IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxy2017i3bp13-21.html
   My bibliography  Save this article

Accounting Engineering Tools in the Research of Economic Costs and Benefits

Author

Listed:
  • Anatoliy Ivanovich Belousov
  • Galina Vasilevna Mikhailova
  • Fatima Magamedovna Uzdenova
  • Viktoria Georgievna Blokhina

Abstract

The article deals with some particular transformations of scientific categories as costs, expenses, profits in the system of accounting and analytical coordinates. The main idea of the article is the need for harmonious combination of the linguistic, regulatory and engineering approach to solving the problem of improvement of the quality of information provision to define key financial and economic indicators. The era of economic globalization requires finding the most suitable ways of combining national and international accounting and analytical systems.Moreover, the rapid development of IT - technologies involves their widespread introduction of the system of accounting and information support of businesses that can be achieved through a variety of engineering tools. However, practical implementation of these tools requires a deep adaptation to the characteristics of the existing accounting and economic procedures, allowing preserving and strengthening the analytical and practical possibilities of information files, to combine them with the legal norms and requirements. From this perspective, the authors consider it necessary to further diversify the financial science and strengthen the role of strategic accounting and analysis.The study authors have concluded on the need to preserve the integrity in the use of accounting and economic procedures for determining financial performance, which should be carried out by a combination of modern engineering tools based on IT-technologies, while meeting the most important principles, gowns (particularly legal) and terminological apparatus of accounting science.

Suggested Citation

  • Anatoliy Ivanovich Belousov & Galina Vasilevna Mikhailova & Fatima Magamedovna Uzdenova & Viktoria Georgievna Blokhina, 2017. "Accounting Engineering Tools in the Research of Economic Costs and Benefits," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 13-21.
  • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:13-21
    as

