Оn  Methodological  Approaches  to  the  Formation of Indicators  of  Trade  Organizations  Effectiveness

The article focuses on the importance of methodological approaches to determining the effectiveness of organizations; considers such approaches to the calculation of performance indicators as the “costly” approach, the “net return” approach and the approach “characterizing the effectiveness of capital allocation”. It identifies the factors which influence the availability of reliable information for assessing the organization effectiveness by external users of accounting (financial) statements and complicate this assessment for internal users. The authors carry out a comparative analysis of the calculation of performance indicators dynamics, made by the traditional method and the refined method, in terms of adjusting the differentiation of complex articles of accounting (financial) reporting and excluding tax accounting items. It is concluded that to increase the reliability of the information base for evaluating the effectiveness of organizations, it is important to take into account the estimated characteristics of the reported indicators at fair value or amortized cost. The article substantiates the expediency of making adjustments to accounting (financial) items not related to cash flows.

1. Zhitlukhina O.G., Mikhalyova O.L. On the development of methodological support for assessing the economic effciency of an integrated management structure of groups of companies. Problemy sovremennoy ekonomiki = Problems of the modern economy. 2017;1(61):83–87 (In Russ.).

2. Rutgizer V. M. The new standard of valuation. Who needs fair value and why? URL: http://urist-edu.ru/buhgalteriya/24649/index.html (accessed on 10.09.2018). (In Russ.).

3. Ivanova O.V. Fair value in the system of value measurement of assets and liabilities. Uchet i statistika = Accounting and statistics. 2013;2:59–67. (In Russ.).

4. Paulo. R. The fairness or fair value: SFAS 157, IRVING FISHER AND GECON 1REVISTA EVIDENCIAÇÃO CONTÁBIL & FINANÇAS João Pessoa; 2017. URL: http://periodicos.ufpb.br/ojs2/index.php/recfn (accessed on 20.08.2018).

5. Zhitlukhina O.G. Financial instruments as factors influencing the processes of “financialization” in the aspect of fnancial reporting. Sovremennaya nauka: aktualnye problemy teorii i praktiki = Modern science: current problems of theory and practice. 2018;6:94–101. (In Russ).

6. Raizberg B.L., Starodubtseva E.B. Economy course. Moscow: Drofa; 2014. 688 p. (In Russ.).

7. Averchev I.V. IFRS 2013. Comments and practice of application. Moscow: Editorial Board of Accounting; 2013. 1064 p. (In Russ).

8. Pyatov M.L. We don’t have a crisis, since EBITDA order. Bukh 1C = Buh 1S, 2017;8(Aug.):40–45. (In Russ.).

9. Valdaytsev S.V. Business assessment. А textbook. Moscow: Prospect, TK Welby; 2003. 352 p. (In Russ.).

10. Teplova T.V. Corporate Finance. Part 1. Moscow: Yurayt; 2018. 390 p. (In Russ.).

11. Walsh K. Key management ratios: The clearest guide that drive your business. Kiev: Companion Group; 2008. P. 400.

12. Damodaran A. Investment valuation: Tools and techniques for determining the asset. Moscow: Alpina Publisher; 2018. 1316 p. (In Russ.).