Development of economic views in the field of remuneration and the modern approaches to its accounting

Abstract

Subject. This article analyzes the development of economic views on the theory of remuneration, and it also considers the methodological aspects of accounting processes for the formation and disclosure of information on remuneration to employees in reporting. Objectives. The article aims to consider changes in the views of society on the wages of employees, and justify the need to develop and adopt the Federal Accounting Standard FSBU – Employee Benefits in accordance with international standards. Methods. For the study, we used analysis and synthesis, comparison, logical generalization, and the systems approach. Results. The article systematizes the main theoretical approaches to the study of issues in the field of remuneration, identifying the main differences and common features of the theories of remuneration. The article also presents a comparative description of Russian and international standards on the accounting of remuneration to employees and justifies the need to develop and adopt the FSBU – Employee Benefits in accordance with international standards. Conclusions and Relevance. The theories of wages outlined in the article characterize the order of development of economic theory in the field of remuneration, as well as changes in the judgments of society that influenced the nature of the development of relations between the employee and the employer. The results of the study can be used for the theoretical study of the issue, as well as in the practical activities of an economic entity in the context of sustainable business development.