Reserve component of the enterprise capital and its accounting and information support

Анотація

The place and value of reserves for future expenses and payments in the enterprise capital are defined in this paper. Possibilities and expediency of providing certain types of expenses at the expense of pre-created reserves are considered. The specified definition of reserves as a component of the enterprise capital which are considered as reserved at the expense of additional owners contributions , profit, prime cost of the source for coverage of the future predicted or unpredicted expenses connected with maintenance of usual activity, its restructuring, distribution of expenses by the principles of prudence and compliance. It is proved that these principles are unreasonably removed by the latest legislation from the basic principles of accounting and financial reporting. Classification of reserves, the order of their formation and directions of their use are given in this paper. Reserves are classified into separate groups according to the sources of their formation, the directions of use, the obligation to create, the method of reflection in accounting and reporting, their participation in the enterprise capital. Particular attention is paid to the need of taking into account the hidden reserves. Their value is equal to the difference between the book value of the enterprise's property and its fair value. The order of recognition, documentation and reflection of accrual and use of reserves and other provisions in the accounting is specified. The following rrecommendations are given, on the one hand, to expand and deepen information in financial and other kinds of enterprise reporting concerning reserves as a component of enterprise capital, on the other - to simplify the accounting of reserved sources by additional unregistered contributions of participants, founders. The order of distribution and reflection in the accounting of reserves at withdrawal of separate participants from the company is specified. Recommendations concerning the recognition of accumulated resources for future liabilities by insurance reserves and their reflection in the composition of the enterprise own composition, making it possible to improve the economic performance, investment attractiveness of such entities are given.

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