Accounting valuation development of specific assets
Journal Title: Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу: міжнародний збірник наукових праць - Year 2017, Vol 38, Issue 3
Abstract
The current issues of accounting estimate development are considered. The necessity of the development of accounting estimate in the context of the non-institutional theory principles based on the selection of a number of reasons is grounded. The reasons for deterioration of accounting reputation as a separate socio-economic institute in the context of developing the methodology for specific assets accounting are discovered. The system of normative regulation of accounting estimate of enterprise non-current assets in the case of diminishing their usefulness is analyzed. The procedure for determining and accounting for the depreciation of assets in accordance with IFRS 36 «Depreciation of Assets» is developed. The features of the joint use of the concept of «value in use» and «fair value» in the accounting system are disclosed. The procedure for determining the value of compensation depending on the degree of specificity of assets is developed. The necessity to clarify the features that indicate the possibility of diminishing the usefulness of specific assets (termination or pre-term termination of the contract for the use of a specific asset) is grounded.
Authors and Affiliations
I. V. Zhigley, I. A. Yuhimenko-Nazaruk
Keywords
Related Articles
- EP ID EP289897
- DOI -
- Views 108
- Downloads 0
Multivariate accounting in international financial reporting standards
The necessity of the research on the basis of the positivist model of scientific knowledge is proved. The value of the conceptual framework in the process of bookkeeping selection is analyzed. The differences of the acco...
Аudit of enterprise expenses for protection and rational use of natural resources in process of economic activity of enterprise
Implementing an effective environmental policy is complicated by the absence of proper provision of reliable information on the environmental activities of participants of an economic activity. In such circumstances, the...
Managerial accounting of costs in the system of management of enterprise logistics activity
The article deals with the analysis of scientific researches about the reflection of the logistics activity costs of a production enterprise in the system of analytical accounting. Practice shows that it is difficult to...
Analysis of changing bank services in globalization process of financial business
The process of economic development of every country is closely connected with the functioning of effective infrastructure of financial market, in the carter of which is a bank system. The success of market relations, th...
Priority tasks for improvement of budget financing processes of higher educational institutions
The research presents the statistical data of respondents’ survey on their views on qualitative changes in education in Ukraine during the years of its independence, changes in the level of education of the population, o...