Abstract:

The quality of information is one of the topical issues of the research community in the field of accounting and reporting in recent years. This is largely determined by the complexity of the category, its dependence on many components: the ability of the head of an economic entity to rationally organize the accounting system; the ability of users to correctly interpret the accounting and reporting information of the entity; compliance of accounting specialists with established professional requirements; their ability to competent professional judgment, etc. Professional judgment should be focused on the formation of reliable useful information to ensure the quality of accounting and is based on the principles put forward in the article.