Conceptual approaches to determination and classification of repair of a property, plant and equipment of the entity are given in article. It is necessary for accomplishment of the main tasks of financial accounting. Provision of complete and true information on a condition of material base of the entity will promote determination of future economic benefits from use of objects. The given classification of repair of a property, plant and equipment provides disclosure of essence of repair of objects, and will promote the organization of accounting process. The given concepts and classification are universal for all entities, and will help to use effectively a fixed assets and to promote improvement of a condition of production.
Real Time Impact Factor:
Pending
Author Name: Valerii Malakhov, Roman Piskunov, Oleksiy Miroshnyk, Natalia Litvintseva
URL: View PDF
Keywords: fixed assets; improvement; repair; classification; running repair; modernization
ISSN: 2449-7320
EISSN: 2449-8726
EOI/DOI:
Add Citation
Views: 1
