The influence of the FSBU on the accounting of fixed assets of economic entities submitted to the ministry of agriculture of the Russian Federation

2021 ◽  
pp. 38-49
Author(s):  
E. I. Kostyukova ◽  
O. V. Elchaninova ◽  
M. A. Sapunova ◽  
K. A. Dzhikiya
Keyword(s):  
Industrial Sector ◽  
Fixed Assets ◽  
Budgetary Institutions ◽  
Modern Economic ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
The Moment ◽  
Commercial Accounting ◽  
Fierce Competition ◽  
Commercial Organizations

Organizations of the agro-industrial sector in modern economic conditions are forced to carry out their activities in a regime of fierce competition, disparity in prices for agricultural products. At the same time, the reform of the accounting of fixed assets is taking place both in budgetary institutions and in commercial organizations. At the moment, it is regulated by two documents: FSBU 6/2020 “Fixed Assets” — for organizations maintaining commercial accounting and the SGS “Impairment of Assets”, introduced by Order of the Ministry of Finance of Russia dated December 31, 2016 No. 259n, at the moment of budget accounting.

Cancellation of the limit on the value of fixed assets: reflect retrospectively and prospectively

2021 ◽  
pp. 38-55
Author(s):  
L.V. Sotnikova
Keyword(s):  
Russian Federation ◽  
Current Period ◽  
Fixed Assets ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
The Right ◽  
Commercial Organizations ◽  
Accounting Procedure

A single limit on the value of fixed assets for all commercial organizations, equal to forty thousand rubles and existed in accordance with the Order of the Ministry of Finance of the Russian Federation of December 24, 2010 № 186n in PBU 6/01 “Accounting for fixed assets” from January 1, 2011 in the new standard — FSBU 6/2020 “Property, plant and equipment” does not apply. Organizations themselves can determine such limits for their organizations, above which they will consider objects as fixed assets, and below which they will write off to expenses of the current period. The regulator also granted the reporting entities the right to switch to the new accounting procedure voluntarily from January 1, 2021, or, already on a mandatory basis, from January 1, 2022. The article examines, using an example, a retrospective and prospective transition to new individual limits for fixed assets from January 1, 2021.

Accounting for amortized items of fixed assets after modernization

2020 ◽  
pp. 7-13
Author(s):  
Elena Nikolaevna Dombrovskaya
Keyword(s):  
Public Sector ◽  
Regulatory Framework ◽  
Fixed Assets ◽  
Public Sector Organizations ◽  
Ministry Of Finance ◽  
Commercial Organizations ◽  
Tax Accounting

The article discusses the features of accounting and tax accounting of fully amortized fixed assets after modernization. Based on the analysis of the current regulatory framework, the procedure for accounting for modernization costs, as well as features of calculating depreciation amounts for these objects, is considered. The specifics of accounting for self-classified objects are considered in relation to commercial organizations and public sector organizations. The taxation mechanism is presented taking into account the current regulatory framework, explanations contained in the letters of the Ministry of Finance, including the letter of the Ministry of Finance dated 13.07.2020 no. 03–03–06/1/60600.

Initial measurement of property, plant and equipment in the new Federal Accounting Standards for non-public sector organizations

2021 ◽  
pp. 27-34
Author(s):  
Emilia Sergeevna Druzhilovskaya
Keyword(s):  
Public Sector ◽  
Accounting Standards ◽  
Capital Investments ◽  
Healthcare Organizations ◽  
Fixed Assets ◽  
Public Sector Organizations ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Methodological Guidelines ◽  
Initial Measurement

This article analyzes the regulations for the initial measurement of property, plant and equipment in the recently approved by the Ministry of Finance of the Russian Federation Federal Accounting Standards (FAS) of non-public sector organizations, including healthcare organizations in this sector. These standards are FAS 6/2020 “Property, plant and equipment” and FAS 26/2020 “Capital investments”. These standards come into force in 2022 and replace PA 6/01 and Methodological Guidelines for Accounting for Fixed Assets. The article analyzes the most significant innovations of these FASs in relation to the initial measurement of property, plant and equipment in the accounting of non-public sector organizations (including healthcare organizations), identifies the main problematic issues in this area and presents proposals for their solution.

Questions of practical application of the SGC “Fixed assets”

2020 ◽  
pp. 15-23
Author(s):  
Elena Lukinova
Keyword(s):  
Public Sector ◽  
Accounting Standards ◽  
International Standards ◽  
Financial Assets ◽  
Practical Application ◽  
Accounting Regulation ◽  
Fixed Assets ◽  
Public Sector Organizations ◽  
The Russian Federation ◽  
Ministry Of Finance

The law “on accounting” includes The Federal accounting standards (hereinafter referred to as the FAS), which must be developed on the basis of international standards, as part of the basic documents in the field of accounting regulation that are mandatory for application. FAS for public sector organizations (hereinafter referred to as SGC).the Ministry of Finance of the Russian Federation develops accounting standards in accordance with the Program for developing Federal accounting standards for public sector organizations. Since 01.01.2018, five of the 29 originally planned SGC have been applied in practice, including the SGC “Fixed assets”. This article discusses the difficulties caused by the first application of the SGC “Fixed assets” and how to solve them in the practice of accounting for non-financial assets by public sector organizations.

