METHODICAL APPROACHES AND ORGANIZATION OF ACCOUNTING AND AUDIT OF OWN CAPITAL OF THE ENTERPRISE

Abstract

The basis of sustainable growth and financial stability of each business entity is their own capital. The main source where the necessary information is stored and systematized is accounting. Equity is one of the most important and important indicators, as it serves as a source of long-term financing, ensuring the creditworthiness of the enterprise, sources of risk financing, ensuring the independence and leadership of business organizers. The structure and efficiency of the use of equity of the enterprise directly affect the formation of the welfare of its owners. The amount of equity can affect the image and investment attractiveness of the entity. The purpose of equity accounting is to obtain true and unbiased information about equity, which is necessary for internal and external (investors, creditors) users in order to make appropriate management decisions. The main purpose of the audit of equity – to establish the accuracy of primary data on the formation and use of equity, completeness and timeliness of information in primary and consolidated documents and accounting registers, the correctness of accounting for equity in accordance with the constituent documents and accounting policies. enterprise reporting. Making economically sound decisions that increase financial performance and form the basis of stable operation of the enterprise is impossible without understanding the economic essence of "equity" as an object of accounting and auditing. It should be noted that accounting at each stage of economic development is largely determined by the current economic mechanism, the processes of which it reflects and controls. At the current level of socio-economic development of the economy to make informed and balanced management decisions, management needs complete and reliable information about the financial and property status of their enterprise. Also, the efficiency of the enterprise to some extent depends on the rational organization of accounting for equity, the structure and dynamics of which is the most important indicator that determines the financial condition of the enterprise. The process of equity formation is accompanied by a number of problems that affect the management aspect of financial decisions in the enterprise. The identified problems require further detailed elaboration both in theory and in practice and can be solved only if the current legislation is improved and certain forms of documents are developed.