Influence of accounting rules for financial instruments on indicators of economic analysis

Abstract

Accounting of any object provides information to reflect this object in the financial statements. Indicators of financial statements serve as the basis for calculating indicators of economic analysis, allowing to give an objective assessment of the activities of organizations. At the same time, changes made to accounting standards may lead to changes in the accounting rules for certain items. This may affect the value of these objects in the reporting, which in turn may lead to changes in the value of certain indicators of economic analysis. The value of the objects reflected in the statements may also be influenced by the organization’s choice of one or another option for accounting for the object permitted by accounting standards. This article examines the impact on the indicators of economic analysis of the rules for accounting for financial instruments of organizations. The significance of these objects in the modern activities of organizations, including healthcare organizations, is steadily increasing. At the same time, the rules for accounting for financial instruments can currently be changed (this is evidenced by the Russian accounting reform program). There are also problems in the choice of options for accounting for financial instruments by organizations on the basis of existing accounting standards. All this may affect the calculation of economic analysis indicators, including the values of financial instruments. This determines the relevance of studying the dependence of economic analysis indicators on the value of financial instruments formed in the reporting of organizations. The research methods were comparison, analysis, synthesis, grouping method, systemic and logical approaches. As a result of the study, the aspects of accounting of financial instruments that affect the indicators of economic analysis have been identified, and this influence has been systematized.