ACCOUNTING OF FORMATION OF FINANCIAL RESULTS IN TERMS OF RISK-ORIENTED MANAGEMENT
Abstract
Abstract. Managing the performance of a particular business entity in a competitive, changing external eco- nomic environment requires knowledge of information in terms of business risks. This necessitates the adaptation of the accounting system, which creates the information space of enterprise management, including risk-oriented approach to it. This led to the need to study the nature of the risks as a basis for determining the directions of improving the methodological provision of costs and incomes accounting as components of indicative performance indicators of the enterprise. The groups of accounts-indicators of potential benefits and threats for the enterprise have been determined taking into account the specific structure of the risks of business activity of the enterprise. The general procedure of displaying business risks in the accounts-indicators as the basis for managing their consequences for business entity from the position of relevant officials and developing a system of preventive measures in the future is determined.
References
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