The Ways to Improve Accounting and Auditing of Labor Payment Calculations
The article is aimed at researching the problem areas of accounting and auditing of labor payment, identifying the directions of improvement. The role of wages is substantiated in order to fully understand this process, and a definition of wages is provided. The existing shortcomings and problematic...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Research Centre of Industrial Problems of Development of NAS of Ukraine
2019-07-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2019-7_0-pages-225_230.pdf |
| _version_ | 1818193862604095488 |
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| author | Chepets Olha H. Kinebas Iryna Yu. |
| author_facet | Chepets Olha H. Kinebas Iryna Yu. |
| author_sort | Chepets Olha H. |
| collection | DOAJ |
| description | The article is aimed at researching the problem areas of accounting and auditing of labor payment, identifying the directions of improvement. The role of wages is substantiated in order to fully understand this process, and a definition of wages is provided. The existing shortcomings and problematic issues in the accounting of labor payment calculations are covered in the following planes: the impact of the legislative framework, the laboriousness of the process, the primary documents, the automation of accounting and the need to monitor operations. The article considers the main ways to improve and simplify the process of wages accounting for each problem identified. It is substantiated that the considered problems of accounting for labor payment are relevant, and their solution will help to ensure an improvement in the quality and reliability of accounting data. Possible directions to improve the audit of labor payment settlements are identified, along with disclosing their substance, value and sources of implementation. The main ways to improve auditing are associated with the methodology of the audit, the qualifications of auditors, the level of economic shadowing, the creation of internal audit departments, conduct of thematic auditing, legislative reform, etc. The topic of further research related to the social aspect of the accounting apparatus and the workers in the audit sphere has been chosen. |
| first_indexed | 2024-12-12T00:53:08Z |
| format | Article |
| id | doaj.art-60dce709bc7e401787cadea899be9b34 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-12T00:53:08Z |
| publishDate | 2019-07-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-60dce709bc7e401787cadea899be9b342022-12-22T00:43:58ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2019-07-01749822523010.32983/2222-4459-2019-7-225-230The Ways to Improve Accounting and Auditing of Labor Payment CalculationsChepets Olha H. 0Kinebas Iryna Yu.1Dnipro State Agrarian Economics UniversityDnipro State Agrarian Economics UniversityThe article is aimed at researching the problem areas of accounting and auditing of labor payment, identifying the directions of improvement. The role of wages is substantiated in order to fully understand this process, and a definition of wages is provided. The existing shortcomings and problematic issues in the accounting of labor payment calculations are covered in the following planes: the impact of the legislative framework, the laboriousness of the process, the primary documents, the automation of accounting and the need to monitor operations. The article considers the main ways to improve and simplify the process of wages accounting for each problem identified. It is substantiated that the considered problems of accounting for labor payment are relevant, and their solution will help to ensure an improvement in the quality and reliability of accounting data. Possible directions to improve the audit of labor payment settlements are identified, along with disclosing their substance, value and sources of implementation. The main ways to improve auditing are associated with the methodology of the audit, the qualifications of auditors, the level of economic shadowing, the creation of internal audit departments, conduct of thematic auditing, legislative reform, etc. The topic of further research related to the social aspect of the accounting apparatus and the workers in the audit sphere has been chosen.http://www.business-inform.net/export_pdf/business-inform-2019-7_0-pages-225_230.pdfwagescalculationsaccountancelabor paymentaccounting problemsauditimproving of auditing |
| spellingShingle | Chepets Olha H. Kinebas Iryna Yu. The Ways to Improve Accounting and Auditing of Labor Payment Calculations Bìznes Inform wages calculations accountance labor payment accounting problems audit improving of auditing |
| title | The Ways to Improve Accounting and Auditing of Labor Payment Calculations |
| title_full | The Ways to Improve Accounting and Auditing of Labor Payment Calculations |
| title_fullStr | The Ways to Improve Accounting and Auditing of Labor Payment Calculations |
| title_full_unstemmed | The Ways to Improve Accounting and Auditing of Labor Payment Calculations |
| title_short | The Ways to Improve Accounting and Auditing of Labor Payment Calculations |
| title_sort | ways to improve accounting and auditing of labor payment calculations |
| topic | wages calculations accountance labor payment accounting problems audit improving of auditing |
| url | http://www.business-inform.net/export_pdf/business-inform-2019-7_0-pages-225_230.pdf |
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