Modern problems of determining the residual value of property, plant and equipment and intangible assets in Russian accounting and ways to solve them

Abstract

Residual value is relatively new for Russian accounting. Thus, for intangible assets this value will be mandatory introduced from 2024, and for property, plant and equipment it was introduced only from 2022. In this regard, today it is very important to analyze the problems relevant to determining the above-mentioned value, as well as ways to solve them. This analysis is carried out in this article. When conducting research, methods such as analysis and synthesis, comparison, grouping method, analogy method, logical approach, systematic approach were used. As a result of the research, the most important modern problems of determining the residual value of property, plant and equipment and intangible assets in Russian accounting were identified and ways to solve them were presented. These problems and proposals for solving them are also largely relevant for the IFRS system. The results obtained in this article will be useful to a wide range of readers interested in modern problems of Russian and international accounting, including determining the residual value of property, plant and equipment and intangible assets, can be used in the educational process of higher educational institutions, in the practical work of accounting departments, as well as in the development and improvement of relevant domestic and foreign regulatory documents on accounting.