INFORMATION SUPPORT AND ACCOUNTING BANKRUPTCY PROCEDURES OF AGRICULTURAL ORGANIZATIONS

Abstract

The authors justify the necessity for information supporting the needs of owners and other parties concerned when carrying out bankruptcy procedures in agricultural organizations in accordance with the laws of the Russian Federation. Aiming at providing operational accounting, controlling and analyzing cash basis when carrying out bankruptcy procedures the authors worked out the system of analytical accounts to the accounts of bookkeeping accounting. For present-day and authentic reflection of the results of each stage of liquidation of organization-bankrupt, evaluation of real property and financial status, definition of the assets of estate and sums of creditors’ claims the authors recommend a form of intermediate and final liquidating balance sheet. The use of the suggested directions for improving accounting and analytical support when carrying out bankruptcy procedures will help to raise authenticity of reflection of accounting and reporting information, evaluate creditors’ claims, results of realizing property, and effectiveness of carrying out bankruptcy procedures.