    Download full text from publisher

    File URL: http://ersj.eu/dmdocuments/2017-xx-3-b-2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Karel HavlÃ­Ä ek & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.
    2. Eleftherios Thalassinos & Erginbay Ugurlu & Yusuf Muratoglu, 2012. "Income Inequality and Inflation in the EU," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 127-140.
    3. Nikolaos Theriou & Vassilis Aggelidis, 2014. "Management Accounting Systems, Top Management Team’s Risk Characteristics and Their Effect on Strategic Change," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 3-38.
    4. Konstantinos Liapis & Antonios Rovolis & Christos Galanos & Eleftherios Thalassinos, 2013. "The Clusters of Economic Similarities between EU Countries: A View Under Recent Financial and Debt Crisis," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 41-66.
    5. Silviu Carstina & Marian Siminica & Daniel Circiumaru & Anca Tanasie, 2015. "Correlation Analysis of the Indicators of Asset Management and Profitability," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 3-21.
    6. Anastasios Tsamis & Konstantinos Liapis, 2014. "Fair Value and Cost Accounting, Depreciation Methods, Recognition and Measurement for Fixed Assets," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 115-133.
    7. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    8. P. Kalantonis & S. Goumas & K. Hassapis & C. Cantzos, 2014. "Pacioli’s Innovation in Accounting: Business or Academic Affairs," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 39-56.
    9. Eleftherios J. Thalassinos & Evagelos D. Politis, 2012. "The Evaluation of the USD Currency and the Oil Prices: A Var Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 137-146.
    10. N.G. Vovchenko & M.G. Holina & A.S. Orobinskiy & R.A. Sichev, 2017. "Ensuring Financial Stability of Companies on the Basis of International Experience in Construction of Risks Maps, Internal Control and Audit," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 350-368.
    11. George Angelakis & Nikolaos Theriou & Iordanis Floropoulos & Athanasios Mandilas, 2015. "Traditional and Currently Developed Management Accounting Practices - A Greek Study," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 52-87.
    12. O.I Averin & N.F. Kolesnik & L.M. Makarova, 2016. "The Integration of the Accounting System for Implementing World Class Manufacturing (WCM) Principles," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 53-69.
    13. I.D. Anikina & A.V. Gukova & Ð .Ð . Golodova & Ð .Ð . Chekalkina, 2016. "Methodological Aspects of Prioritization of Financial Tools for Stimulation of Innovative Activities," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 100-112.
    14. Andrey Nechaev & Oksana Antipina, 2016. "Analysis of the Impact of Taxation of Business Entities on the Innovative Development of the Country," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 71-83.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nikolay Tikhonovich Labyntsev & Elena Aleksandrovna Sharovatova & Irina Aleksandrovna Omelchenko & Tatyana Valeryevna Makarenko, 2017. "Tendencies of Standardisation of Management Accounting in Russian and International Practices," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 45-60.
    2. Eva Maria Lado Gonzalez & Domingo Calvo Dopico, 2017. "The Importance of Intangible Assets in the Strategic Management of the Firm: An Empirical Application for Banco Santander," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 177-196.
    3. Nikolay Tikhomirov & Tatiana Tikhomirova & Eldar Khamitov & Vladimir Ponomarev, 2017. "Models of Assessment of the Influnce of Insurance Assets Securitization on Stability of Mutual Insurance Societies," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 321-333.
    4. V.M. Dzhukha & A.N. Kokin & A.S. Li & T.Yu. Sinyuk, 2017. "Research and Development Intensity in Business: Russia and EU," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 64-76.
    5. T.L. Bezrukova & Yu.N. Stepanova & I.I. Shanin & Yu.V. Busarina & S.Yu. Nesterov, 2017. "Aspect-Oriented, Key-Index Based Regional Business Entities' Evaluation Framework," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 183-192.
    6. A.I. Belousov & E.A. Shelukhina & N.A. Rumachik & A.N. Shchemelev, 2017. "Adaptation of Balance Theories to the Assessment of Sustainable Economic Development of Business Units," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 76-83.
    7. Khaibat Magomedtagirovna Musaeva & Magomedsaid Abdulmuslimovich Ismailov & Garun Sultanakhmedovich Sultanov & Saida Nazirovna Keramova & Saida Israpilovna Sirazhudinova, 2017. "Efficiency of Taxation Bodies’ Work: Methods of Estimating and Analysis of Relations with Tax Payers," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 378-395.
    8. repec:ers:journl:v:xx:y:2017:i:2b:p:379-396 is not listed on IDEAS
    9. Sergey Vladimirovitch Anureev, 2017. "Reconfiguration of Financial System Elements to Restore Economic Growth: The System Simplicity and Transformation towards State-Based and Corporate-Based Types," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 281-307.
    10. Dody Hapsoro, 2017. "Consequences of Going Concern Opinion for Firms and Capital Market with Accounting Firm Size as Moderation Variable," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 209-230.
    11. Olga Viktorovna Zabelina & Farida Islamudinovna Mirzabalaeva & Larisa Viktorovna Sankova & Gulnara Vahitovna Yakshibaeva, 2017. "Labor Potential of the Rural Territories - State and Development," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 261-282.
    12. repec:ers:journl:v:special_issue:y:2018:i:1:p:407-422 is not listed on IDEAS
    13. A.A. Alukhanyan & A.V. Andreeva & L.Yu. Andreeva, 2017. "Instruments of Marketing and Credit Support of the Large Industrial Enterprises Development: International Experience," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 294-310.
    14. L.Yu. Andreeva & V.V. Aksenov & A.V. Andreeva & M.L. Somko, 2018. "The Role of Retraining Technologies of Personnel in Ensuring Financial Stability of Transport and Industrial Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 407-422.
    15. Sergey Mikhailovich Vasin & Leyla Ayvarovna Gamidullaeva & Tamara Kerimovna Rostovskaya, 2017. "The Challenge of Social Innovation: Approaches and Key Mechanisms of Development," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 25-45.
    16. Winston Pontoh, 2017. "The Capital Structure: Is Debt just a Policy or Requerement?," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 128-139.
    17. Christina Whidya Utami & Denny Bernardus & Gek Sintha, 2017. "The Pattern Analysis of Family Business Succession: A Study on Medium Scale Family Business in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 461-474.
    18. M.A. Surzhikov & A.A. Sycheva, 2017. "Process Approach to Modeling of National and Global Securities Market Operation," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 84-91.
    19. repec:ers:journl:v:xx:y:2017:i:2b:p:365-378 is not listed on IDEAS
    20. O.V. Andreeva & E.V. Shevchik, 2017. "Organizational and Financial Modeling of Transnational Industrial Clusters Sustainable Development: Experience, Risks, Management Innovation," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 137-147.
    21. Andrey Vladimirovich Bakhteev & Sergey Valentinovich Arzhenovskiy & Natalya Nikolayevna Khakhonova & Yelena Vyacheslavovna Kuznetsova, 2017. "Use of Regression Models when Performing Fraud Risk Assessment Procedures in the Audit Process," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 22-33.
    22. N.G. Vovchenko & M.G. Holina & A.S. Orobinskiy & R.A. Sichev, 2017. "Ensuring Financial Stability of Companies on the Basis of International Experience in Construction of Risks Maps, Internal Control and Audit," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 350-368.
    23. Anna Aleksandrovna Sysoeva & Natalia Vladimirovna Rezepova & Elina Ildarovna Abdyukova & Zohrab Mnatsakanovich Dokhoyan, 2017. "Assessment of Availability of Consumer Loans in the Regions of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 236-250.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:13-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.