Organizational aspects of accounting at the enterprise

Abstract

Organization of accounting at the company is a complex and multifaceted process that requires not only professionalism on the part of the accountant, but also compliance with the requirements of the law and the rules for organizing accounting. Accordingly, the organization of accounting at a company in Ukraine requires a deep understanding of the requirements of the law and the company’s own needs. The choice of the optimal method of accounting depends on the business model, the scale of the enterprise and available resources, which contributes to the effective management of business processes and responsible preparation of financial statements. This is an important component of the company's activities, which are regulated by the Law of Ukraine «On Accounting and Financial Reporting». According to this law, the owner of a company has the right to choose the method of accounting depending on his or her needs and the conditions in which the company operates. Organizational issues also include determining the types of financial, tax, and statistical reporting the company will submit. This is determined by the type of ownership, organizational and legal form of the company, its size and scope of activities. Well-organized accounting guarantees the accuracy of records and the constant reflection of business transactions during the reporting period. When organizing accounting at an enterprise, various problematic issues may arise that need to be avoided or resolved to ensure the accuracy and efficiency of accounting. Such issues include those related to the organizational structure of accounting, technologies and methods of accounting. Solving the problems of the organization of accounting at an enterprise involves implementing an effective organizational structure, establishing accountability, providing sufficient staff qualifications, using modern technologies and regularly updating accounting policies and procedures. In general, the organizational aspects of accounting at an enterprise are determined by the need for high quality information flows, ensuring compliance with legal requirements and optimizing internal processes. Proper organization of accounting contributes to strengthening the financial stability of the company and increasing its competitiveness in the market.