scholarly journals PROBLEMS OF ACCOUNTING FIXED ASSETS AT THE ENTERPRISE

2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Iryna Feofanova ◽  
◽  
Olgha Antonova ◽  
Keyword(s):  
Production Capacity ◽  
Economic Resources ◽  
Economic Conditions ◽  
Accounting System ◽  
Normative Documents ◽  
Initial Stage ◽  
Fixed Assets ◽  
Modern Economic ◽  
Effective Use

The article is devoted to topical issues of improving the methodology and organization of fixed assets accounting. Fixed assets play a huge role in the labor process, as they together form the production – technical base and determine the production capacity of the enterprise. Their condition directly affects the activities of the enterprise, namely its continuous operation. Over a long period of use, fixed assets enter the enterprise and are put into operation; wear out as a result of operation; are repaired, by means of which their physical qualities are restored; leave the enterprise due to obsolescence or inexpediency of further use. Fixed assets used in enterprises in modern economic conditions are one of the most important economic resources. Fixed assets, formed at the initial stage of the organization, require constant management. In the process of accounting at enterprises there are a number of problems of methodological and practical nature in the organization of accounting, valuation and depreciation of fixed assets. In the course of writing the article, the economic characteristics and concepts of fixed assets, theoretical aspects of fixed assets accounting, normative documents related to the researched problem were investigated. The analysis of fixed assets can be carried out in several areas, the development of which in the complex allows to assess the structure, dynamics and efficiency of fixed assets and long-term investments. Options for solving problems in accordance with modern economic conditions are revealed. The correct organization of accounting of fixed assets ensures the efficiency of their use, the timeliness of determining and reflecting transactions with changes that occur with them, the completeness of the reflection of these changes in value terms in accounting. Thus, the fixed asset accounting system needs to be improved. A comprehensive approach to the organization of fixed assets accounting is needed, which is able to provide the necessary conditions and opportunities for the use of valuable accounting information to make management decisions on the evaluation and effective use of fixed assets.

Models for the balance sheet, the trading account and the profit and loss account; 8. A section on cost accounting, including a description of the system adopted, terminology, rules for computing product costs, an explanation of the perpetual inventory method and the procedure for the classification of expenses into fixed and variable categories; 9. Statistical accounts necessary to analyze the company's situation and establish a national accounting system (see point 4 in the previous section). General Features of the 1947 Plan The plan offered a simple, logical and flexible structure, while introducing the most advanced cost accounting techniques of the time (the homogeneous sections method described earlier). Termi­ nology and presentation were largely borrowed from the account­ ing tradition. The chart of accounts (see Appendix) classes were chosen in accordance with the two traditional objectives of finan­ cial accounting: the determination of the firm’s situation and the analysis of the year's results. The plan used the decimal system to number accounts and classes of accounts. The main classes of the plan were as follows: Balance 1. Permanent capital (capital, reserves, liabili-sheet ties); accounts 2. Fixed assets and investments; 3. Stocks; 4. Third-party accounts (receivables and payables); 5. Financial accounts (short-teim loans and borrowing, short-term investments, cash); Operating 6. Expenses, classified by type; accounts 7. Revenues, classified by type; 8. Profit and Loss accounts; 9. Cost accounting accounts; 10. Statistical accounts. This structure made it easy to prepare the balance sheet which was established from the accounts of the first five classes. Unlike the 1942 Plan, the order of appearance of the accounts on the balance sheet was the same as in the chart of accounts. Ac­ counts were first classified according to the duration of use or realizability for assets (short or long-term) and according to the

2014 ◽  
pp. 346-346
Keyword(s):  
Balance Sheet ◽  
Cost Accounting ◽  
Third Party ◽  
Accounting System ◽  
Fixed Assets ◽  
Perpetual Inventory Method ◽  
Product Costs

Assessment of the company's liquidity and solvency

2020 ◽  
Vol 19 (3) ◽  
pp. 88-94
Author(s):  
E. A. Bazovkina ◽  
E. A. Golovaneva
Keyword(s):  
Financial Stability ◽  
Well Being ◽  
Acceptable Level ◽  
Economic Conditions ◽  
Financial Resources ◽  
Agricultural Enterprise ◽  
Modern Economic ◽  
Effective Use

