IDEAS home Printed from https://ideas.repec.org/a/iaf/journl/y2020i2p50-59.html

Role of Accounting & Analytical Support of State Agricultural Policy in the Context of Financial Crises

Author

Listed:
  • Nataliya Pravdyuk

    (Vinnitsa National Agrarian University, Vinnitsa, Ukraine)

Abstract

State agricultural policy should be aimed at identifying the factors of creating added value and stimulating its generation. Effective implementation of state agricultural policy is impossible without reliable information in the volumes necessary for different levels of government. The purpose of the article is to determine the role of the system of accounting and analytical support in the implementation of the state agricultural policy and to propose the guidelines for its improvement in the context of financial crises. The analysis of the dynamics of gross output and expenditures of the state budget for the agricultural sector was performed and economic accounts of agriculture were evaluated. The factors that stimulate the development of accounting were identified and their characteristic was given. Accounting aggregates were presented as elements of innovative methods of management information support. Based on the analysis of the achievements of foreign researchers, the matrix of characteristics of the accounting and analytical support of the state agricultural policy was formed by the author. It was revealed that during a period of stable functioning of the agricultural sector, the effectiveness of management decisions depended on how the accounting system provided management of relevant, complete and reliable information about the status of assets, liabilities, results of operations and financial resources of economic entities. But during the crisis managers need information about the stock of production and financial stability, forecast of production costs, logistics efficiency and other indicators that need to be controlled. The model of accounting and analytical support of the state agricultural policy was built. It was proved that the role of accounting and information support especially increases during a crisis, because the accounting information and its analysis makes it possible to predict the most realistic scenario for the development of the situation.

Suggested Citation

  • Nataliya Pravdyuk, 2020. "Role of Accounting & Analytical Support of State Agricultural Policy in the Context of Financial Crises," Oblik i finansi, Institute of Accounting and Finance, issue 2, pages 50-59, June.
    • Handle: RePEc:iaf:journl:y:2020:i:2:p:50-59
    as

