Accounting in the Agricultural Service CooperativesJournal: Accounting and Finance (Vol.1, No. 66)
Publication Date: 2014-12-30
Authors : Mykhaylo Shynkarenko;
Page : 87-94
Keywords : agricultural service cooperatives; accounting; accounting policy; reporting; operating results taxation;
Due to the sufficient development of legal framework in Ukraine, recently the scope of agricultural cooperatives has expanded, that promotes social development of rural areas, job creation, reducing food prices. The article elucidates the principles of accounting and accounting policies in agricultural service cooperatives. Based on a written questionnaire for accountants, the conditions of accounting in agricultural service cooperatives are being assessed and its current methodological and methodical support is provided. The factors of internal and external environment that influence the formation of accounting policy for agricultural service cooperatives were defined. The relationship between accounting form and tax system and legal criteria for identifying agricultural service cooperatives was revealed. Results of the conducted study indicate the need for improving accounting and accounting policies in agricultural service cooperatives with the aim of adapting to the economic and legal principles of operation of such entities.
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