The problem of assessing the liquidation value for the depreciation accounting

Abstract

The transformation of accounting standards in 2022 is aimed at the convergence of domestic accounting standards with international financial reporting standards, changes the composition of fixed assets and the accounting procedure for depreciation of fixed assets. The study examines the issue of assessing the liquidation value of an object of fixed assets for the purposes of reproduction of fixed assets at the expense of depreciation charges. The object of the study is the objects of fixed assets for accounting. The subject of the study is the liquidation value of an object of fixed assets for the purposes of accounting for depreciation charges. The purpose of the study is to present the procedure for assessing the liquidation value of an object of fixed assets for accounting purposes. Research objectives: 1. Theoretical analysis of scientific literature and publications; 2. Study of normative, methodological and legislative acts of the subject area of research; 3. Formulation of objective and scientifically based research results. The research methodology is a subject–conceptual approach based on general scientific accounting methods. Research results: 1. The types of cost of fixed assets are disclosed; 2. The content of the liquidation value of the fixed assets is disclosed; 3. The concept of depreciation as a source of reproduction of fixed assets is disclosed; 4. The method of assessing the liquidation value of the fixed assets is presented.