    Download full text from publisher

    File URL: http://www.afj.org.ua/pdf/747-rol-oblikovo-analitichnogo-zabezpechennya-derzhavnoi-agrarnoi-politiki-v-umovah-finansovih-kriz.pdf
    Download Restriction: no
    File URL: http://www.afj.org.ua/en/article/747/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carmela Barbera & Enrico Guarini & Ileana Steccolini, 2020. "How do governments cope with austerity? The roles of accounting in shaping governmental financial resilience," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 33(3), pages 529-558, March.
    2. Bezemer, Dirk J., 2010. "Understanding financial crisis through accounting models," Accounting, Organizations and Society, Elsevier, vol. 35(7), pages 676-688, October.
    3. Becker , Sebastian D & Mahlendorf , Matthias D & Schäffer , Utz & Thaten , Mario, 2015. "Budgeting in Times of Economic Crisis," HEC Research Papers Series 1122, HEC Paris.
    4. Monica Laura ZLATI & Valentin Marian ANTOHI, 2018. "Accounting treatments and policies for biological assets from the perspective of IAS 41 - Agriculture," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 104-113.
    5. Yuliya Bezdushna, 2017. "Information Support of Management of the Agrarian Sector of Economy: State and Prospects of Improvement," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 6-12, December.
    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. Changhe Wu & Walton Wider & Mengxi Yang & Hao Wu & Nasyra Ab. Jamil & Muhammad Ashraf Fauzi & Eugene Burgos Mutuc, 2026. "Resilient futures: intellectual and thematic pathways in financial resilience research and their relevance to well-being," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-16, December.
    2. Wenzlaff, Ferdinand & Kimmich, Christian & Richters, Oliver, 2014. "Theoretische Zugänge eines Wachstumszwangs in der Geldwirtschaft," ZÖSS-Discussion Papers 45, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    3. Canelli, Rosa & Fontana, Giuseppe & Realfonzo, Riccardo & Passarella, Marco Veronese, 2024. "Energy crisis, economic growth and public finance in Italy," Energy Economics, Elsevier, vol. 132(C).
    4. Colombier, Carsten, 2011. "Konjunktur und Wachstum [Business cycles fluctuations and long-term growth]," MPRA Paper 104739, University Library of Munich, Germany.
    5. Tim Jackson & Ben Drake & Peter Victor & Kurt Kratena & Mark Sommer, 2014. "Foundations for an Ecological Macroeconomics. Literature Review and Model Development. WWWforEurope Working Paper No. 65," WIFO Studies, WIFO, number 47497.
    6. Corrado Di Guilmi & Laura Carvalho, 2015. "The dynamics of leverage in a Minskyan model with heterogenous firms," Working Paper Series 28, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    7. Rozite, Kristiana & Bezemer, Dirk J. & Jacobs, Jan P.A.M., 2019. "Towards a financial cycle for the U.S., 1973–2014," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    8. Gerard Ballot & Antoine Mandel & Annick Vignes, 2015. "Agent-based modeling and economic theory: where do we stand?," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(2), pages 199-220, October.
    9. Alexandre Rambaud & Jacques Richard, 2015. "Towards a finance that CARES," Post-Print halshs-01260075, HAL.
    10. Dirk Bezemer, 2014. "Schumpeter might be right again: the functional differentiation of credit," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 935-950, November.
    11. Fan, Shuting & Wang, Can, 2024. "Transition finance facilitates lower-cost achievement of climate targets: A case study of China," Structural Change and Economic Dynamics, Elsevier, vol. 71(C), pages 617-629.
    12. Laurence Ferry & Noel Hyndman & Mariannunziata Liguori & Henry Midgley, 2025. "Public Accountability in an Unpredictable World: Tales of the Unexpected," Abacus, Accounting Foundation, University of Sydney, vol. 61(1), pages 1-22, March.
    13. Di Guilmi, Corrado & Carvalho, Laura, 2017. "The dynamics of leverage in a demand-driven model with heterogeneous firms," Journal of Economic Behavior & Organization, Elsevier, vol. 140(C), pages 70-90.
    14. Li, Boyao, 2024. "A balance sheet analysis of monetary policy effects on banks," Global Finance Journal, Elsevier, vol. 61(C).
    15. Hadji-Lazaro, Paul, 2025. "Environmental responsibility and exposure of finance: Combining environmentally-extended input-output and balance sheet approaches," Ecological Economics, Elsevier, vol. 228(C).
    16. Rosa Canelli & Riccardo Realfonzo & Francesco Zezza, 2022. "An empirical Stock‐Flow Consistent regional model of Campania," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 209-257, February.
    17. Wenzlaff, Ferdinand & Kimmich, Christian & Koudela, Thomas & Richters, Oliver & Freydorf, Christoph & Schuster, Ludwig, 2012. "Wachstumszwang in der Geldwirtschaft? Theoretische Erwägungen," EconStor Research Reports 237053, ZBW - Leibniz Information Centre for Economics.
    18. Richters, Oliver, 2015. "Integrating Energy Use into Macroeconomic Stock-Flow Consistent Models," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 154764, March.
    19. Silva, Aldy Fernandes da & Weffort, Elionor Farah Jreige & Flores, Eduardo da Silva & Silva, Glauco Peres da, 2014. "Earnings management and economic crises in the Brazilian capital market," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 54(3), May.
    20. Barbieri Hermitte, Riccardo & Cagnazzo, Alberto & Favero, Carlo A. & Felici, Francesco & Macauda, Valeria & Nucci, Francesco & Tegami, Cristian, 2023. "ITFIN: A stock-flow consistent model for the Italian economy," Economic Modelling, Elsevier, vol. 119(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:iaf:journl:y:2020:i:2:p:50-59. 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: Serhii Ostapchuk (email available below). General contact details of provider: https://edirc.repec.org/data/iafkvua.html .

    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.