Depreciation in the aspect of matching revenues and expenses of the company
The article studies the economic essence of depreciation accounting. Various points of view are examined by the authors on the issue of the economic nature of depreciation deductions and the order of their reflection in accounting and reporting. Special attention is paid to the method of cost alloca...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2019-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/36/e3sconf_spbwosce2019_02046.pdf |
| _version_ | 1818615547702542336 |
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| author | Gafurov Ilshat Kulikova Lidiya Sokolov Andrei Shaykhutdinova Kamilla Negreeva Valentina |
| author_facet | Gafurov Ilshat Kulikova Lidiya Sokolov Andrei Shaykhutdinova Kamilla Negreeva Valentina |
| author_sort | Gafurov Ilshat |
| collection | DOAJ |
| description | The article studies the economic essence of depreciation accounting. Various points of view are examined by the authors on the issue of the economic nature of depreciation deductions and the order of their reflection in accounting and reporting. Special attention is paid to the method of cost allocation for the acquisition of assets on the basis of their contribution to net income. It is established that in accounting, the compliance of two financial flows – income and expenditure of the company, and the comparison within specific reporting periods should be ensured. It is proposed to apply a method for reserving amounts of depreciation depending on the result of the financial activities of the company. The mechanism of redundancy is described in detail, the essence of which lies in the emergence of two streams of depreciation. It is proved that the proposed method of redundancy of depreciation deductions will take into account the trends in the income of the company’s activities and fully implement the principle of matching revenues expenses incurred. |
| first_indexed | 2024-12-16T16:35:39Z |
| format | Article |
| id | doaj.art-665605d47c1042c09195cd141ba8e104 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-16T16:35:39Z |
| publishDate | 2019-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-665605d47c1042c09195cd141ba8e1042022-12-21T22:24:28ZengEDP SciencesE3S Web of Conferences2267-12422019-01-011100204610.1051/e3sconf/201911002046e3sconf_spbwosce2019_02046Depreciation in the aspect of matching revenues and expenses of the companyGafurov Ilshat0Kulikova Lidiya1Sokolov Andrei2Shaykhutdinova Kamilla3Negreeva Valentina4Kazan Federal UniversityKazan Federal UniversityKazan Federal UniversityKazan Federal UniversitySt. Petersburg National Research University of Information Technologies, Mechanics and OpticsThe article studies the economic essence of depreciation accounting. Various points of view are examined by the authors on the issue of the economic nature of depreciation deductions and the order of their reflection in accounting and reporting. Special attention is paid to the method of cost allocation for the acquisition of assets on the basis of their contribution to net income. It is established that in accounting, the compliance of two financial flows – income and expenditure of the company, and the comparison within specific reporting periods should be ensured. It is proposed to apply a method for reserving amounts of depreciation depending on the result of the financial activities of the company. The mechanism of redundancy is described in detail, the essence of which lies in the emergence of two streams of depreciation. It is proved that the proposed method of redundancy of depreciation deductions will take into account the trends in the income of the company’s activities and fully implement the principle of matching revenues expenses incurred.https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/36/e3sconf_spbwosce2019_02046.pdf |
| spellingShingle | Gafurov Ilshat Kulikova Lidiya Sokolov Andrei Shaykhutdinova Kamilla Negreeva Valentina Depreciation in the aspect of matching revenues and expenses of the company E3S Web of Conferences |
| title | Depreciation in the aspect of matching revenues and expenses of the company |
| title_full | Depreciation in the aspect of matching revenues and expenses of the company |
| title_fullStr | Depreciation in the aspect of matching revenues and expenses of the company |
| title_full_unstemmed | Depreciation in the aspect of matching revenues and expenses of the company |
| title_short | Depreciation in the aspect of matching revenues and expenses of the company |
| title_sort | depreciation in the aspect of matching revenues and expenses of the company |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/36/e3sconf_spbwosce2019_02046.pdf |
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