ISSN 2413-2322 (Online)

ISSN 2221-1055 (Print)

UDS: 657.1 DOI: https://doi.org/10.32317/2221-1055.202012029
Фінансові відносини та бухгалтерський облік

Theoretical essence and classification of non-current tangible assets / Zdyrko N.H., Chereshnevyi O.I. // Ekonomika APK. - 2020. - № 12 - P. 29

The purpose of the article is to investigate and determine the theoretical essence of non-current tangible assets and improve their classification in order to develop accounting science. Research methods. The research uses dialectical methods of cognition of processes and phenomena, analysis and synthesis - to substantiate and determine the theoretical and methodological principles of non-current tangible assets and their classification, monographic method - to analyze the evolution of domestic and foreign scientists on the problems of classification and definition of non-current tangible assets, empirical method is for a comprehensive assessment of the current state of the object of study, scientific abstraction - to summarize the results, draw conclusions and their own vision of the essence of non-current tangible assets and their classification. Research results. As a result of research on the nature and classification of non-current tangible assets revealed a modern approach to their interpretation and classification. The need to improve the existing classification of non-current tangible assets in the public sector of the economy on the example of budgetary institutions is identified. Scientific novelty: Theoretical provisions on the essence of non-current tangible assets, which are based on the experience and research of domestic and foreign scientists, as well as their own vision, have been further developed. An updated classification structure of non-current tangible assets for the public sector is proposed, based on the needs of managers and employees of the public sector of the economy. Practical significance. On the way to bringing the national accounting system to international standards, special attention should be paid to determining the theoretical nature of non-current tangible assets and bringing the classification of these assets to accounting needs not only at the national level but also at the level of international standards and requirements. Proposals for the classification of non-current tangible assets are proposed. Tabl.: 1. Figs.: 4. Refs.: 13.
Key words: non-current tangible assets; accounting; classification of assets; unfinished capital investments; fixed assets; budgetary institutions

References

  1. Hurieva, I.M. (2014) Ekonomichna ta oblikova sutnist neoborotnykh materialnykh aktyviv [Economic and accounting essence of non-current tangible assets]. Biznes Inform, 10, pp. 312-317 [In Ukrainian].
  2. Dukhnovska, L.M., Skomorokhova, S.Yu. & Horbunova, S.Ye. (2018). Analiz neoborotnykh aktyviv pidpryiemstv kharchovoi promyslovosti [Analysis of non-current assets of food industry enterprises]. Derzhava ta rehiony. Seriia: Ekonomika ta pidpryiemnytstvo, 1, pp. 4-9 [In Ukrainian].
  3. Kaletnik, H.M., Shpykuliak, O.H. & Pchelianska, H.O. (2012). Instytuty infrastruktury ta tsinoutvorennia u rozvytku ahrarnoho rynku: rehionalnyi aspekt: monohrafiia [Institutions of infrastructure and pricing in the development of the agricultural market: regional aspect: monograph] Vinnytsia: TOV «Firma «Planer» [In Ukrainian].
  4. Kaletnik, H.M., Shpykuliak, O.H. & Pchelianska, H.O. (2012). Instytutsionalni zasady funktsionalnosti infrastruktury ta tsinoutvorennia u rozvytku ahrarnoho rynkui teoretychnyi aspekt [Institutional principles of infrastructure functionality and pricing in the development of the agricultural market and the theoretical aspect]. Ekonomika APK, 7, pp. 132-139 [In Ukrainian].
  5. Korytnyk, L. & Klymenko, O. (2015). Neoborotni aktyvy biudzhetnykh ustanov: oblikovyi aspekt upravlinnia [Non-current assets of budgetary institutions: the accounting aspect of management]. Bukhhalterskyi oblik i audyt. 11. pp. 10-18 [In Ukrainian].
  6. Kurylo, H.M. (2014). Pervisna ta nastupna (pereotsinena) vartist neoborotnykh materialnykh aktyviv: u konteksti svitovoi intehratsii natsionalnoi systemy bukhhalterskoho obliku [Initial and subsequent (revalued) value of non-current tangible assets: in the context of global integration of the national accounting system]. Bukhhalterskyi oblik, analiz ta audyt: problemy teorii, metodolohii, orhanizatsii, 2, pp. 116-123 [In Ukrainian].
  7. Kurilov, K.Ju. & Kurilova, A.A. (2012). Formirovanie sistemy vnutrennego audita s uchetom faktorov vlijanija ciklichnosti [Formation of an internal audit system taking into account the factors of influence of cyclicality]. Vektor nauki Tol'jattinskogo gosudarstvennogo universiteta. Serija: Jekonomika i upravlenie, vol. 4 (11), pp. 111-114 [In Russian].
  8. Pro zatverdzhennia deiakykh normatyvno-pravovykh aktiv z bukhhalterskoho obliku v derzhavnomu sektori: Nakaz Ministerstva Finansiv Ukrainy vid 29 hrud. 2015 r. # 1219 (zi zminamy) [On approval of some regulations on accounting in the public sector: Order of the Ministry of Finance of Ukraine of 29 December. 2015 No. 1219 (with changes)] Baza danykh «Zakonodavstvo Ukrainy» / VR Ukrainy. Retrieved from: https://zakon.rada.gov.ua/laws/show/z0085-16 [In Ukrainian].
  9. Pro zatverdzhennia Planu rakhunkiv bukhhalterskoho obliku biudzhetnykh ustanov: Nakaz Ministerstva Finansiv Ukrainy vid 26.06.2013 r. # 611 (zi zminamy) [On approval of the Chart of Accounts of budgetary institutions: Order of the Ministry of Finance of Ukraine dated June 26, 2013 No. 611 (with changes)]. Baza danykh «Zakonodavstvo Ukrainy» / VR Ukrainy. Retrieved from: https://zakon.rada.gov.ua/laws/show/z1214-13 [In Ukrainian].
  10. Semion, V.S. (2009). Poniattia neoborotnykh aktyviv, yikh klasyfikatsiia ta sklad [The concept of non-current assets, their classification and composition]. Ekonomika, upravlinnia ta administruvannia. Visnyk ZhDT. Zhytomyr, 3 (49), pp. 162-167 [In Ukrainian].
  11. Glebocka, M. & Mackowiak, E. (2020). Valuation and classification of fixed assets in selected local government. Economic and Social Development: Book of Proceedings. pp. 47-61 [In English].
  12. Manea, M. (2007). Măsurarea şi evaluarea privind amortizarea activelor amortizate. Editura Cartea Universitară. Bucuresti [In Romanian].
  13. Sacer, I.M., Malis, S.S., & Pavic, I. (2016). The Impact of Accounting Estimates on Financial Position and Business Performance–Case of Non-Current Intangible and Tangible Assets. Procedia Economics and Finance, 39, pp. 399-411 [In English].
Read article: ekonomikaapk_2020_12_p_29_37.pdf