Generalization of scientific approaches to the definition of the principles of managerial accounting

Abstract

A research aim is generalization of the scientific approaches to determine the principles of managerial accounting. It is well-proven that the list of principles of managerial accounting, presented in scientific literature, is contradictory and debatable. To conclude, the system of managerial accounting must be based on general methodological (financial) principles of recordkeeping. At the same time, it must envisage the set of universal and specific principles taking into account the informative necessities of certain enterprise. Reasonably, those global principles of managerial accounting, that absorbed for itself the best practices of foreign countries, come forward as universal. The approaches to the generalization of the managerial accounting principles were determined; they allow the need for systematization and universalization of their own principles of management accounting.