Accounting procedures of expenditure records of startup companies
The main issues of accounting of innovation activities are the lack of a unified system of documentation and accounts for the accounting reflection of startup company’s expenditures. The reflection of startup company’s business transactions by the basic processes of busiess activity (acquisition, pr...
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| Format: | Article |
| Language: | English |
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Zhytomyr Polytechnic State University
2020-04-01
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| Series: | Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу |
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| Online Access: | http://pbo.ztu.edu.ua/article/view/203100/203014 |
| Summary: | The main issues of accounting of innovation activities are the lack of a unified system of documentation and accounts for the accounting reflection of startup company’s expenditures. The reflection of startup company’s business transactions by the basic processes of busiess activity (acquisition, production, sale) is accompanied, first of all, by the cost incurrence. For startup companies, apart from manufacturing costs, marketing costs, other general economic costs, much attention is paid to separate group of operating costs, namely, costs for innovation, research, development, etc. In the article author suggests a system of analytical accounting of expenditures of innovative enterprise operational activity, which includes: expenditures for research and development (costs for market research (marketing), for the preparation of an innovative product, for the production of samples of an innovative product, for advertising, preparatory production costs); production costs (innovative products, works, services); expenditures for innovations implementation (innovative products / goods, works and services in the field of innovations). A meaningful filling of the calculation of an innovative project (sample, prototype, etc.) is suggested, which takes into account the main cost components of the expenditures for the innovative product: tangible and intangible resources, labor costs of all involved workers, depreciation and other costs that may be incurred for designing, production and improvement as well as presentation on the market of trial copies of innovative products. |
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| ISSN: | 1994-1749 2708-4957 |