Davidyuk T. Double entry in Accounting: Theory and Practice of Implementing

Object of research: business transactions and the ways of their reflection in accounting. The purpose of research - the theoretical grounding of the role and meaning of double entry in accounting, working out the principles of its practical implementation while modeling and computerization of accounting process. Methods of research: induction, deduction, theoretical generalizing, grouping, comparison, historical-logical, analysis, synthesis. Theoretical and practical results: the urgent problems relating to improvement of theory and practice of double entry usage in accounting have been researched and solved. The research results may be used in the author's publications, the teaching materials and conference reports as well as in the activity of the enterprises of the food industry. Research novelty: lays in the theoretical grounding and generalizing of existing accounting theories and basing on dialectic character of the business events forming the law of duality, which is functioning in accounting and is causing its method usage, as well as in solving of the complex of practical issues concerning the double entry display under the conditions of accounting process modeling and computerization. The research novelty consists in: the economic and legal definition of double entry essence has been clarified; the historical conditions, and the ways of double entry development as well as the reasons and factors which caused the double entry appearing in accounting has been systemized; it has been proved that among the existing ways (triple entry, four-time entry) double entry is optimal and sufficient way of business transactions registration; the grounding of the law of duality functioning under the new business conditions has undergone the further development; the macroprocedure descriptions of business transactions with using the algorithms of data proceeding have been worked out; the methodic approaches toward the enterprises' business processes modeling have been offered. Extent of implementation: the research results are used in activity of the food-industry enterprises of Zhytomyr region (the subsidiary enterprise "Ruzhyn-moloko" and Joint-stock company "Kornynsky tsukrovy zavod"); in teaching process of ZSTU while teaching such disciplines as "Accounting Theory", "Accounting Information Systems and Technologies", "Scientific research in Accounting", as well as writing monograph in co-authorship "Double entry in Accounting: historical-theoretical aspect". Effectiveness: to provide forming of accounting entries from the number of alternative accounts correspondences, which are adequate to economic nature of business transactions and their legal form. Sphere (branch) of usage: economic activities of enterprises of all forms of ownership and business