Assessing the usefulness of small businesses’ financial reporting information: the national aspect of the Republic of Moldova

• Authors: Irina Golochalova

Title variants

PL

Ocena użyteczności informacji zawartych w sprawozdawczości finansowej małych przedsiębiorstw: aspekt krajowy Republiki Mołdawii

Abstracts

EN

Much research has been aimed at resolving such issues as the quality of financial reporting and harmonization of report preparation methodology. In this regard, the objective is to identify a number of problems in the accounting system of the Republic of Moldova, which reduce the usefulness of small business financial reports, and develop practical recommendations to improve the quality of the financial reporting information content. The research has been conducted using both the general scientific and special methods, i.e., system approach, comparison and content analysis, synthesis, modeling. The main methods, on the basis of which the research algorithm has been constructed, entail content analysis and comparison. A conceptual analysis of the accounting and reporting system’s regulatory provisions and legal framework has been carried out; individual accounting methodology terms have been conceptually interpreted; a conceptual assessment ‘Changes in Equity Statement’ information perimeter and its usefulness has been conducted. The research is of scientific significance in terms of improving the conceptual apparatus and determining the development prospects for the national accounting system. The proposed changes in the regulatory and legal framework of the RM accounting system, as well as the recommended reconstruction of the Changes in Equity Statement are of practical importance. The study show a perspective on eliminating the ambiguity and paralogism in the conceptual apparatus of the national accounting system. It also presents a viewpoint on the modeling of financial reporting and the formation of optimal parameters for the quality and informativeness thereof.

Keywords

EN

Financial Statements; reporting paradigm; usefulness; accounting methodology; information quality.

• Publisher: Sopocka Akademia Nauk Stosowanych
• Journal: Przestrzeń, Ekonomia, Społeczeństwo
• Year: 2022
• Issue: 21/I
• Pages: 89-115

Dates

published

2022

Contributors

author

Irina Golochalova

• University State of Moldova

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Identifiers

DOI

10.23830/21/I/2022/89115

Biblioteka Nauki

2232267