Issue №: 2 (56)
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.
CAPITAL INVESTMENTS: NORMATIVE LEGAL AND ACCOUNTING
PODOLIANCHUK Olena – Candidate of Economic Sciences, Associate Professor, Head of the Department of Accounting and Taxation in the Fields of the Economy, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Sonіachna Str., e-mail: podolianchuk_l@i.ua).
GUDZENKO Nataliya – Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Accounting and Taxation in the Fields of the Economy, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Sonіachna Str., e-mail: gudzenko_nm@i.ua).
The article evaluates the legal regulation and accounting of capital investments and determines that a single and precise term that would determine their essence has not yet been developed. The difference in the definitions of capital investments is outlined, which leads to confusion in their evaluation and reflection in the system of accounting accounts. There are two approaches to determining the nature of capital investment in the legal framework: economic and accounting. The dynamics and structure of capital investments by types of assets in terms of 2015-2019 are presented. Based on the results of elaboration of the regulatory framework and scientific opinions of scientists, their own opinion on the definition of capital investment has been expressed. It is noted that in the organization of accounting for capital investments it is important to assess, classify, justify objects, as well as the allocation of costs to current (to maintain the object in working order) and attribute investments to capital (improving the functional properties of the object ). A generalized classification of capital investments is proposed, which will help to timely and fully systematize the accounts and reflect in the reporting of objective and reliable information. It was found that one of the problems of accounting for capital investments is the distribution of costs and investments incurred between current costs and capital investments. Entities are invited to develop their own criteria for identifying capital investment objects and assigning the cost of repairs (capital repairs) to capital investments and approve them in the accounting policy and order. In order to ensure the objectivity of the information on capital investments, alternative changes to the Chart of Accounts have been proposed in the part of the Capital Investments account. The submitted proposals will provide an opportunity to consider capital investments as a separate object of accounting and to assess the rationality of investments.
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2. Izmaylov, Ya.O. (2011). Oblik investytsiy v innovatsiyi za natsionalʹnymy ta mizhnarodnymy standartamy [Accounting for investment in innovation according to national and international standards]. Zbirnyk naukovykh prats CHDTU. Seriya: Ekonomichni nauky – Collection of scientific works of ChSTU. Series: Economic Sciences, 28, I, 33-37 [in Ukrainian].
3. Instruktsiya pro zastosuvannya Plany rakhunkiv bukhhalterskoho obliku aktyviv, kapitalu, zoboyazan i hospodarskykh operatsiy pidpryyemstv i orhanizatsiy [Instructions on the application of Chart of Accounts for accounting of assets, capital, liabilities and business operations of enterprises and organizations]. (2021). zakon.rada.gov.ua. Retrieved from: https://zakon.rada.gov.ua/laws/show/z0893-99#Text [in Ukrainian].
4. Ishchenko, Ya.P., Podolyanchuk, O.A., & Koval, N.I. (2020). Finansovyy oblik I [Financial accounting I]. Vinnytsia: Kushnir YU.V. [in Ukrainian].
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7. Metodyka rozrakhunku indeksu kapitalnykh investytsiynyy: Nakaz Derzhavnoho komitetu statystyky Ukrayiny № 494 [Methodology for calculating the capital investment index: Order of the State Statistics Committee of Ukraine№ 494]. (2009, December 25). zakon.rada.gov.ua. Retrieved from: https://zakon.rada.gov.ua/rada/show/v0494202-09#Text [in Ukrainian].
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10. Podolianchuk, О., Plakhtii, Т., & Gudzenko, N. (2019). Сurrent liabilities and their accounting in the attracted capital management system. Baltic Journal of Economic Studies, 5, 3, 159-169 [in Ukrainian].
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17. Yarmolyuk, O.F., & Dmytrenko, O.M. (2020). Osoblyvosti identyfikatsiyi kapitalnykh investytsiy v bukhhalterskomu obliku [Features of identification of capital investments in accounting]. Efektyvna ekonomika – Efficient economy, 9. Retrieved from: www.ekonomy.nayka.com.ua [in Ukrainian].
About journal
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The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine".
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The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.
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- publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
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It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.
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According to the decision of National Council of Television and Radio Broadcasting of Ukraine from 25.04.2024 No. 1337 the scientific journal «Economy, finances, management: topical issues of science and practical activity» has the ID of the Media R30-05171.