Formation of conditions of functioning of management companies of reclamation parks providing highly competitive economic efficiency

2020 ◽  
pp. 30-36
Author(s):  
Ivan Abramenko ◽  
Svetlana Manzhina ◽  
Svetlana Kupriyanova
Keyword(s):  
Russian Federation ◽  
Rapid Development ◽  
Import Substitution ◽  
Industrial Sector ◽  
Federal Programs ◽  
Effective Work ◽  
Industrial Parks ◽  
Level Of Activity ◽  
Decision Making Processes ◽  
The Russian Federation

The aim of the study is to find solutions aimed at the formation of optimal conditions for the creation and functioning of reclamation parks on the territory of existing institutions for reclamation subordinated to the Ministry of agriculture of Russia, through the establishment and justification of the necessary list of functions and powers of their management companies. The comparative analysis of the concept of creation of agricultural parks and the documents regulating functioning of agro-industrial parks is carried out. In addition, the studies were conducted in the context of Federal programs and other legislative acts of the Russian Federation. The analysis of regulatory documentation and scientific developments in the field of agro-industrial sector allowed to compare and make informed decisions on the formation of functions and powers of the management companies of reclamation parks. The formed materials will allow to organize highly effective work of the management companies of recreational parks, by endowing the latter with the necessary functions and powers, without burdening them with unnecessary functions that are not within their competence. Thus formation of functions and powers providing competitive level of activity of reclamation parks needs to be carried out on the basis of functions and powers of the industrial and agroindustrial parks regulated by the current legislation. The formed substantiations will allow to accelerate decision-making processes in the field of powers and functions of managing companies of reclamation parks by legislative and Executive authorities, and thus will contribute to more rapid development of the reclamation complex of the Russian Federation, and as a consequence of the implementation of Federal programs and other legislative acts aimed at the development of agriculture and import substitution in this area.

A comparative analysis of financial awareness of the Northwestern Federal District population

2020 ◽  
Vol 18 (3) ◽  
pp. 474-491
Author(s):  
G.V. Belekhova
Keyword(s):  
Comparative Analysis ◽  
Financial Literacy ◽  
Federal District ◽  
Population Based ◽  
District Population ◽  
The Family ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Financial Awareness ◽  
Competence System

Subject This article deals with the issues of determining the level of financial literacy, identifying problems, and comparing the financial literacy rates of the population of different areas. Objectives The article aims to identify territorial differences in the overall level of financial literacy of the population of the Northwestern Federal District regions and study the prevalence of problems related to the family budget, using financial products, and risk. Methods For the study, we used a sociological survey and an original methodology for indexing the level of financial literacy of the population based on the methodology of the Organization for Economic Cooperation and Development, taking into account the adults' financial competence system proposed by the Ministry of Finance of the Russian Federation. Results The article determines the level of financial literacy of the Northwestern Federal District population and identifies similar problems for the District's regions. Conclusions A comparative analysis of the components of financial literacy of the four regions reveals the strengths and weaknesses of each of them. This will help adjust financial literacy programmes being implemented in some regions and developed in others.

Assessment of changes in the application of the accounting regulation pbu 18/02 “Аccounting for income tax calculations” since 2020

2020 ◽  
pp. 10-24
Author(s):  
Irina Selezneva ◽  
Irina Selezneva ◽  
Elena Shlyapnikova
Keyword(s):  
Income Tax ◽  
Financial Statements ◽  
Accounting Data ◽  
Current Income ◽  
Accounting Regulation ◽  
New Concepts ◽  
Net Profit ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Tax Payers

The article assesses the changes made by the Order of the Ministry of Finance of the Russian Federation dated 20.11.2018 No. 236n v PBU 18/02 “Accounting for settlements with the budget for income tax”. The application of the new norms of PBU 18/02 is mandatory for corporate income tax payers with accounting (financial) statements for 2020. The essence of the problem is that the updated PBU 18/02 contains new concepts, new calculations of indicators necessary for reflection in accounting and accounting (financial) statements. The article consists of six parts, beginning with an introduction and ending with conclusions. The introduction substantiates the relevance of the study. At the beginning of the article, the purpose and objectives of the research are defined, as well as the materials, methods and conditions for conducting the research. The results of the study and their discussion are presented below. In the article, the authors highlight the problem of transition from the previously existing norms of PBU 18/02 to the new norms applied from 2020. The main part compares the concepts and indicators used in 2019 and 2020 in accordance with the requirements of PBU 18/02. The article also addresses the issues of evaluating work in progress in accordance with the requirements of regulatory legal acts in the field of accounting and taxation. The procedure for applying the norms of PBU 18/02 is shown on a specific example and the calculation procedures made that justify the occurrence of temporary differences that lead to the recognition of deferred income tax, as well as conditional income tax expense and current income tax on the accounting accounts. For clarity and comparison, the indicators for the application of PBU 18/02 in 2019 and 2020 are presented in the tables. In addition, the tables show the schemes of accounting transactions for accounting calculations with the budget for income tax in two ways to determine the current income tax: based on accounting data and based on tax Declaration data. Having considered a specific example of the procedure for applying the norms of PBU 18/02 in the version up to 2020 and in the current version from 2020, the authors conclude that changes in the procedure for identifying temporary differences do not mean a change in their value and the value of net profit

