Gorodysky M. Accounting and internal control of transactions on contractor agreements: organization and methods.

Scientific novelty of the obtained results lies in the grounding of the theoretical organizational and methodical statements as well as developing practical recommendations on improving organization and methods of accounting and internal control of transactions on contractor agreements. The main statements of scientific novelty lie in the following: for the first time issues as follows have been obtained: theoretical grounding of the kinds of rights for using someone else's property (right in rem), which emerge under contractor agreements, for the purposes of accounting and control (on the basis of payback, maturity, setting the grounds, facilities charges), which make it possible to increase the higher level of information support of accounting and reporting data for the needs of efficient management; issues as follows have been improved: requirements to the content and the list of reporting indexes on transactions under contractor agreements, in the part of internal (Report on contractor agreement execution) and financial (Notes to Financial Statements) reporting, which allows to satisfy users' information needs concerning the performance results and assists in carrying out more efficient control over the concluded agreements; methodic support of internal control over the transactions on contractor agreements by singling out the admissibility criteria for internal control methods, factors influencing it and working out approaches towards building up classification and situational methods of control over contractor agreements; methodical approaches to accounting reflection of transactions on contractor agreements, stemming from their special conditions in the part of accounting reflection of the rights for using someone else's property (right in rem) as a part of expenses and off-balance accounting objects; the following issues undergone further development: organizational grounds of internal control of transactions on contractor agreements by defining the stages of the business process, which are subjected to control; development of the matrix of objectives of internal control from customer's and contractor's side; specification of the subject and object of control depending on its type (accounting, legal, technical, quality control); statements of accounting policy concerning the transactions on contractor agreements (methods of determining revenues and expenses for contracting organization depending on the customer's needs and terms of contract execution), which serve as a basis for improving organization of keeping records at the parties of a contractor agreement; grounding of the accounting objects determined by the conditions of a contractor agreement on the whole and its specific conditions, in particular in the part of singling out the rights for using someone else's property (right in rem), which assists in increasing the higher level of information support of accounting data; determination of the list of special conditions of a contractor agreement on the basis of specifying the essence of the concepts "contractor agreement" and "construction agreement", which allowed to determine their influence on the accounting system.