FEATURES OF COST ACCOUNTING AT THE STAGE OF THE INVESTIGATION AND DEVELOPMENT OF INTANGIBLE ASSETS IN SCIENTIFIC-RESEARCH INSTITUTIONS OF THE NAAS OF UKRAINE
Journal Title: Науковий погляд: економіка та управління - Year 2018, Vol 2, Issue 60
Abstract
Intangible assets are one of the most important objects of the company's property, serving as a source for both competitive advantages and generating profits. Creation and use of intangible assets in the economic activity of research institutions is a very topical issue, because it provides a range of significant advantages, among which we can highlight the main: increase the value of the enterprise, contribute to the growth of innovation attractiveness, and provide protection of rights. At the same time, many questions arise regarding the reflection of the costs associated with the research and development of such assets. The article notes that the accounting system for research and development costs for the creation of intangible assets in Ukraine is only developing. The creation of intangible assets in research institutions has certain features, the main of which is budget financing. In the process of organizing the accounting for research and development accountant it is necessary to clearly distinguish between the stages of research and development, to determine the possibility of obtaining a new product or recognition of costs of the reporting period. Therefore, the actual task is to investigate the accounting reflection of the cost of research and developmenIf as a result of the development does not create an intangible asset, the development costs are the cost of the reporting period in which they arose and are accounted for as other operating expenses. If the enterprise creates a development, which it plans to register in accordance with the law as an intangible asset, the costs of such development should be recorded as part of capital investment. Thus, the correct organization of accounting for the costs of research and development will provide an opportunity to obtain objective and qualitative information on the cost of the created objects of intangible assets. It is recommended that research institutions determine the list of costs in the context of the research and development phase and fix them in the accounting policy. This will help avoid mistakes in evaluating and setting the balance of created intangible assets and provide the user with complete and accurate information about the status of such facilities in the research institution.
Authors and Affiliations
N. A. Chugrii
Keywords
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- EP ID EP450105
- DOI 10.32836/2521-666X/2018-2-60-26
- Views 146
- Downloads 0
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