Accounting: functional approach

Abstract

Accounting is a management function, which acquires the dominant weight in the economics of innovative development and knowledge. This in turn requires changing those tasks that belong to it and its performed functions. Having its own theory, accounting is directed on fulfillment of tasks of public nature in practical life and internally production (management) content. Exploring the mentioned above issues, we believe that the division of accounting on the science with its own theory and on the industry of practical activity with its technique, methodology and organization, is justified and meets its purpose. Therefore, we conduct scientific exploration in this article regarding the distinguishing of the functions of accounting theory, accounting as scientific knowledge and practical human activity. The above mentioned facts made it possible to pay attention to the current problems in the development of accounting science, practice and explore the possibility of the appearance and description of new elements of its method.