Name
Afanasenko Anastasia Nikolaevna
Scholastic degree
—
Academic rank
—
Honorary rank
—
Organization, job position
Kuban State Agrarian University
Web site url
—
—
Articles count: 3
The article substantiates the necessity of drawing up
competent accounting policies in the field of inventory,
to ensure the internal control in the legal entity. We
explore the impact of accounting policies for the
recognition and measurement of inventories on the
financial reporting and suggest measures to reduce the
distortion of information that serves as the basis for
management decisions
The article reveals and confirms the necessity for provision
for impairment of tangible assets. Inadequate valuation
of provision for impairment of tangible assets or
its non-reflection in accounting leads to the distortion of
all forms of accounting (financial) statements, except
for cash flow statement. Because of it, there is a distortion
of the information provided to reporting users. Also,
the article describes the main legal and theoretical
ideas about provision for impairment of tangible assets
in the organization; a comparative analysis of domestic
and foreign practice of creating reserves for impairment
of tangible assets. More advanced and practical methods
of creating reserves are developed; degree of impact
on the financial (accounting) reports the creation of
reserves for impairment of tangible assets in the organization;
summary of the importance of the audit with the
creation and use of provisions for impairment of tangible
assets
The article considers the necessity of inventories for any organization. The fate of the organization depends on its management effectiveness and its financial position. The organizational peculiarities of internal control in the agricultural sphere have been studied and the ways of improvement of the organizational and methodological mechanisms have been offered for the internal control of inventories in agricultural organizations