Accounting in the Soviet Union

"As the author of two books, I am impressed by the thoroughness and depth of coverage the authors provide their readers...I consider this book must reading for any serious reader interested in international accounting, and especially for readers interested in Soviet accounting practices."-Prof. Calvin Engler Professor of Accounting Iona College

EHIEL ASH studied at the Moscow Institute of Management and Business Administration and is a member of the faculty at the Hagan School of Business at Iona College. He has both teaching and practical experience in accounting procedures and economic analysis in the Soviet Union. Dr. Ash has published numerous books and journal articles in both the United States and in the Soviet Union. ROBERT STRITTMATTER is Associate Professor of Accounting at Iona College. He is the author of an advanced accounting software package.

Preface Introduction Soviet Enterprise Management: The Political and Economic Environment The Social Structure and Policy of the USSR Characteristic Features of Socialism in the Soviet Union The Soviet Economy: An Unadorned and Outspoken View A Socialist Industrial Enterprise Finance, Money, and Prices in the Soviet Union The Alternative (Underground) Economy Objectives and Standardization of Soviet Accounting Accounting Theory as the Basis for Creation of Accounting Practice Development of Accounting Theory and Systems Accounting Methodology and Enterprise Resources The Balance Sheet, Account Theory, and Verification Devices Accounting for Economic Resources, Their Sources, and Economic Processes in Soviet Industrial Enterprises Accounting for Plant Assets Accounting for Materials and Low-Cost Expendable Items Accounting for Labor and Payroll Accounting for Production Costs Inventorying of Production and Cost Determination Accounting for the Finished Product Accounting for Cash and Credit Transactions Accounting for Funds, Financial Results, and Price Changes Reporting Enterprise Financial Position and Operations Economic Analysis as a Means of Control Appendixes Bibliography Index