Economy, finances, management: topical issues of science and practical activity

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 11 (39)

Published: 2019.02.01

DOI: XX.XXXXX/XXXXXXXXXXXXX

Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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ORGANIZATION AND METHOD OF ACCOUNTING FOR LEASE TRANSACTIONS IN AGRICULTURAL ENTERPRISES

DOI: XX.XXXXX/XXXXXXXXXXXXX

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LIUBAR Oksana Oleksandrivna – Candidate of Economic Sciences, Associate

Professor of the Department of Accounting, Vinnytsia National Agrarian University (14

Pervozvannoho Str., Vinnytsia, 21027, e-mail: OsanaL66@ukr.net).

ISHCHENKO Yana – Candidate of Economic Sciences, Associate Professor of the

Department of Accounting and Taxation in the Fields of the Economy, Vinnytsia National

Agrarian University (21008, Vinnytsia, Soniachna Str., 3, e-mail: jana_2006@ukr.net).

Annotation

The article deals with the economic essence and content of lease. For the purpose of

ordering, purposeful and effective regulation, the main classification features of lease are

defined and systematized. The functions of lease are considered. The problems of legal

regulation of lease relations in Ukraine are outlined.

Investigating the inclusion in the accounting of the subjects of lease transactions in

the lease of fixed assets and other non-current assets using the national accounting

standards, a list of elements of accounting policy is proposed.

The necessity and directions of improvement of documentary registration of the

lease have been substantiated. Peculiarities of the organization of synthetic and analytical

accounting of lease operations (operational and financial lease, land lease) are considered,

and directions of its improvement are proposed by introducing sub-accounts of the second

and third orders for the formation of the necessary information on lease objects from the

lessee and the lessor, which will provide an increase in the analyticity of the accounting

information; off-balance-sheet sub-accounts for the accounting of objects leased, the

application of which allows the formation of accounting data by types of non-current assets

and places of their use.

Also the way of displaying information of lease transactions in accounting and the

specifics of taxation of leases was considered.

Keywords: lease, rent operations, operating lease, financial lease, land lease, fixed assets, other non-current assets.

List of references

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pidpryiemstvakh [Accounting for lease operations at the agricultural enterprises]. Extended

abstract of candidate’s thesis. Kyiv: National Scientific Center “Institute of Agrarian

Economics” of NAAS [in Ukrainian].

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dictionary of contemporary Ukrainian language]. (7th ed., rev.). V.T. Busel (Ed.). Kyiv:

Irpin: VTF «Perun» [in Ukrainian].

3. Holovchenko, N.V. (2011). Orhanizatsiia i metodyka obliku orendnykh operatsii

[Organization and methods of accounting for lease operations]. Extended abstract of candidate’s

thesis. Kyiv: National Academy of Statistics, Accounting and Auditing [in Ukrainian].

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Ukraine from January 16, 2003, № 436-IV2003] (January 16) [in Ukrainian].

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vidnosyn silskohospodarskykh pidpryiemstv [Development of lease land relations of

agricultural enterprises]. Kyiv [in Ukrainian].

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kapitalu, zoboviazan i hospodarskykh operatsii pidpryiemstv i orhanizatsii [Instruction on

the application of the plan of accounting for the accounting of assets, capital, liabilities and

business operations of enterprises and organizations]. Nakaz Ministerstva finansiv Ukrainy

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application of registers of log-order forms of accounting for agricultural enterprises]. Nakaz

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Policy of Ukraine from June 4, 2009, №390 [in Ukrainian].

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Accounting Standard 17 «Leases»]. Zatverdzheno IASB 01.01.2012 – Approved by IASB on

January 1, 2012 [in Ukrainian].

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torhivli [Accounting and analysis of lease transactions at trade enterprises]. Extended abstract

of candidate’s thesis. Kyiv: National University of Trade and Economics [in Ukrainian].

11. Nikolenko, N. (2015). Oblikova informatsiia u finansovii zvitnosti orendaria

[Accounting information in the financial statements of the tenant] Visnyk Kyivskoho

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Trade and Economic University, 1, 139-150 [in Ukrainian].

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[Concepts and features of lease in the field of management] Porivnialno-analitychne pravo

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from December 2, 2010, № 2755-VI]. (2010, December 2) [in Ukrainian].

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(standard) of accounting 14 «Lease»]. Nakaz Ministerstva finansiv Ukrainy vid 28.07.2000,

№181 – Order of the Ministry of Finance of Ukraine from July 28, 2000, №181 [in

Ukrainian].

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04.04.1992, № 2269-XII [Law of Ukraine «On the lease of state and communal property»

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from January16, 2003, № 435-IV] (2003, January16) [in Ukrainian].

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation

Key information:

ISSN (print): 2411-4413

DOI: 10.37128

All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.

The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.

The journal’s objectives are:

• publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;

• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;

• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;

• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;

• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;

• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;

• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;

• integration of scientific research results into the international scientific space and increasing the level of scientific communication.

Publisher: Vinnytsia National Agrarian University

Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”

Frequency of issue: 4 times a year.

Language of publication: Ukrainian, English.

Editor-in-Chief: Inna Honcharuk

State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.

Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413

Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413

The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)

History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).