Organization of accounting and auditing of farming activities

Abstract

Accounting of farming activity involves systematic recording in primary accounting documents, their storage and further processing, formation of registers and preparation of financial, statistical and tax reporting. Farms that are registered as legal entities and those that have the status of individual entrepreneurs must carry out the documentation of their economic activity. That is why a rational system of document circulation and verification is the key to creating a single information space. within the farm, which helps to organize high-quality and effective management of their activities. The goal is to highlight the peculiarities of the organization of accounting, auditing and the procedure for drawing up financial statements in farms.