
ORCID ID: 0000-0001-5181-8652
ORCID ID: 0000-0003-0971-1303
DOI https://doi.org/10.17721/tppe.2020.41.6
L.V. Gutsalenko
Doctor
of economics, Professor
Professor
of the Accounting and Taxation Department
National
University of Bioresources and Natural Resources of Ukraine
U.O. Marchuk
PhD
in economics, Associate Professor,
Associate Professor of Accounting and Taxation Department,
Kyiv National Economic University named after Vadym
Hetman
THE
INFLUENCE OF ACCOUNTING RISKS ON THE QUALITY OF INFORMATION
The evolution of risk theory
and its interpretation by economists of the neoclassical school are considered.
The reasons that give rise to business risks are identified. It is emphasized
that risk is objective, but correlated with subjective uncertainty or objective
correlation of subjective uncertainty. The focus is on the impact of risk on
the formation of performance of economic entities. It is proved that risk
minimization is impossible without the availability of timely and reliable
information about changes in the market environment, which is provided by
accounting for the facts of economic situations. Accounting risks have been
identified as an integral part of business risks.
It is proved that in order
to achieve efficient management, control is one of the important functions in
the management system, because it combines accounting, analysis, forecasting,
regulation of enterprises. It was found that control can be considered as a
management function, and internal control (audit), which ensures the
effectiveness of the control function of accounting - as a subsystem of
accounting. It is determined that in order to minimize risks and ensure the
usefulness of accounting information to users, it should have the following
main characteristics: be objectively prepared (registration and reporting of
accounting transactions should be presented from a neutral point of view,
without any prejudices that could create the reader has a misconception about
the financial condition, results or cash flows of the business); have a
sequence of recording (fixation of information with consistent application of
accounting standards, and presentation of consolidated results equally for all
presented periods); the accountant prepares financial statements that contain
specific information necessary for management to make a decision; be reliable
and complete.
It is noted that
strengthening the effectiveness of the control function of accounting is
possible under the condition of functioning in the management system of the
internal audit service. The basic imperatives for reducing accounting risks are
modeled. The strategic components that improve the quality of accounting
information are identified.
Key
words:
information quality, risks, accounting risks, internal audit system,
information risk, risk management.
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