Rethinking the issues of accounting procedure and registers in the theory of accounting under the influence of practical realities

Abstract

Purpose: to increase the practical significance of certain issues of the theory of accounting, adapting them to the peculiarities of automation of the accounting process. Discussion: the theory of accounting was developed decades ago, when accounting was conducted manually on paper and was not automated. At the same time, the content of textbooks and manuals demonstrates that it is not radically revised, which has led to its lag in a number of aspects from real accounting practice. This lag is most pronounced in matters of the implementation of the accounting procedure when making entries in the accounting registers and correcting errors in them. Results: the author's recommendations on rethinking the issues of the procedure for recording in accounting registers and ways to correct errors in them are substantiated and original fragments of the theory of accounting corresponding to modern practical realities are presented.