Engineering Accounting: A Practical Aspect

The article is devoted to the improvement of methodical approaches to the use of accounting engineering in the practical activities of Ukrainian enterprises. The background and causes of appearance of accounting engineering were disclosed. An example of the use of mechanisms and tools of accounting engineering in the process of forming accounting and analytical information for managing business processes of an enterprise was given. In particular, a Report on the implementation of budgets for the business processes, Register of financial and economic operations on hedging of risks by instruments of accounting engineering, Monitoring "Derivative Balance Sheet" were compiled. An assessment of the costs of the business processes of the basic and advanced versions of the apple juice production at a pilot plant was carry out. It was determined that the key information elements of accounting engineering are: 1) definition, identification and classification of business management processes as "centers of accounting for financial situations"; 2) work plan of aggregated mega-accounts, aggregated double-entry; 3) accounting engineering tools; 4) accounting registers; 5) the result of the accounting is the definition in the reports of indicators of net assets and net liabilities. The mechanism of accounting engineering covers four groups of operations: 1) operations to adjust the historical value of assets to market (fair) value; 2) hedging operations (protection) against the risks of adjusted balance; 3) operations with existing risks; 4) operations with possible expected, hypothetical realization and repayment of long-term and short-term liabilities - to determine the value of net assets and net liabilities as indicators of the risk-taking financial activity of the enterprise. As the results of the study shows, thanks to use of engineering tools, accounting from the fixer of economic and financial operations becomes a mechanism for managing the enterprise.