Improving the analyticity of accounting for subsidies in agricultural organizations

Subject. The article discusses analytical possibilities of accounting for subsidies received and used by agricultural organizations in their activities. Objectives. The aim is to substantiate proposals to develop analytical capabilities of accounting and reporting information on government subsidies received by agricultural organizations from budgets of all levels. Methods. The study employs methods of scientific generalization, evaluation of expert opinion, critical analysis, induction and deduction, and theoretical modeling. Results. The paper determines that the key stages of accounting for subsidies in agricultural organizations are reduced to a simplified procedure by charging budget funds to cash accounts and other income of the organization. This procedure impairs the analyticity of data. Furthermore, the paper underpins additions to ledgers and basic forms of reporting by data lines on subsidies as funds and as sources of additional financing. It offers certain areas to develop the analysis of subsidies. Conclusions. The expansion of analytical capabilities will strengthen the information component of methodology for financial and managerial analysis of effectiveness of subsidies use in agricultural organizations. The results of the analysis will be useful for agribusiness management bodies to monitor the achievement of certain results using budgetary resources, and their further planning.