Home – Home – Jornals – Scientific journal “Vestnik NSUEM” 2018 number 1

The article offers a discussion of theoretical justification and implementation of the model of operating technology of financial accounting, which forms financial reporting automatically. Primary accounting data are at the input of such accounting, full featured financial reporting is at the output. Accountant doesn’t need to participate in the accounting process since there are no accounts or entries. Accounting funds are not placed into accounts, but in electronic registers, and the movement is provided by the program calculation module rather than by entries. Accounting automation is done on the principle of “entering primary accounting data and forgetting about it”.