DOI: https://doi.org/10.32515/2663-1636.2024.11(44).185-196
Accounting Policy of the Enterprise in the Management of Electronic Transactions
About the Authors
Oleg Shevchuk, Associate Professor, PhD in Economics (Candidate of Economic Sciences), Associate Professor of the Department of Accounting and Taxation, West Ukrainian National University, Department of Accounting and Taxation, Ternopil, Ukraine, ORCID: https://orcid.org/0000-0002-7352-7001, e-mail: ikaf@ukr.net
Abstract
The main regulatory document in the field of accounting, control and taxation at the micro level is the accounting policy of the enterprise. The document on the accounting policy specifies the methods of accounting for electronic transactions selected from the variously available methods. Innovativeness, riskiness, significant volatility and dynamism of accounting of electronic payment means and crypto-objects require comprehensive regulation of electronic transactions in the accounting policy of the enterprise. The purpose of the study is to systematize the provisions of the accounting policy of the enterprise, which relate to electronic transactions, and their improvement in the conditions of the formation of the digital economy in Ukraine.
The article substantiates the importance of defining all aspects and features of the implementation of electronic transactions in the accounting policy. The impact of various methods of accounting for electronic payment means and crypto objects on the financial results of enterprises is explained. A list of elements of the accounting policy related to electronic transactions is proposed. Methods of accounting for electronic money and crypto-objects are defined, which are specified in the accounting policy of the enterprise and fully correspond to the principles of the functioning of the electronic transaction system. The influence of the elements of the accounting policy of the enterprise on the provision of economic and cyber protection of the system of electronic transactions is substantiated. Taking into account all the features and characteristics of electronic and cryptographic funds in the accounting policy creates a high-quality informational, instructional and regulatory field for the effective management of electronic transactions. The practical implementation of the company's accounting policy in the organization of accounting and control of electronic transactions in various organizational formats requires further research and development.
Keywords
accounting, accounting policy, electronic transactions, electronic money, crypto objects
Full Text:
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References
1. Muravskyi, V., Denchuk, P., & Reveha, O. (2022). Accounting and auditing of electronic transactions in metauniverses. Visnyk Ekonomiky, 2, 128-141. https://doi.org/10.35774/visnyk2022.02.128 [in Ukrainian].
2. Nazarova, I. (2022). The essence and accounting and information provision of electronic calculations. Visnyk Ekonomiky, 3, 123-136. https://doi.org/10.35774/visnyk2022.03.123 [in Ukrainian].
3. Alnujaimi, Aws, & Manhel, Ismael. (2024). Creative accounting Standards and its techniques. International Journal of Research, 4, 20, 939-958. https://www.researchgate.net/publication/379431541_Creative_accounting_Standards_and_its_techniques [in English].
4. Haq, Syaif Al, Yunanto. (2024). Legal Implications of Using Artificial Intelligence (AI) Technology in Electronic Transactions. International Journal of Social Science and Human Research, 7. https://doi.org/10.47191/ijsshr/v7-i05-108 [in English].
5. Khalaf, Esam. (2022). An Introduction to The Development of Accounting Guidelines for Cryptocurrencies (Experimental Study). International Journal of Accounting and Management Sciences. 1. https://doi.org/10.56830/BUNS6406 [in English].
6. Kurhan, Natalia, Fartushniak, Olha, & Bezkorovaina, Lidiia. (2023). Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization. Economics of Development, 22, 8-20. https://doi.org/10.57111/econ/3.2023.08 [in English].
7. Makurin, Andrii, Maliienko, Andrii, Tryfonova, Olena, & Masina, Lyudmyla. (2023). Management of Cryptocurrency Transactions from Accounting Aspects. Economics. Ecology. Socium, 7, 26-35. https://doi.org/10.31520/2616-7107/2023.7.3-3 [in English].
8. Oladutire, Oladeji, Shittu, Muritala, & Olonite, Oluyemi. (2023). Behavioural of Accounting Policies: The International, Neuroaccounting and Generally Accepted Accounting Principles (GAAPs) Perspectives. International Journal of Research, 1, 114-120. https://doi.org/10.5281/zenodo.10254668 [in English].
9. Selivanova, N.M., Kornia, S.V., & Simova, A.O. The Use of Electronic Money in Payment Operations of Ukrainian Enterprises: Issues of Regulatory Regulation and Accounting. Economics: time realities. Scientific 2023. № 5 (69). https://economics.net.ua/files/archive/2023/Nо5/90.pdf https://doi.org/10.15276/ETR.05.2023.8 [in English].
10. Subačienė, Rasa, & Kurauskienė, Natalija. (2020). Evaluation of alternatives of cryptocurrency accounting. Buhalterinės apskaitos teorija ir praktika, 22, 4. https://doi.org/10.15388/batp.2020.26 [in English].
11. Zadorozhnyi, Zenovii-Mykhaylo, Muravskyi, Volodymyr, Humenna-Derij, & Mariia, Zarudna. Innovative Accounting and Audit of the Metaverse Resources. Marketing and Management of Innovations, 13, 10-19. https://doi.org/10.21272/mmi.2022.4-02 [in English].
