Issues of accounting for loans and borrowings in large businesses in the region

Ensuring a stable financial position of business entities in the context of an increasing economic crisis plays an important role. Since, due to the lack of investment support for business development, almost the only way to obtain additional financing is to attract credit resources, control over their accounting and control is an urgent area. In the accounting system, loans and borrowings are recorded on two accounts, depending on the repayment period – up to one year (66) and more than one year (67). These accounts are passive, and all accounting transactions related to receiving funds, as well as their repayment and interest accrual are conducted through them. The study examines the issues of accounting for loans and borrowings in the accounting system, as well as a comparative assessment of credit policy in large businesses in the region using the example of the Kursk region in 2022-2024. It has been established that the general trend for large businesses in the region is high creditworthiness, which is quite natural given the scale of the business and the need for additional financing for the development of activities. At the same time, the largest amount of borrowed funds is long-term, which contributes to the formation of a higher level of financial stability. The values of the debt load and financial leverage coefficients indicate an ambiguous financial situation due to the large volume of loans and borrowings compared to equity.