Accounting, just like any other activity, counts on a set of rules and principles which guide and discipline accounting activity.
Based on those principles, Management Accounting environment (SIGACTB) provides complete automation of accounting entry control, with full integration with other environments that are part of Protheus system.
Some of the most important accounting rules accepted by professionals of the segment are:
• | Continuity: It is something in progress and is not expected to be interrupted (discontinuity-settlement). Since production assets are not destined to sale but to maintenance of the company activity, they must not be evaluated considering realization value (sale), but considering receipt value (usually acquisition or manufacturing cost). |
• | Monetary Common Denominator: It aligns and groups different items which are subject to monetary evaluation in one monetary common denominator (reais). |
• | Objectivity: The accountant must not be subjective in his evaluations; he must be impartial, neutral, when dealing with accounting users. Therefore, whenever possible, accounting records must be used as a support to documentation generated in transaction. |
• | Historical Cost with Basis of Value: Accounting records are made based on acquisition value of assets or on manufacturing price (including all expenses necessary for assets to generate benefits to the company). |
• | Consistency: The use of same criteria enables an efficient comparison of accounting reports from different periods (years). That does not imply that, due to act of God, criteria cannot be changed; however, records of previous operations must be kept. The standardization of accounting reports strongly contributes to comparison among several companies, even those with different activities but acting on the same sector (consistency). |
• | Materiality: The accountant must not make much effort towards trivial or insignificant things that might bring benefits that do not justify of his work. Good sense must prevail when establishing what is really relevant and useful to accounting users. |
• | Conservatism: A precaution attitude that anticipates losses (even if they do not happen) and never anticipates profit. Thus, shareholders will not be influenced by a misleading optimism, for example. |
Management Accounting (SIGACTB) environment also complies with Accrual Accounting, according to effective Law:
Brazilian Corporate Law establishes that the company bookkeeping will be kept in permanent records, in compliance with principles of business law and Brazilian corporate law, as well as most accepted accounting principles (Basic Principles). Effective accounting methods or criteria (consistency) must be followed and equity changes must be registered according to Accrual Basis.
Visão Geral
Import HTML Content
Conteúdo das Ferramentas
Tarefas