Citations
1. Муравський В., Денчук П., Ревега О. Облік та аудит електронних трансакцій у метавсесвітах. Вісник Економіки. 2022. № 2. С. 128-141. URL: https://doi.org/10.35774/visnyk2022.02.128.
2. Назарова І. Сутність та обліково-інформаційне забезпечення електронних розрахунків. Вісник Економіки. 2022. № 3. С. 123-136. URL: https://doi.org/10.35774/visnyk2022.03.123.
3. Alnujaimi Aws, Manhel Ismael. Creative accounting Standards and its techniques. International Journal of Research. 2024. № 4. 20. P. 939-958. URL: https://www.researchgate.net/publication/379431541_Creative_accounting_Standards_and_its_techniques.
4. Haq Syaif Al, Yunanto. Legal Implications of Using Artificial Intelligence (AI) Technology in Electronic Transactions. International Journal of Social Science and Human Research. 2024. № 7. URL: https://doi.org/10.47191/ijsshr/v7-i05-108.
5. Khalaf Esam. An Introduction to The Development of Accounting Guidelines for Cryptocurrencies (Experimental Study). International Journal of Accounting and Management Sciences. 2022. № 1. URL: https://doi.org/10.56830/BUNS6406.
6. Kurhan, Natalia, Fartushniak, Olha, Bezkorovaina, Lidiia. Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization. Economics of Development. 2023. № 22. P. 8-20. URL: https://doi.org/10.57111/econ/3.2023.08.
7. Makurin Andrii, Maliienko Andrii, Tryfonova Olena, Masina Lyudmyla. Management of Cryptocurrency Transactions from Accounting Aspects. Economics. Ecology. Socium. 2023. № 7. Р. 26-35. URL: https://doi.org/10.31520/2616-7107/2023.7.3-3.
8. Oladutire Oladeji, Shittu Muritala, Olonite Oluyemi. Behavioural of Accounting Policies: The International, Neuroaccounting and Generally Accepted Accounting Principles (GAAPs) Perspectives. International Journal of Research. 2023. № 1. P. 114-120. URL: https://doi.org/10.5281/zenodo.10254668.
9. Selivanova N.M., Kornia S.V., Simova A.O. The Use of Electronic Money in Payment Operations of Ukrainian Enterprises: Issues of Regulatory Regulation and Accounting. Economics: time realities. Scientific. 2023. № 5 (69). https://economics.net.ua/files/archive/2023/Nо5/90.pdf. DOI: 10.15276/ETR.05.2023.8. DOI: 10.5281/zenodo.10092664.
10. Subačienė Rasa, Kurauskienė Natalija. Evaluation of alternatives of cryptocurrency accounting. Buhalterinės apskaitos teorija ir praktika. 2020. № 22. P. 4. URL: https://doi.org/10.15388/batp.2020.26.
11. Zadorozhnyi Zenovii-Mykhaylo, Muravskyi Volodymyr, Humenna-Derij Mariia, Zarudna Nataliia. Innovative Accounting and Audit of the Metaverse Resources. Marketing and Management of Innovations. 2022. № 13. P. 10-19. URL: https://doi.org/10.21272/mmi.2022.4-02.
Copyright (c) 2024 Oleg Shevchuk
Accounting Policy of the Enterprise in the Management of Electronic Transactions
About the Authors
Oleg Shevchuk, Associate Professor, PhD in Economics (Candidate of Economic Sciences), Associate Professor of the Department of Accounting and Taxation, West Ukrainian National University, Department of Accounting and Taxation, Ternopil, Ukraine, ORCID: https://orcid.org/0000-0002-7352-7001, e-mail: ikaf@ukr.net
Abstract
Keywords
Full Text:
PDFReferences
1. Muravskyi, V., Denchuk, P., & Reveha, O. (2022). Accounting and auditing of electronic transactions in metauniverses. Visnyk Ekonomiky, 2, 128-141. https://doi.org/10.35774/visnyk2022.02.128 [in Ukrainian].
2. Nazarova, I. (2022). The essence and accounting and information provision of electronic calculations. Visnyk Ekonomiky, 3, 123-136. https://doi.org/10.35774/visnyk2022.03.123 [in Ukrainian].
3. Alnujaimi, Aws, & Manhel, Ismael. (2024). Creative accounting Standards and its techniques. International Journal of Research, 4, 20, 939-958. https://www.researchgate.net/publication/379431541_Creative_accounting_Standards_and_its_techniques [in English].
4. Haq, Syaif Al, Yunanto. (2024). Legal Implications of Using Artificial Intelligence (AI) Technology in Electronic Transactions. International Journal of Social Science and Human Research, 7. https://doi.org/10.47191/ijsshr/v7-i05-108 [in English].
5. Khalaf, Esam. (2022). An Introduction to The Development of Accounting Guidelines for Cryptocurrencies (Experimental Study). International Journal of Accounting and Management Sciences. 1. https://doi.org/10.56830/BUNS6406 [in English].
