STRATEGIC POLICY OF ACCOUNTING AND REPORTING OF ENTERPRISES
Nowadays it is the constant object for implementing improvements, which is substantiated by the development of the business management system in the context of their organizational structure’s and inter-firm relationship systems` amplification, increasing dynamism of the competitive environment. The relevance of the study of theoretical aspects and practical mechanisms for implementing strategic adjustments to the accounting and reporting policy of the enterprise is proved. The concept of strategic adjustment of the enterprise reporting policy is revealed. The role of accounting theory in the formation of the theoretical foundations of strategic accounting policy of the enterprise is analyzed. The role and purpose of strategic additional reporting in achieving the strategic goals of the enterprise are determined. The causal connections of understanding the information about the accounting policy as a source of formation of accounting signals for external users are revealed. The concept of additional disclosure of accounting information of the enterprise as the transfer of information through additional forms of reporting, which goes beyond the current regulatory requirements or accounting standards set by the regulators of the national accounting system. The need for the formation of strategic accounting policy in the context of reporting based on the strategic objectives defined at the enterprise. The dependence of the achievement of the strategic goals of the enterprise on the disclosure of promising accounting information and on additional detailed or more complete information about its current and past activities is substantiated. General tendencies of further accounting system advancement to meet strategic management stakeholders` needs have been emphasized and proved.
2. Vakun, O.V. (2015). Teoretychni aspekty stratehichnoi bukhhalterskoi zvitnosti pidpryiemstva [Theoretical aspects of strategic accounting of the enterprise]. Problemy teoriyi ta metodolohiyi bukhhalterskoho obliku, kontroliu i analizu – Problems of the theory and methodology of accounting, control and analysis (issue 3(33)), 19–29. [in Ukrainian]
3. Holov, S.F. (2007). Bukhhalterskyi oblik v Ukraini: analiz stanu ta perspektyvy rozvytku [Accounting in Ukraine: an analysis of the status and prospects of development.]. Kyiv : Tsentr uchbovoi literatury. [in Ukrainian]
4. Agarwal, S., Chomsisengphet, S., Wang, Q. (2015). Strategic Information Disclosure and Bank Lending. Retrieved from https://www.researchgate.net/publication/314472914_Strategic_Information_Disclosure_and_Bank_Lending
5. Aobdia, D., Cheng, L. (2018). Unionization, product market competition, and strategic disclosure. Journal of Accounting and Economics, Vol. 65, Iss. 2–3, 331–357.
6. Elias, N. (1990). The Effects of Financial Information Symmetry on Conflict Resolution: An Experiment in the Context of Labor Negotiations. The Accounting Review, Vol. 65, No. 3, 606–623.
7. Gietzmann, M.B., Ireland, J. (2005). Cost of Capital, Strategic Disclosures and Accounting Choice. Journal of Business Finance & Accounting, Vol. 32, 599–634.
8. Gietzmann, M.B., Trombetta, M. (2003). Disclosure Interactions: Accounting Policy Choice and Voluntary Disclosure Effects on the Cost of Raising Capital. Accounting and Business Research, Vol. 33, No. 3, 187–205.
9. Horvat, R., Korošec, B. (2015). The Role of Accounting in a Society: Only a techn(olog)ical solution for the problem of economic measurement or also a tool of social ideology? Naše Gospodarstvo – Our Economy, Vol. 61(4), 32–40.
10. Lehenchuk, S., Zhyhlei, I., Syvak, O. (2019-2020). Understanding accounting as a social and institutional practice: possible exit of accounting science from crisis. Accounting and Financial Control, Vol. 3(1), 11–22.
11. Morrill, C., Morrill, J. Spraakman, G. (2018). Financial Reporting Choices and Labor Contract Negotiations: A Case Study in the University Sector. Accounting Perspectives, Vol. 17, Iss. 4, 589–621.
12. Patell, J.M., Wolfson, M. (1982). Good News, Bad news, and the Intraday timing of Corporate Disclosures. The Accounting Review, Vol. 57, No. 3, 509–527.
13. Stocken, Ph.C. (2013). Strategic Accounting Disclosure. Foundations and Trends in Accounting, Vol. 7, No. 4, 197–291.
14. Hutsailiuk, Z.V. (2006). Prohnoznyi (stratehichnyi) oblik i suchasni problemy rozvytku teorii bukhhalterskoho obliku [Forecast (strategic) accounting and current problems of the development of accounting theory]. Bukhhalterskii oblik i audyt – Accounting and auditing, 2, 14–19. [in Ukrainian]
15. Yershova, N.Yu. (2016). Rozvytok instrumentariiu dlia realizatsii prognostychnoi funktsii stratehichnogo upravlinskoho obliku v upravlinni pidpryiemstvamy [Development of tools for implementation of the prognostic function of strategic management accounting in the management of enterprises]. Ekonomika i suspilstvo – Economics and Society (issue 2), 694–701. [in Ukrainian]
16. Kryshtopa, I.I. (2016). Pobudova stratehichnogo obliku obiednanoho biznesu : dys. na zdob. nauk. stup. d.e.n. zi spets. 08.00.09 [Construction of strategic accounting of the combined business]. Bukhhalterskyi oblik, analiz ta audyt (za vydamy ekonomichnoi diialnosti) – Accounting, analysis and audit (by types of economic activity). Kyiv : DVNZ “KNEU im. V.Hetmana”. [in Ukrainian]
17. Kuz, V.I. (2016). Pobudova informatsiinoi systemy v konteksti realizatsii funktsii stratehichnoho upravlinnia [Construction of the information system in the context of the implementation of the functions of stategic control]. Visnyk Odeskoho natsionalnoho universytetu. Seriia: Ekonomika – Bulletin of the Odessa National University. Series: Economics (Vols. 21, issue 5), 191–195. [in Ukrainian]
18. Pylypenko, A.A. (2007). Orhanizatsiia oblikovo-analitychnoho zabezpechennia stratehichnoho rozvytku pidpryiemstva : naukove vydannia [Organization of accounting and analytical support for the strategic development of the enterprise : a scientific publication]. Kharkiv : KhNEU. [in Ukrainian]
19. Plikus, I.I. (2002). Stratehichnyi oblik yak instrument stratehichnoho upravlinnia pidpryiemstvom [Strategic accounting as a tool for strategic enterprise management]. Visnyk Ukrainskoi akademii bankivskoi spravy – Bulletin of the Ukrainian Academy of Banking, 12, 94–95. [in Ukrainian]