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№ 1/2017

№ 1/2017

Fìnansi Ukr. 2017 (1): 26–0

FINANCIAL AND ECONOMIC REGULATION

RIAZANOVA Nadiia 1, FEDOSOV Viktor 2

1Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0003-1419-1189
2SHEE “Kyiv National Economic University named after Vadym Hetman”
OrcID ID : https://orcid.org/0000-0003-1092-4218


Financial accounting as an information and infrastructure subsystem of modern macroeconomics


Abstract. This article completes the series of publications devoted to the study of the nature, the place and the role of financial accounting in the information society economy. Finance, representing the value (money) relations in a society, is part of the infrastructure of its economy, a determinant in its distribution and redistribution mechanism. Therefore, a wide range of adequate financial information is vital to all economic agents. To provide them with such information,the unique social institute of financial information – financial accounting – has objectively acquired an extensive development in the XXI century. Financial science is just beginning to study it. Functioning on the surface of the financial and economic life in the form of systematic activity on exposure, collection, analytical treatment and provision of corresponding information of products and services, financial accounting has gradually become the key institute of opened – id est with unrestricted acсess – information about financial relations in society. The subject of this paper is a macrolevel segment of financial accounting, which exists in symbiotic relationship with its other micro level segment ,that is the result of the unity of the information field and integration of financial and economic relations in the modern society. Macroeconomics is characterized by aggregated parameters, which allow to identify cause-effect relations and dependencies in the economic relations of society, to track their trends and patterns, to predict a general development of macroeconomics and its influence on microeconomics processes. Financial accounting of macroeconomics deals with collection, processing and analysis of macroeconomic data, providing all necessary analytical information to users. Financial accounting of macroeconomics, being an information subsystem of finance, has, as the subject of its activity , the value (money) distribution relationships at the macrolevel. The paper discloses theoretical and pragmatic aspects of financial accounting of modern macroeconomics and examines the dialectical interconnection between financial accounting and finance. From the standpoint of the theory of open systems, approaches to the identification of the role of financial accounting in macroeconomics as an open system are examined.

Keywords:financial accounting, financial information, information attribute of finance, information function of corporate finance, information asymmetry in finance, products and services of financial accounting.

JEL: D80, M41, M42.


RIAZANOVA N. . Financial accounting as an information and infrastructure subsystem of modern macroeconomics / N. . RIAZANOVA, V. . Fedosov // Фінанси України. - 2017. - № 1. - C. 26-0.

Article original in Ukrainian (pp. 26 - 51) DownloadDownloads :749
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