THE IMPORTANCE OF BALANCE THEORIES IN THE FORMATION OF FINANCIAL RESULTS
DOI:
https://doi.org/10.61841/6k11sb64Keywords:
Financial reporting, balance sheet, financial result, income, cost, profit, loss, balance theories, static balance theory, dynamic balance theory, organic balance theoryAbstract
This article provides a comparative analysis of the requirements of existing balance theories in the preparation of financial statements. As a result of the research, the effectiveness of organic balance in the formation of financial results by businesses at the level of requirements of international standards is substantiated.
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References
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