Algorithm development to assess the financial statements reliability in agricultural organizations

Users of accounting (financial) statements rely on the information that is presented to them when making management decisions. However, reporting indicators are often distorted, which can affect the effectiveness of managerial decisions. Due to the lack of generally recognized clear and scientifically based criteria for recognizing accounting information as reliable, there is a need to form criteria for assessing the correspondence of information about the subject and its real state. The purpose of the study is to develop an algorithm for assessing the indicators of accounting (financial) statements for their reliability. Research objectives: to determine the criteria for the reliability of reporting indicators; assess the reporting indicators of the enterprise; identify the presence of signs of distortion of reporting data; propose an algorithm for assessing the reliability of reporting. The object of the study is the Sagaan Gol Agricultural Purchasing and Supply Processing Consumer Cooperative (SZSPPC) of the Ekhirit-Bulagatsky District of the Irkutsk Region. The choice of this object is due to the fact that it is with this form of management that the members of the cooperative are both owners and clients (suppliers, consumers), which requires a careful approach in the formation of information about the formed mutual fund, the distribution of financial results and the implementation of calculations. Research methods: vertical and horizontal balance sheet analysis, analysis of financial ratios, comparison method and abstract-logical method. The main results of the study are as follows: approaches to the concept of reporting reliability based on the proposed methods are systematized; indirect signs indicating the presence of distortions in the financial statements are identified; an algorithm for assessing the reliability of accounting (financial) statements is proposed. The algorithm proposed by the authors for assessing the reliability of the reporting indicators of the SZSPPC Sagaan Gol contains 9 criteria that indicate the falsification of reporting indicators. In the course of the analysis, the presence of 5 signs was revealed.