出版社:Mediterranean Center of Social and Educational Research (MCSER)
摘要:The article explores an issue of implementing of material and production inventories measurement at lowest value in accounting practices for the purpose of drawing up financial statements. A comparison is made in terms of approach to the lowest value principle implementation in accordance with American, Russian and international accounting standards. For the first time, a methodology for calculating of allowance for impairment of inventory based on specific features of enterprise’s activities is being considered. Given in detail is a description of development stages of allowance for impairment of inventory based on specific procedures carried out.