The activity of any enterprise is impossible without the availability and effective use of financial resources. The financial stability of an enterprise is an indicator of its well-being. In modern economic conditions, it is important to analyze liquidity and solvency in the framework of evaluating the effectiveness of the enterprise. The article presents the results of the analysis of the liquidity and solvency of an agricultural enterprise, as well as recommendations for maintaining an acceptable level of liquidity.

scholarly journals STRATEGY OF THE FORMATION AND DEVELOPMENT OF AN INNOVATIVE AGROINDUSTRIAL CLUSTER OF THE REGION IN A CONTEXT OF DECENTRALIZATION OF THE AUTHORITATIVE POWERS

2021 ◽  
Vol 2 (37) ◽  
pp. 219-230
Author(s):  
О. Popelo ◽  
M. Butko ◽  
A. Revko ◽  
O. Garafonova ◽  
О. Rasskazov
Keyword(s):  
Rural Areas ◽  
Block Diagram ◽  
Jel Classification ◽  
Economic Conditions ◽  
Industrial Complex ◽  
Economic Space ◽  
Ecological Problems ◽  
Modern Economic ◽  
Agroindustrial Complex ◽  
Effective Use

Abstract. A research method of determining the clustering potential of the industrial complex of the region is proposed within the article. The main objective of the research is the development of a strategy of the formation and development of an innovative agroindustrial cluster of the region in the setting of decentralization of authoritative powers. In modern economic conditions, the search and application of new, adequate approaches to innovative development of agroindustrial enterprises is reasonably required. It is proved that the most significant form of the implementation of the agroindustrial enterprise potential is innovative clusters, which should be considered as economic subjects concentrated and technologically related on the geographical grounds and technologically new ones, which form territorial production complexes on a specific territory. It is substantiated that the policy of decentralization of authoritative powers is a significant catalyst for the cluster development, especially the agroindustrial production and economic recovery of many rural areas. This article studies the objective of intensification of the formation processed of innovative agroindustrial clusters in the regions of Ukraine. The block diagram showing the result estimation of clustering development of innovative agroindustrial enterprises of the region is proposed. A conceptual model of formation and development of innovative agroindustrial cluster of the region, which is based on structural modernization of economic space, solution of economic, social and ecological problems due to effective use of available areal resources, is developed. Keywords: cluster, innovation, agroindustrial enterprises, agroindustrial cluster of agroindustrial complex, decentralization, production core, innovative core. JEL Classification R00, R11 Formulas: 7; fig.: 2; tabl.: 1; bibl.: 12.

scholarly journals FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT

2019 ◽  
pp. 157-165
Author(s):  
M. E. Kosov
Keyword(s):  
Economic Conditions ◽  
Financial Resources ◽  
Working Capital ◽  
Charitable Organizations ◽  
Commercial Activities ◽  
Charitable Foundations ◽  
Modern Economic ◽  
Limited Period ◽  
Financial Mechanism

The functioning of charitable organizations in modern economic conditions requires significant financial resources. Analysis of financial aspects of Russian charitable organizations and development of recommendations for financial mechanism improvement are aims of the paper. The main problem of the financial mechanism functioning of the Russian charitable organizations is, that the legislation refers to charity, target assistance to specific people and organizations in limited period of time. The regulatory framework should encourage the emergence of sustainable charitable institutions – organizations, which are committed to long-term work. To expand their capabilities, it is advisable for charitable foundations to implement projects, related to commercial activities, all profits from which will be directed to the working capital of the Fund for purpose of redirecting to charity.

scholarly journals INTERNAL AUDIT OF FIXED ASSETS IN MODERN ECONOMIC CONDITIONS

2020 ◽  
Author(s):  
Lyudmila Babich ◽  
Irina Karlova ◽  
Svitlana Nakonechna
Keyword(s):  
Internal Audit ◽  
Economic Conditions ◽  
Fixed Assets ◽  
Modern Economic

scholarly journals ASSESSMENT OF INVESTMENT PROFITABILITY TAKING INTO ACCOUNT BANK CREDIT REPAYMENT

2017 ◽  
Vol 21 (2) ◽  
pp. 150-158
Author(s):  
P. V. Sergeev ◽  
V. M. Butorin ◽  
А. V. Polyanskiy
Keyword(s):  
Balance Equation ◽  
Negative Impact ◽  
Business Development ◽  
Bank Credit ◽  
Economic Conditions ◽  
State Support ◽  
Investment Activity ◽  
Modern Economic ◽  
Debt Repayment ◽  
Effective Use

