Modern enterprises, regardless of the field of activity and organizational-legal form, are interested in attracting investments to finance various projects and expand production. Capital investments are implemented in the form of new construction, reconstruction, modernization, technical re-equipment, acquisition and creation using own resources of tangible and intangible assets.
From a methodological point of view, the accounting of capital investments has a number of controversial issues that need improvement. First of all, this sphere of accounting has unclear and incomplete regulatory support because, depending on the body of state administration of the corresponding sector of the economy, the interpretation of the concept of "capital investment" changes.
Features of the organization and methods of accounting for capital investments of the enterprise today are reflected in its accounting policy. It is important to follow the stages of accounting and present in the organization of capital investments which allow the enterprise to carry out its economic activity transparently, to provide the most complete and reliable information about the investment activities of the enterprise, its financial condition and efficiency of activity:
1. Verification of the actual availability, technical documentation of capital investment objects, acts of acceptance transfer, inventory cards, etc.
2. Establishing the compliance of capital investment objects with the criteria of acknowledgement of assets and determining the possibility (feasibility) of their further use.
3. Assessment of costs incurred for the creation or acquisition of capital investment objects.
4. A reliable presentation of the capital investment process in the financial statements of the enterprise, in separate forms of which the composition of capital investments, the number of investment costs for the year and unfinished production (construction) at the end of the year are disclosed.
According to the Chart of accounts [1] and the Instruction [2] on its application, account 15, "Capital investments", is provided for accounting of unfinished capital investments. In Form 1 "Balance (Statement of Financial Position)", information on capital investments is presented in the first section of the asset under Article 1005, "Incomplete Capital Investments". In the Notes to the annual financial statements, data on capital investments are summarized in the third section by their types: capital construction, acquisition (production) of fixed assets, acquisition (production) of other non-current tangible assets, acquisition (production) of intangible assets, formation of long-term biological assets.
However, the specifics and complexities of capital investment accounting require clarification of the regulatory framework, which regulates the work of the accounting apparatus of domestic enterprises. That is why the adoption of separate Accounting Standard for the accounting of capital investments significantly optimizes the accounting support of the investment process of domestic enterprises.
References:
1. Chart of accounts of 30 November 1999 №291. URL: https://zakon.rada.gov.ua/laws/show/z0892-99#Text
2. Іnstructions for use of the Chart of accounts of of 30 November 1999 №291. URL: https://zakon.rada.gov.ua/laws/show/z0893-99#Text
|
Голосування 
Ця робота ліцензується відповідно до Creative Commons Attribution 4.0 International License
Знайшли помилку? Виділіть помилковий текст мишкою і натисніть Ctrl + Enter