The role of accounting in the profit management of the organization

UDC 336

Authors

Falileeva I. S.
master’s student Plekhanov Russian University of Economics

Abstract

The information generated in accounting analytical systems makes it possible to analyze what factors generated income and expenses in the reporting period, to assess their ratio to the value of assets and revenue, thus being a tool for informing and making decisions for users of accounting information.
The article reveals the theoretical essence of profit and the reflection of its indicators in financial statements in accordance with Russian and international accounting standards. A comparison of the coefficient approach to profit analysis and the operational leverage method is carried out. The influence of cost allocation in the accounting analytical system on the final financial result of the organization is considered.

Keywords

profit, accounting, financial reporting, profit analysis, income, expenses, management accounting, operational leverage.