THE MAIN ASPECTS OF ACCOUNTING POLICIES OF INTANGIBLE ASSETS OF ENTERPRISES
DOI:
https://doi.org/10.37332/2309-1533.2019.5-6.21Keywords:
Key words, accounting policy, intangible assets (IAS), basic elements of accounting policies of IAS, financial accounting, management accounting, control.Abstract
Yasyshena V.V. THE MAIN ASPECTS OF ACCOUNTING POLICIES OF INTANGIBLE ASSETS OF ENTERPRISES
Purpose. The aim of the article is the identification of the main components of intangible assets (IAS) accounting policy and its key tasks, which are the basis for the identification and systematization of accounting elements of the IAS and disclosure of their characteristics.
Methodology of research. The theoretical basis of the research is the scientific works of domestic and foreign scientists on the problems of research of accounting policy formation, accounting, analysis and control of intangible assets, legislative and normative acts on these issues. General scientific methods (abstraction, comparison, generalization, analysis, synthesis) are used to achieve the goal of the study ‒ to know the basic elements of accounting policies IAS; critical analysis and systematic approach ‒ in disclosing the characteristics of the main elements of accounting policies of the IAS; abstract and logical method - to formulate the conclusions of the study.
Findings. It is established that the accounting policy of the enterprise should cover alternative aspects of accounting (financial) accounting, variants of management accounting, features of tax calculations, approaches to control and protection of IAS. The key tasks, which are the basis for defining and systematizing the elements of accounting policies in the IAS, are highlighted. The elements of accounting policy in the part of IAS are disclosed.
Originality. The research on the formation of accounting policy of the enterprise according to its relevant components (accounting (financial) accounting, management accounting, tax calculations, control and protection of intangible assets) has received further development. The main elements of the accounting policies of intangible assets are identified and disclosed.
Practical value. The implementation of the proposed components of accounting policies of the enterprise with the identification of its main elements in the part of intangible assets will help improve the efficiency of management of intangible assets, which will qualitatively affect the determination of the value of the enterprise.
Key words: accounting policy; intangible assets (IAS); basic elements of accounting policies of IAS; financial accounting; management accounting; control.
References
Baranovska, T.V. (2005), “Appointment of enterprise accounting policy”, Problemy teorii ta metodolohii bukhhalterskoho obliku, kontroliu i analizu. Seriia: bukhhalterskyi oblik, kontrol i analiz: mizhnarodnyi zbirnyk naukovykh prats, Issue 1, pp. 36-48.
Dyba, V.M. (2017), “Accounting and analysis of intangible assets under institutional changes: theory and methodology”, Diss. Doc. Sc. (Econ), 08.00.09, Kyiv National Economic University, Kyiv, Ukraine, 443 p.
Zhytnyi, P.Ye. (2009), “Organizational-methodological aspects of accounting policy of financial-industrial systems”, Diss. Doc. Sc. (Econ), 08.00.09, SHEU “Kyiv National Economic University named after Vadym Hetman”, Kyiv, Ukraine, 508 p.
Ministry of Finance of Ukraine (2013), Zahalni vymohy do finansovoi zvitnosti [General Requirements for Financial Statements]: Natsionalne polozhennia (standart) bukhhalterskoho obliku 1 [National Accounting Standard (Standard) 1], Nakaz MFU dated 07.02.2013 no. 73, available at: https://zakon.rada.gov.ua/laws/show/z0336-13 (access date June 25, 2019).
Klevets, V.M. (2013), “Accounting policies of the enterprise: financial, managerial and tax aspects”, Ahrarna ekonomika, Vol. 6, no. 3-4, pp. 1-5, available at: http://nbuv.gov.ua/UJRN/ae_2013_6_3-4_9 (access date June 25, 2019).
Zadorozhnyi, Z.-M.V., Krupka, Ya.D., Ometsinska, I.Ya. et al. (2015), Kontseptsiia rozvytku bukhhalterskoho obliku, analizu ta audytu v Ukraini [Concept of accounting, analysis and audit development in Ukraine], TNEU, Ternopil, Ukraine, 320 p.
Ministry of Finance of Ukraine (2013), Metodychni rekomendatsii shchodo oblikovoi polityky pidpryiemstva [Methodical recommendations on enterprise accounting policy], Nakaz MFU dated 27.06.2013 no. 635, available at: https://zakon.rada.gov.ua/rada/show/v0635201-13?lang=ru (access date June 25, 2019).
Butynets, F.F. (Ed.) (2002), Orhanizatsiia bukhhalterskoho obliku [Organization of accounting], PP “Ruta”, Zhytomyr, Ukraine, 592 p.
The Verkhovna Rada of Ukraine (1999), Pro bukhhalterskyi oblik ta finansovu zvitnist v Ukraini [About Accounting and Financial Reporting in Ukraine], Zakon Ukrainy dated 16.07.1999 no. 996-XIV, available at: http://zakon4.rada.gov.ua/laws/show/996-14 (access date June 25, 2019).
Pushkar, M.S. and Shchyrba, M.T. (2010), Teoriia i praktyka formuvannia oblikovoi polityky [Theory and practice of accounting policy formation], monograph, Kart-blansh, Ternopil, Ukraine, 260 p.
Sokolov, Ya.V. and Pyatov, M.L. (2001), Bukhgalterskiy uchet dlia rukovoditelia [Accounting for the head], PBOYuL Grizhenko E.M., Moscow, Russia, 320 p.
Sopko, V. (2000), Bukhhalterskyi oblik [Accounting], 3rd ed., KNEU, Kyiv, Ukraine, 578 p.
Yasyshena, V.V. (2019), “Principles of accounting policies of intangible assets”, Innovatsiina ekonomika, no. 3-4 (79), pp. 156-162.
Downloads
Published
Issue
Section
License
Open-access articles (open-access journals)
Authors whose articles are published in open-access retain all rights to the content of the articles.
Open access articles are committed to be published under Creative Commons Attribution (CC BY) 4.0. This license allows others to distribute, edit, correct and build upon your work, even commercially, as long as they indicate your authorship. Detailed information at Creative Commons site: https://creativecommons.org/licenses/by/4.0/
Permissions for open-access journals
If the article is published in open-access under CC BY 4.0 or CC BY-NC 4.0 (which was possible till the 15th of December, 2018) licenses, users may reproduce it in accordance with their terms.
Additionally, if the article had been published under CC BY-NC 4.0 (this license authorizes others to download your works and share them with others as long as they indicate your authorship, but they can’t use them commercially in any case.), the use for the following commercial purposes requires permission:
– reproduction of content in a work or product intended for sale;
– reproduction in presentations, brochures or other marketing materials used for commercial purposes;
– distribution of the content to promote or market a person, product, course, service or organization;
– text and data mining for the purpose of creating a saleable product or product which benefits from promotional or advertising revenue;
– use of the content by a commercial entity or individual for the purposes of remuneration, directly or indirectly through sale, licensing, promotion or advertising;
– linking to the content (in an email, webpage, portable electronic device or otherwise) for the specific purpose of marketing or advertising a person, product, course, service or organization for commercial benefit.
For further details and permission requests, please contact.
