PRINCIPLES OF ACCOUNTING POLICIES OF INTANGIBLE ASSETS
Abstract
Yasyshena V.V. PRINCIPLES OF ACCOUNTING POLICIES OF INTANGIBLE ASSETS
Purpose. The aim of the article is to single out and systematize the key principles that need to be taken into account in the formation of accounting policies in the part of intangible assets.
Methodology of research. The theoretical basis of the research is the scientific work of domestic and foreign scientists on the problems of studying the principles of accounting, the formation of accounting policies, accounting for intangible assets, legislative and regulatory acts on these issues. Theoretical and methodological basis of the research are general scientific methods (abstraction, comparison, synthesis, analysis, synthesis) – to the recognition of the principles of accounting. Critical analysis and systematic approach in the study of the principles of accounting (financial) accounting, management accounting and tax calculations for the formation of enterprise accounting policies are proposed in the article. Abstract and logical method is used to formulate the findings of the study.
Findings. It is established that the accounting policy of an enterprise should cover alternative aspects of accounting (financial) accounting, key aspects and variants of managerial accounting and the procedure for conducting tax calculations. The principles of accounting, which are most often mentioned by scientists and specified in the Law of Ukraine “On Accounting and Financial Reporting in Ukraine” are singled out. It is substantiated and proposed to re-include the principle of prudence in the Law of Ukraine “On Accounting and Financial Reporting in Ukraine”.
Originality. The study of accounting principles underlying the accounting policy of the enterprise has received further development. The principles of accounting policy in the part of intangible assets of management accounting are disclosed.
Practical value. Implementation of the proposed principles of accounting (financial) accounting, management accounting and tax calculations proposed in the publication will formulate accounting policies that contribute to improving the effectiveness of intangible assets of management, which will have a qualitative effect on determining the value of the enterprise.
Key words: accounting policies; accounting principles; management accounting principles; intangible assets.
Keywords
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