Keyword: «amortization»

Fixed assets: accounting in accordance with the requirements of the federal accounting standard

ART 194058

Authors:

Alyona Yu. Bunina,

Tatiana N. Pavlyuchenko

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The draft Federal accounting standard "Fixed assets" establishes new rules for accounting of fixed assets. The draft of FAS "Fixed assets" was worked out on the basis of IFRS (IAS) 16 "Fixed assets", which differed significantly from the current rules for accounting 6/01 "Fixed Assets Accounting". The article analyzes the main provisions of this draft and compares them with rules for accounting 6/01.

Keywords: evaluation, fixed assets, fas "fixed assets", fixed assets accounting, recognition, amortization, information disclosure