RECEIVABLES AS A WAY OF SHADOWING INCOMES OF AN ENTERPRISE

Abstract

In a time of crisis, both political and economic, the question of “shadow economy” has arisen very actually, especially hiding the company income. Shadowing the company income is one of the biggest problems of the economy of Ukraine.

In the article a concept of shadow economy is determined. Conditions for the operation of the enterprise "in the shadow", methods of hiding income by minimizing the payment of income tax of enterprises and single social contribution are described.

The methods of minimizing payments of income tax are considered. Conditions, needed for the operation of the business in the shadow are indicated. The ways to reduce the amount of official income (revenue) from realization of products (goods and services) are examined.

Special attention is paid to the process of shadowing business income, through the accumulation of artificially created receivables. The last reduces the income (revenue) from realization of products (goods and services) and simultaneously allows including not incurred or included in management accounting costs to company costs displayed in accounting. The result is a reduction of income or getting losses from business activity, and thus shadowing business income.

An example of the real use of shadowing schemes of income of the enterprise by increasing receivables is described. At the same time indicators of performance of the company A for 3 years are described. Receivables in the reporting period exceeded its losses, ie the return of receivables in the 1-st year would help the company get out of the crisis, and at the 2-nd and 3-rd years even brought it to an adequate level of income.