CAPITAL AS A SUBJECT OF ACCOUNTING ACCOUNT: HISTORICAL DEVELOPMENT OF VIEWS AND EVOLUTION OF THE SCIENTIFIC OPINION

Olesia Lemishovska

Abstract


Introduction. Effective and rational management of enterprise capital in economies of any type is impossible without objective, comprehensive and formalized accounting and reporting information. Taking into consideration this fact that in today's accounting there are numerous unresolved problems regarding the objective expression of the value of capital and its representation in the financial statements, research in this area is considered relevant. The hypothesis of this research is the assumption of the existence of important and relevant for modern theory and practice of ideas in past developments. The aim of the study is to generalize the genesis of views on the content of the study definition by representatives of economic and accounting schools, the critical analysis of accounting practices and the development of accounting theory and concepts  evolved during the evolution, some aspects of which can be used to improve the modern accounting of enterprise capital. Methods. Methods of studying the evolution of theory and practice of accounting for capital are based on general scientific methods, which are used with the use of the dialectical approach - the methods of historiographical generalization and systematization, as well as with the use of scientific knowledge methods: observation - to clarify the essence of capital as an object of accounting in the context. general economic category; abstraction and concretization - to assess the historical accounting experience of capital and its components; methods of abstract-logical knowledge, as well as grouping, comparison, generalization - in the analysis and evaluation of the conceptual and methodological foundations of different accounting paradigms in the theory of capital. Results. According to the results of the study of the evolution of theoretical-methodological and organizational-practical principles of capital accounting, certain approaches identified in past experiences that could positively affect the development of modern capital accounting. The historiographical analysis systematized and evaluated the strengths and weaknesses of the main balance theory to the positioning of capital as a category of accounting, the problem of methodological principles regarding the objective expression and cost reflection in accounting and presentation in the financial statements of this object was determined. Some ideas of past work that are expedient to use in modern researches are formulated and substantiated. Discussion. The obtained theoretical and applied recommendations can be used to improve the existing approaches to capital accounting, in particular, a promising direction for improving capital accounting, the feasibility of using the ideas of the organic balance theory in relation to the construction of a balance format with an orientation on "reproductive cost of an enterprise" and econometric - with regard to accounting approaches to the estimation of "ideal values" and material assets in case of loss of productive capital power.

Keywords


accounting; capital; assets; sources of funds formation; liabilities; methodology; theory; concepts

Full Text:

PDF>PDF

References


Yaremko, I.Yo. (2014). Capital as generic concept of economics and accounting: the content of category, the problems of formalization and management. Economics, Entrepreneurship, Management, Volume1, Number 1, 51-54. [in Ukrainian].

Kafka, S.M. (2017). Capital: Accounting Approach. Molodyi vchenyi [Young scientist], 3 (43), 668-674. [in Ukrainian].

Kvasnytska, R.S., (2005). Upravlinnia tsilovoiu strukturoiu kapitalu pidpryiemstva [Management of the target structure of enterprise capital] (Extended Abstract of Cand. Econ. Sci. Diss.). Khmelnitsky National University, Khmelnitsky, Ukraine. [in Ukrainian].

Kaminska, T.G., Czaruk N.G., Ilchak, O.V., Garapko, N.I., & Melnyk, Z. Yu. (2015). Aktyvizatsiia kruhooborotu kapitalu: oblikovo-kontrolnyi aspekt: monohrafiia [Activation of the circle of capital: the accounting and control aspect]. Kalinska, T.G. (Eds.). Nizhyn: PP Lysenko M.M. [in Ukrainian].

Tsygankov, K.Yu. (2009). Teorija i metodologija buhgalterskogo ucheta kapitala: avtoref. dis. … doktora jekonomicheskih nauk [Theory and methodology of accounting of capital] (Extended Abstract of Dr. Econ. Sci. Diss.). Siberian Academy of Finance and Banking, Novosybyrsk, Russia. [in Russian].

