The article defined notion of “accounting policy”, its contest, purpose and practical implementation. Described main levels of accounting policy formation, their instruments that contribute and support the idea of harmonizing the accounting and financial reporting system in accordance with national and international regulations (standards). Proved the relevance and importance of research of accounting policy formation at the modern stage of development, in conditions where integrity of the accounting system and continuity of the accounting process are the basis for management strategic decisions making. Determined the peculiarities of formation of accounting policy for government sector entities at the modern stage of accounting system modernization. Considered the method of organization of creation the accounting policy of government sector entities through the system of stage-by-stage actions. Identified the content and elements of accounting policy, main target of which – ensuring the organization of comprehensive accounting process. Introduced number of risks which appear directly under the conditions of adaptation of public sector entities to the modern requirements of the accounting system, which has impact to the quality of accounting process and to the level of implementation of planned actions. Proved importance of accounting policy formation for government sector entities.
This study offers a solution to one of the problems that arise in the routine practice of the Head managers of the Ukrainian Armed Forces and Ministry of Defence – budgetary units when making management decisions. Namely, the search for the most economical (cost saving) option for placing an order between several potential contractors to save budgetary funds, minimise possible risks of exceeding the customer's costs, and organisation of rational spending of financial resources. The purpose of the study is to determine the mechanisms for rapid replenishment of losses of defence products due to the early distribution of defence orders among manufacturers with savings in budgetary funds. To solve the stated problem, an approach was proposed using a statistical method of quantitative risk analysis based on two indicators: the probability of savings and the risk of not receiving the expected savings. An example of using the proposed approach is given for two alternative options for placing an order for unmanned aerial vehicles to create joint aviation groups between three potential contractors. The proposed mechanism for summarising calculations in the final table, acceptable for analysis and allows making the final decision in the management link. In contrast to the approaches used in developed economies, the proposed approach takes into account the capabilities of the manufacturer in terms of production volumes and short deadlines for the production of defence products. Notably, the approach in question can be applied if there are more than two alternative options for the distribution of orders and for more than three potential contractors
The organisation of resource support for the needs of the Armed Forces of Ukraine is an important daily task related to the distribution of material resources for their intended purpose. If there is a sufficient resource base and the factors of time, speed, and priority of delivery of funds are secondary, resource support is carried out according to the principles “if necessary” and “if possible”. However, the practices of resource support for the needs of the Armed Forces of Ukraine considering the limited resource capabilities of the national economy and other similar tasks, as a rule, demonstrates the necessity of acting in the conditions of quantitative and qualitative restrictions of the resource base. Moreover, in the conditions of requirements for reducing the time of implementation of resource support, considering the priority of resource assignment objects and different levels of their initial resource provision. The purpose of this study is to find the best, rational, and even optimal distribution of resources for certain characteristics in three types of business conditions: certainty, uncertainty, and risk in managerial decision-making. Based on the analysis of available methods of nonlinear programming in distribution problems, proceeding from the condition of maintaining mathematical correctness and accessibility to practical use, the study presents the procedure for applying the maximum element method. The proposed approach to optimising the distribution problem is considered on the example of possible distribution options for equally efficient resource supply between the resource supply facilities. The options differ in the values of the importance of objects and the levels of initial supply in relative units at the time of decision-making on the allocation of resources upon providing resources for a certain final management task. The methodology of this study can be used in planning and decision-making related to the distribution of resources in organisational systems of military and civil administration, considering the importance and initial state of adequate supply of destination facilities in case of limited capabilities of the resource manager
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.