GLOBAL MANAGEMENT ACCOUNTING PRINCIPLES IN THE SYSTEM OF PROVIDING RESOURCE POTENTIAL OF THE ENTERPRISE

Abstract

Effective enterprise management in conditions of business risk is based on the use of relevant information. The main provider of accounting information is management accounting, which requires clarification of its scientific positioning. The aim of the article is to analyze scientific publications on the principles of management accounting, as well as the content of the Global Management Accounting Principles, developed by CIMA and AICPA, and to offer ways to improve them. The following research methods were used in the article: analysis, synthesis, comparison, logical generalization and scientific abstraction, systematic approach, statistical and historical methods. The article reveals the essence of management accounting and its principles. The definition of management accounting in international regulations, the Law of Ukraine "On Accounting and Financial Reporting in Ukraine", publications of domestic and foreign scholars are analyzed. A comparative analysis of the names and essence of the Global Management Accounting Principles in the relevant normative document, the scientific literature of domestic and foreign economists have been conducted. It is substantiated that the global management accounting principles in the relevant international normative document should be as follows: 1) communication impact; 2) relevance of information; 3) cost analysis; 4) trustworthy management. The proposed author's interpretation of management accounting and the names of its principles could be used to amend international and domestic regulations and legislation.