Philosophy of Accounting as an Economic Science
The article is divided into two parts. The first part provides the philosophical interpretation of the role and place of accounting in economics. Accounting as an economic science cannot exist in isolation from economic theory. To justify this thesis the first part of the article describes the conce...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
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Government of Russian Federation, Financial University
2019-01-01
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| Series: | Учёт. Анализ. Аудит |
| Subjects: | |
| Online Access: | https://accounting.fa.ru/jour/article/view/146 |
| Summary: | The article is divided into two parts. The first part provides the philosophical interpretation of the role and place of accounting in economics. Accounting as an economic science cannot exist in isolation from economic theory. To justify this thesis the first part of the article describes the concept of a constructive obligation based on a positive theory. The second part of the article considers two more concepts: the concept of consolidated financial statements and the concept of integrated reporting using the theory of economic art. The objective of the research is to prove that accounting is a dynamically developing science based on the formation of new concepts and refinement of the existing ones. The significance of the research for accounting science can be defined as follows: 1. The above concepts allow us to consider an organization not as an “isolated cell”, but as a “cell of market economy” in the whole variety of market relations. 2. The concept of consolidated accounting makes it possible to reflect the market relations of a consolidated group of enterprises. 3. The concept of business accounting and integrated reporting constitutes an information system for a business model of creating value and capital gains processes, the model which reflects the measurement of changes in the results of the use of capital. |
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| ISSN: | 2408-9303 2619-130X |