Theory and practice of accounting

Abstract

Purpose: the authors consider the theory and practical application of techniques and methods in accounting at modern Russian enterprises. Accounting is the one of the promising areas of accounting, control and planning of economic activities. Discussion: the authors notice that the term accounting is more common in scientific and educational literature currently. The various authors interpret the accounting differently. Some think that accounting is exclusively maintenance of bookkeeping, others add to its functions the implementation of the control. The authors of this article think that the accounting as a field of activity combines the maintenance of bookkeeping, audit procedures and implementation of planning in economic activities of the organization on the basis of reliable information. Results: the authors highlighted the users groups of accounting products and normative documents for the implementation of the accounting procedures. The writers considered the implementation principles of accounting procedures and allotted the types of accounting.