In modern economic conditions for business development businessmen have to take bank credits. At the same time it is necessary to consider that growth of inflation has negative impact on investment profitability, increases risks, and significantly limits businessmen investment activity. In this regard, adequate ensuring calculation of bank credits payment plan is up-to-date. This article describes investments profitability taking into account bank credit repayment in case of state support and without it. Balance equation is necessary to make evaluation of capital investment profitability in enterprise. It is possible to define compliance between sum of money invested by businessman creditor together with added percent and sum of borrower extinctive payments should be also taken into account. The balance equation allows credit income calculation for businessman creditor and distributing it on income sources and credit debt repayment periods. One part of credit debts goes for principal debt repayment and the other part is for percent repayment of debt rest. For the purpose of state support for innovative directions of business development it is offered to compensate annually a certain part of money from the total payment amount of credit percent charged for the debt rest. In modern economic conditions it is almost impossible manually to make adequate decisions on effective use of credit resources. Therefore by means of modern computer technologies and programs it is offered to automate management process of rational decision adoption in questions of loan resources effective use. It is shown in conditional numeric example. In conclusion it is noted that businessman, using offered technique of rational option choice of loan resources use, has a real opportunity of bank credit repayment, taking into account inflation changing rate. It is possible to develop production capacities and to take extreme commercial benefit in contract terms.

Innovation and investment framework for the development of competitive fisheries and aquaculture

2019 ◽  
pp. 31-38
Author(s):  
Nataliia Vdovenko ◽  
Maryna Pavlenko ◽  
Elena Hryniuk
Keyword(s):  
Economic Conditions ◽  
Technological Parameters ◽  
Critical Situation ◽  
Competitive Activity ◽  
Scientific Approach ◽  
Production Technologies ◽  
Modern Economic ◽  
Innovative Economy ◽  
Combination Of Methods ◽  
Production Plans

The purpose of the article it consists in the substantiation of innovation and investment principles of competitive development of fisheries and aquaculture in order to effectively conduct business in modern economic conditions and to comply with technological parameters of production, introduce innovations in production, and economical attitude to fish and water resources. Methodology research consists in using a combination of methods: economic-statistical, monographic, systemic, economic-mathematical, abstract-logical and others. The scientific novelty the re- sults obtained include the introduction of innovative, economically viable and competitive production technologies based on a scientific approach to organizing an aquaculture business, namely the ability to quickly and efficiently respond to external challenges, find a way out of a critical situation and correctly adjust production plans in accordance with changes in market conditions. Conclusions. Substantially modern principles of the effective functioning of fisheries in order to ensure competitive activity. Regulatory tools are proposed to ensure the profitability of the aquaculture business, which include attracting in- vestments for the acquisition of capital goods, training specialists and constantly improving their skills, and ensuring efficient fisheries production in an innovative economy.

Economic conditions and perceptions of immigrants as an economic threat in Europe: Temporal dynamics and mediating processes

2021 ◽  
pp. 002071522199352
Author(s):  
Boris Heizmann ◽  
Nora Huth
Keyword(s):  
Temporal Dynamics ◽  
European Social Survey ◽  
Primary Objective ◽  
Conflict Theory ◽  
Economic Conditions ◽  
Political Climate ◽  
Short Term ◽  
Economic Threat ◽  
Party Positions

This article addresses the extent to which economic downturns influence the perception of immigrants as an economic threat and through which channels this occurs. Our primary objective is an investigation of the specific mechanisms that connect economic conditions to the perception of immigrants as a threat. We therefore also contribute to theoretical discussions based on group threat and realistic group conflict theory by exposing the dominant source of competition relevant to these relationships. Furthermore, we investigate whether people react more sensitive to short-term economic dynamics within countries than to the long-term economic circumstances. Our database comprises all waves of the European Social Survey from 2002 to 2017. The macro-economic indicators we use include GDP per capita, unemployment, and national debt levels, covering the most salient economic dimensions. We furthermore control for the country’s migration situation and aggregate party positions toward cultural diversity. Our results show that the dynamic short-term developments of the economy and migration within countries are of greater relevance for perceived immigrant threat than the long-term situation. In contrast, the long-term political climate appears to be more important than short-term changes in the aggregate party positions. Further mediation analyses show that objective economic conditions influence anti-immigrant attitudes primarily through individual perceptions of the country’s economic performance and that unemployment rates are of primary importance.

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