SUCHASNY STAN AND TRANSFORMATIONAL CHANGES IN THE ASPECT OF THE MAIN ADVANTAGES IN AGRICULTURAL BUSINESS

Abstract

Relevance. One of the most important objects of accounting is fixed assets, because they have a large share in the assets of the enterprise. In addition, fixed assets are an important condition for the functioning of a business entity, therefore accounting must provide a system of quality information management for further solving the problems of effective and rational use of material assets.

Obtaining timely, complete and reliable information about the economic processes taking place at the enterprise is of great importance for the implementation of management activities at the enterprise. It is in the accounting system that information is formed that provides management with the necessary data. The organization of accounting for fixed assets must be a holistic, unified system of interconnected, mutually agreed accounting methods and techniques, covering the entire complex of accounting procedures for identifying, measuring, registering, accumulating, summarizing, storing and transmitting information.

Purpose. The article is a study of the current state and transformational changes in fixed asset accounting in agribusiness.

Methods. When writing the article, the method of analysis and synthesis was used in the study of modern views on the concept of fixed assets, abstraction and generalization to identify the features of accounting for fixed assets, and systematization in the study of the basic rules for calculating depreciation.

Results. Monitoring of the regulatory and legal regulation of fixed asset accounting was carried out, and transformational changes that have occurred in the accounting of fixed assets in modern conditions of agribusiness were identified.

Practical value of the study. The results of the research can be used when keeping records of fixed assets at agricultural enterprises in Ukraine.

Conclusions. Accounting for fixed assets in the modern system of functioning of agricultural firms is quite open in the legal field, however, when conducting it, gaps are felt in the aspects of its definition, depreciation and write-off in the temporarily occupied territories of our country, although this property remains on the balance sheet of agricultural firms. In general, accounting for fixed assets is quite defined in methodological and practical aspects, but the challenges of today force us to renew the optimization of this area of ​​accounting, due to the challenges of modernity.