Golovashchenko O. Informational, structural and methodical means of financial reporting formation

The present dissertation is devoted to the research into the further improvement of the informational, structural and technical means of financial reporting. The work reveals the elements of modern financial reporting, formed under the influence of different theories of balance sheet keeping art and identifies approaches to obtaining correct information by means of integrating concepts of static and dynamic interpretation of a balance sheet. The work suggests methodological approaches to information interpretation, the basis of its formation being creative initiative of information providers, which enables the auditor to meet the needs and interests of definite financial reporting users under the conditions of multiple balances sheets existence. The definitions of accounting principles and financial reporting were further developed; their dependence on accounting aims, external economic environment and methods enterprise's accounting policy making were grounded. The following was further improved: structural and technical approaches to making financial reporting on the basis of optimization of mutual links and interdependences of information flows and general management functions; accounting principles system; the system of quality characteristics of financial reporting. Financial reporting interpretation methods were developed, those having the formation base to be their providers' creative initiative. Recommendations targeted at refining structure and content of financial reporting basic forms.