6. Kurhan, Natalia, Fartushniak, Olha, & Bezkorovaina, Lidiia. (2023). Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization. Economics of Development, 22, 8-20. https://doi.org/10.57111/econ/3.2023.08 [in English].
7. Makurin, Andrii, Maliienko, Andrii, Tryfonova, Olena, & Masina, Lyudmyla. (2023). Management of Cryptocurrency Transactions from Accounting Aspects. Economics. Ecology. Socium, 7, 26-35. https://doi.org/10.31520/2616-7107/2023.7.3-3 [in English].
8. Oladutire, Oladeji, Shittu, Muritala, & Olonite, Oluyemi. (2023). Behavioural of Accounting Policies: The International, Neuroaccounting and Generally Accepted Accounting Principles (GAAPs) Perspectives. International Journal of Research, 1, 114-120. https://doi.org/10.5281/zenodo.10254668 [in English].
9. Selivanova, N.M., Kornia, S.V., & Simova, A.O. The Use of Electronic Money in Payment Operations of Ukrainian Enterprises: Issues of Regulatory Regulation and Accounting. Economics: time realities. Scientific 2023. № 5 (69). https://economics.net.ua/files/archive/2023/Nо5/90.pdf https://doi.org/10.15276/ETR.05.2023.8 [in English].
10. Subačienė, Rasa, & Kurauskienė, Natalija. (2020). Evaluation of alternatives of cryptocurrency accounting. Buhalterinės apskaitos teorija ir praktika, 22, 4. https://doi.org/10.15388/batp.2020.26 [in English].
11. Zadorozhnyi, Zenovii-Mykhaylo, Muravskyi, Volodymyr, Humenna-Derij, & Mariia, Zarudna. Innovative Accounting and Audit of the Metaverse Resources. Marketing and Management of Innovations, 13, 10-19. https://doi.org/10.21272/mmi.2022.4-02 [in English].
Citations
1. Муравський В., Денчук П., Ревега О. Облік та аудит електронних трансакцій у метавсесвітах. Вісник Економіки. 2022. № 2. С. 128-141. URL: https://doi.org/10.35774/visnyk2022.02.128.
2. Назарова І. Сутність та обліково-інформаційне забезпечення електронних розрахунків. Вісник Економіки. 2022. № 3. С. 123-136. URL: https://doi.org/10.35774/visnyk2022.03.123.
3. Alnujaimi Aws, Manhel Ismael. Creative accounting Standards and its techniques. International Journal of Research. 2024. № 4. 20. P. 939-958. URL: https://www.researchgate.net/publication/379431541_Creative_accounting_Standards_and_its_techniques.
4. Haq Syaif Al, Yunanto. Legal Implications of Using Artificial Intelligence (AI) Technology in Electronic Transactions. International Journal of Social Science and Human Research. 2024. № 7. URL: https://doi.org/10.47191/ijsshr/v7-i05-108.
5. Khalaf Esam. An Introduction to The Development of Accounting Guidelines for Cryptocurrencies (Experimental Study). International Journal of Accounting and Management Sciences. 2022. № 1. URL: https://doi.org/10.56830/BUNS6406.
6. Kurhan, Natalia, Fartushniak, Olha, Bezkorovaina, Lidiia. Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization. Economics of Development. 2023. № 22. P. 8-20. URL: https://doi.org/10.57111/econ/3.2023.08.
7. Makurin Andrii, Maliienko Andrii, Tryfonova Olena, Masina Lyudmyla. Management of Cryptocurrency Transactions from Accounting Aspects. Economics. Ecology. Socium. 2023. № 7. Р. 26-35. URL: https://doi.org/10.31520/2616-7107/2023.7.3-3.
8. Oladutire Oladeji, Shittu Muritala, Olonite Oluyemi. Behavioural of Accounting Policies: The International, Neuroaccounting and Generally Accepted Accounting Principles (GAAPs) Perspectives. International Journal of Research. 2023. № 1. P. 114-120. URL: https://doi.org/10.5281/zenodo.10254668.
9. Selivanova N.M., Kornia S.V., Simova A.O. The Use of Electronic Money in Payment Operations of Ukrainian Enterprises: Issues of Regulatory Regulation and Accounting. Economics: time realities. Scientific. 2023. № 5 (69). https://economics.net.ua/files/archive/2023/Nо5/90.pdf. DOI: 10.15276/ETR.05.2023.8. DOI: 10.5281/zenodo.10092664.
10. Subačienė Rasa, Kurauskienė Natalija. Evaluation of alternatives of cryptocurrency accounting. Buhalterinės apskaitos teorija ir praktika. 2020. № 22. P. 4. URL: https://doi.org/10.15388/batp.2020.26.
11. Zadorozhnyi Zenovii-Mykhaylo, Muravskyi Volodymyr, Humenna-Derij Mariia, Zarudna Nataliia. Innovative Accounting and Audit of the Metaverse Resources. Marketing and Management of Innovations. 2022. № 13. P. 10-19. URL: https://doi.org/10.21272/mmi.2022.4-02.