ORGANIZATION OF INTERNAL CONTROL IN A REMOTE WORK ENVIRONMENT

2020 ◽  
Vol 3 (8) ◽  
pp. 73-79
Author(s):  
NGUYEN THI HA MY ◽  
Keyword(s):  
Control System ◽  
Work Environment ◽  
Internal Control ◽  
Business Processes ◽  
Rapid Development ◽  
Remote Work ◽  
Use Of Technology ◽  
Internal Control System ◽  
The Russian Federation ◽  
Ministry Of Finance

With the rapid development and widespread use of technology, business processes are being transformed. One of the consequences of the implementation of technologies into the business is the partial transition to remote work, which made it necessary to reflect the corresponding changes in the internal control system (IC). The article is devoted to the analysis of the main shortcomings identified during the transition to the remote mode, in response to which measures are proposed to adapt the IC to the conditions of remote work. Identifies the following areas for improvement of the internal control system. In response to the identified areas successful practical examples are analyzed and potential measures are proposed in the context of the elements identified in the COSO conceptual framework and methodological documents of the Ministry of Finance of the Russian Federation.

Leases that are not leases: qualification and accounting

2021 ◽  
pp. 15-25
Author(s):  
L.V. Sotnikova
Keyword(s):  
Russian Federation ◽  
Healthcare Organizations ◽  
Accounting Standard ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Lease Accounting

On the eve of the entry into force for the mandatory application of all enterprises and organizations of the Russian Federation of the Federal Accounting Standard 25/2018 “Lease Accounting”, approved. By order of the Ministry of Finance of Russia dated October 16, 2018 No. 208n, from January 1, 2022, many heads of economic structures, including healthcare organizations, and their accountants, who act as tenants in lease agreements, are concerned about avoiding the complicated accounting of leased objects which is prescribed by this standard. Accounting methodologists, consultants, experts, and others try to use literally every clause, subclause, paragraph, every word and every comma in order to justify that their lease relationship is not covered by this accounting standard.

The Mobile Complex of Chemical Control as the Basis of Technical Equipment of the Mobile Diagnostic Group of the 33 Central Scientific Research Test Institute of the Ministry of Defenсe of the Russian Federation

2021 ◽  
Vol 5 (1) ◽  
pp. 54-64
Keyword(s):  
Chemical Control ◽  
Diagnostic Group ◽  
Toxic Chemicals ◽  
Technical Equipment ◽  
Environmental Objects ◽  
The Russian Federation ◽  
The Moment ◽  
Mobile Complex ◽  
Mass Events ◽  
Central Scientific

The special mobile diagnostic group (MDG) is formed in the Federal State Budgetary Establishment «33 Central Scientific Research Test Institute» of the Ministry of Defenсe of the Russian Federation (hereinafter referred to as the institute) to perform tasks related to the radiation and chemical (RCh) control of different objects, to ensure RCh safety and security of mass events, as well as to perform special tasks of RCh examination of samples of all kinds. The purpose of the work is to consider the design, capabilities and organization of the mobile complex of chemical control (MCCC), which is the basis of the technical equipment of the MDG. The complex is created on the basis of Ford-Transit off-road vehicle with the equipment for the MDG and a container installed on a two-axle platform, where the equipment for the MDG is located. The complex is equipped with modern analytical equipment, means of communications, navigation, information processing and automatic meteorological observation, with the life support kit, autonomous power and water supply systems, exhaust ventilation, heating and air conditioning systems. The technical characteristics of the MCCC are as follows: crew – 8 people; preparation time – no more than 60 minutes; time for the preliminary identification of substances detected by the mobile group (from the moment of arrival) – no more than 60 minutes; the lower limit of detection of toxic chemicals in environmental objects – at the maximum concentration limit; time of confirming identification of detected toxic chemicals (from the moment of delivery of samples) – no more than 180 minutes; cruising range – up to 700 km. The methodological apparatus is also developed, that ensures the functioning of the MCCC crew during the performance of wide range of tasks of the MDG. Subsequently, this methodological apparatus has been repeatedly expanded and refined based on the results of the complex's participation in ensuring the RCh security of various mass events. The algorithm of carrying out special chemical control by technical means of the MCCC complex is presented in the article. The complex is capable of detecting both low-hazard and emergency concentrations of practically all known toxic chemicals in various samples, and identifying these substances in environmental objects.

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