Nazarenko, I.M. (2015). Rozvytok katehorii «kapital»: istorychnyi dyskurs z pozytsii oblikovoho aspektu [Development of the category "capital": historical discourse from the point of view of accounting aspect] Naukovyj visny`j Xersonskoho derzhavnogo universytetu, Seriya: Ekonomichni nauky [Scientific Bundle of Kherson State University, Series: Economic Sciences], 11, part 2, 134-140. [in Ukrainian].

Pylypenko, L.M. (2016). Systema publichnoi zvitnosti korporatsii v umovakh postindustrialnoi ekonomiky [The system of public reporting of cooperatives in a post-industrial economy] (Extended Abstract of Dr. Econ. Sci. Diss.). National Academy of Statistics, Accounting and Audit, Kyiv, Ukraine. [in Ukrainian].

Sopko, V.V. (2011). Problems of accounting of objects of capital Vcheni zapysky. Zbirnyk naukovyh prats Universytetu «KROK», 27, P. 2, 82-86. [in Ukrainian].

Palyi, V.F. (2007). Theory of Accounting: Modern Problems. Buhalterskyi uchet [Accounting]. [in Ukrainian].

Kuter, M., Gurska, M., & Kuter, K. (2011). Vynyknennia i rozvytok podviinoho zapysu [The emergence and development of a double entry]. Buhgalterskyi oblik i audyt, 11, 38-45. [in Ukrainian].

Bielousov, M.O. (2011). Genesis of the "capital" category: economic and accounting interpretation. Visnyk ZhDTU [Journal of ZHDTU], 1(55), 18-26. [in Ukrainian].

Shumpeter, I. A. (2001). Istoriya ekonomicheskogo analiza [History of Economic Analysis]. Avtonomova (Eds.). (Vols. 1-3). Moskow: Ekonomicheskaya shkola. [in Russian].

Marks, K., & Engels, F. Sochinenie [Composition]. (Vols. 24). [in Russian].

Lovinska, L.H. (2007). Otsinka v suchasnii systemi bukhhalterskoho obliku pidpryiemstv Ukrainy [Estimation in the modern accounting system of Ukrainian enterprises] (Extended Abstract of Dr. Econ. Sci. Diss.). Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine. [in Ukrainian].

Slozko, T.M. (2007). Kapital: obiekt obliku chy instrument yoho orhanizatsii [Capital: the object of accounting or the tool of its organization]. Bukhhalterskyi oblik, 11, 128-137. [in Ukrainian].

Khomyn, P. (2010). Dvoistist operatsii ta yikhnii podviinyi zapys: vytoky y tlumachennia [Duality of operations and their double entry: origins and interpretation]. Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu [Visnyk of Ternopil National Economic University], 4, 111-121. [in Ukrainian].

Koriahin, M.V., & Kutsyk, P.O. (2015). Kontseptualnyi rozvytok metodolohii obliku [Conceptual development of accounting methodology]. Lviv: LKA. [in Ukrainian].

Pacholі, L. (2001). Traktat o schetakh i zapisyakh [Treatise on accounts and records]. Moskow: Finance and Statistics. [in Russian].

Paliy, V.F., & Sokolov, Ya.V. (1988). Teoriya bukhgalterskogo ucheta [Accounting Theory]. (2nd ed.). Moskow: Finance and Statistics. [in Russian].

Horbachevskyi, V. (1946). Kurs bukhhalterii [The course of accounting]. Munich. [in Ukrainian].

Ciompa, P. (1910). Grundrisse einer öekonometrie und die auf der Nationalökonomie aufgebaute natürliche theorie der buchhaltung; ein auf Grund neuer ökonometrischer Gleichungen erbrachter Beweis, dass alle heutigen Bilanzen falsch dargestellt werden Verlag des Handelsschulvereines in Lemberg / Paweł Ciompa. – Lemberg: Druck von Artur Goldman in Lemberg, 1910.

Yaremko, I. Yo. (2002). Ekonomichni katehorii v metodolohii obliku: monohrafiia [Economic categories in the accounting methodology: monograph]. Lviv. [in Ukrainian].




DOI: https://doi.org/10.35774/ibo2018.01.007

Refbacks

  • There are currently no refbacks.





Ліцензія Creative Commons"Scientific Club "SOPHUS"
State Agrarian and Egineering University in Podilya
Ternopil National Economic University