Formation of a systematized information about the corporation's own capital

Abstract

Importance: own capital is the most important source that ensures the sustainability of the corporation. Methods for the formation and movement of own capital are contained in a number of documents in the field of accounting regulation: federal laws, federal accounting standards, regulations of the Central Bank of the Russian Federation, recommendations in the field of accounting. The absence of references in regulatory documents regarding possible directions for the formation and use of equity capital suggests the formation of an accounting policy based on professional judgment. Theoretical and practical aspects of accounting for equity capital are presented in the article. Purpose: the result of the study clarifies the possibility of using accounting methods contained in documents in the field of accounting regulation, details provisions on the subject, demonstrates additional possibilities for systematizing information, and expands the range of ideas about the object of research. Research design: the study proposed a number of areas for using the corporation’s own capital that are not reflected in documents in the field of accounting regulation, and expanded methods for systematizing and disclosing information about the corporation’s own capital. Results: the equity capital of a corporation is one of the complex objects of accounting, because includes receipts from shareholders in payment for shares, share premiums, exchange rate differences on contributions from founders that constitute additional capital. Valuations of long-term assets at revalued values and calculations of depreciation form equity capital in terms of amounts of revaluation and depreciation of assets. In the practical activities of corporations, a problematic issue is increasing the authorized capital at the expense of the revaluation reserve, which can subsequently be used to cover the decrease in the value of non-current assets. Problematic in accounting is the procedure for using the share premium received during the placement of shares for the repurchase of shares by the joint-stock company, and the use of retained earnings for financial support of the production development of the corporation. The systematization of information that allows one to interpret changes in the corporation’s equity capital should be disclosed in management reporting formats.