Accounting in agriculture - features of reference

Accounting in agriculture, as in any other sphere, is a system that collects, registers and summarizes all information on property, liabilities of the enterprise expressed in monetary terms. It provides a continuous and comprehensive documentary record of all operations carried out on the farm, without exception.

Accounting in agriculture: objects that include:

- all property of the agricultural enterprise, which includes financial investments, inventories, cash, fixed assets and others;

- The capital of the enterprise, which includes the statutory, reserve capital, retained earnings, additional capital, as well as special purpose funds and reserves;

- Indebtedness to this enterprise from other organizations, as well as to external individuals and organizations, it includes loans, accounts payable;

- also accounting in agriculture controls all the economic operations that the enterprise carries out and which cause changes in the liabilities and composition of the property.

The main goal pursued by accounting in agriculture is the analysis and use of information in order to identify the prospects for the development of the enterprise, as well as to make the right and future management decisions. The received accounting information is applied at various levels of management. Accounting in agriculture is applied at the on-farm level, general economic and external level of management in the production processes at the agricultural enterprise.

But accounting in agriculture is not only an information function, it also performs a monitoring function, namely, illustrates the implementation of the organizational plan, shows the profitability of the agricultural enterprise, and helps to prevent failures and miscalculations in the work, does not allow irrational use of existing resources and these actions Helps to save enterprise funds.

Accounting in livestock and agriculture helps the enterprise to solve such problems:

- allows you to generate reliable information about the property status of an enterprise, its activities, which is used by internal users, including founders, managers and owners of the enterprise, as well as external users - creditors, investors, banking, financial and tax authorities, suppliers and many others ;

- to submit information to control the strict observance of the current legislation during the operations related to the movement of obligations and property, as well as using all existing resources. All this should be carried out in accordance with the standards, estimates and norms approved at the legislative level;

- prevent and prevent occurrence of negative phenomena in the activity of the enterprise;

- identify intra-farm reserves that help to ensure the financial stability of the enterprise and mobilize them;

- assess the real use of all identified reserves.

In accordance with the current legislation, for the correct organization of accounting in the conduct of a variety of economic transactions, the responsibility of the head of the enterprise. It is he who appoints the chief accountant, and already he is directly responsible for the formation and management of accounting policies, timely and reliable presentation of information about the state of the enterprise in financial terms. The Chief Accountant controls the rational use of all funds and directly manages the entire accounting service.