Automation as a factor in adapting the methodology to modern accounting and control capabilities

Abstract

Subject. The article addresses the impact of automation on accounting and control methodology. Objectives. The study aims at systematization and generalization of knowledge about problems and possibilities of organizing the accounting and control in an automated environment. Methods. The methodology of the study rests on dialectical approach, observation, synthesis of disparate information, analysis of obtained results, and elements of accounting methods, such as accounts, double entry, balance sheet, etc. Results. The paper lists and analyzes changes in the control function of accounting and synthetic accounts in automation conditions, investigates limitations associated with the use of synthetic accounts, specifies the blurring of boundaries of synthetic and analytical accounting in accounting programs. It gives the interpretation and criteria of double entry in automation conditions, introduces the concept of analytical double entry. Conclusions. In the context of automation, approaches to reflecting information on synthetic accounts are changing, including by adding analytical positions that are not peculiar to them. Analytics in the programs became a part of double entry, which blurred the information boundaries between the two areas of accounting, enabling not only to detail the indicators of synthetic accounts by analytical ones, but also analytical accounts by synthetic ones. Synthetic accounts are not used in management programs, however, management balance sheet is prepared, for this purpose the double entry should be shifted from the level of synthetic accounts to the level of analytical ones.