Metodologicheskie problemyi uchyota obestseneniya osnovnyih sredstv

• Authors: Olga V. Rura

Title variants

EN

Methodological Problems of Accounting for Impairment of Fixed Assets

• Languages of publication: RU

Abstracts

EN

In response to the financial crisis, unstable political and economic situation, the actual cost price of fixed assets does not necessarily reflect their real value. Financial accounting procedure, which takes place on the date of reporting and is designed to reflect the impairment of fixed assets at the balance sheet date, is reduced (recovery) utility. The main problems associated with its application in Ukraine are: calculation of recoverable amount; choice of discount rate; distribution of the amount of impairment loss between the assets group, generating cash flow. The testing procedure for the depreciation of assets is complex, requires more work and special knowledge. Many of the indicators are based on subjective evaluations and professional judgment, which can lead to errors and abuse reporting. Overcoming these problems must be based on an integrated problem solving organizational, methodological and methodical nature.

Keywords

EN

IMPAIRMENT; FIXED ASSETS; RECOVERABLE AMOUNT; FAIR VALUE; NET VALUE REALIZATION; VALUE IN USE

• Publisher: Sumy State University, Business and Management Academy of Ukraine - Sumy regional branch and Publishing Company 'University Book'
• Journal: Mekhanizm Rehuluvannya Economiky
• Year: 2013
• Volume: 2 (60)
• Pages: 79-87

Contributors

author

Olga V. Rura

• Department of accounting and audit, Sevastopol State Technical University, Sevastopol’, Ukraine