Lebedzevich Y. Financial results and control in the accounting system: methodology and practice

The organizing of accounting and method of financial results definition of the dairy-factories of Zhitomir region. The purpose of research: the grounding of theoretical and methodical concepts and also working out the practical recommendations concerning development for improvement of financial results accounting and control in modern business conditions. Methods: induction, deduction, theoretical generalizing, grouping, comparison, system approach, analysis, synthesis, scientific abstract, statistical methods. problems relating to improvement of methodological and practical issues concerning accounting and control of financial results transactions were researched and resolved. The results of investigation may be used in author's publications, teaching materials and conference reports as well as to provide guidance for enterprises relating to accounting of financial results. Research novelty: consist in theoretical substantiation and resolution of a number of issues concerning improvement of financialresults accounting and control. The research brought the following results: it is the first attempt to summarize and to systemize historical experience of accounting of income and financial results taking into consideration the role and meaning in market; the economic nature of profit is detalized; the further development of explaining the trends of improvement of financial results accounting for the purpose of meeting the requirements of economic information users is run; the ways of improvement of accounting of using the profit and its reflection in financial statements are offered, the program of audit research of financial results and classificator of typical deviations, which can be found while auditing accounting transaction of income and financial results are developed, the perspective trends of improvement of financial results accounting in computerized accounting system are also offered. Extent of inculcate: the research results are used in activity of the dairy-factories of Zhitomir region and in teaching such disciplines as "Financial Accounting", "Accounting and Auditing", "Financial, statistical and fiscal statements" at ZIET. Effectiveness: ensures fair representation of financial results transactions in accounting and enables to maintain control over such transactions. Sphere, branch of using: economic activities of enterprises of all forms of ownership and business