Accounting and analysis of effective use of manufacturing spare parts on enterprise in modern conditions
Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 1, Issue
Abstract
The article considers and investigates the importance of the optimal amount of inventory for the enterprise, the current state of accounting of business operations associated with the organization and implementation of inventory accounting at enterprises and analysis of their effective use at the enterprise. The directions of their improvement are offered. The peculiarities of inventory accounting under IFRS are analyzed, taking into account the urgency of their use in the process of integration transformations in Ukraine. It is shown that for the effective activity of the enterprise, the general reference is to minimize material reserves within the permissible limits, which leads to accelerating the turnover of production resources and increasing the competitiveness of produced products. Industrial stocks are part of production capital, which is the main factor of production, together with labor, land and entrepreneurship. The efficiency of the use of reserves is mainly determined by the level of production at the enterprise, in particular its technical and economic and financial indicators. It is the accounting system and the analysis of stocks at an enterprise affects the size of the profit received. The article identifies problems with the process accounting and analysis of industrial stocks at an enterprise that require immediate solutions. The peculiarities of inventory accounting according to IFRS are analyzed, it is taking into account the relevance of their use in the process of integration transformations in Ukraine.
Authors and Affiliations
Svitlana Leonidivna Yakovenko
Keywords
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