{"id":32580,"date":"2018-09-15T12:13:09","date_gmt":"2018-09-15T09:13:09","guid":{"rendered":"https:\/\/economics.gsu.by\/?page_id=32580"},"modified":"2018-09-15T13:23:43","modified_gmt":"2018-09-15T10:23:43","slug":"optimization-methodology-of-accounting-policies-of-an-organization-in-the-sector-of-fixed-asset-disclosures-and-depreciation-methods","status":"publish","type":"page","link":"https:\/\/economics.gsu.by\/?page_id=32580","title":{"rendered":"OPTIMIZATION METHODOLOGY OF ACCOUNTING POLICIES OF AN ORGANIZATION IN THE SECTOR OF FIXED ASSET DISCLOSURES AND DEPRECIATION METHODS"},"content":{"rendered":"

Application of methodology:<\/strong> economic entities of the Republic of Belarus<\/p>\n

Characteristics:<\/strong> the methodology is intended to optimize the accounting policies of organizations in the sector of valuation of fixed assets and depreciation methods. The main direction of work implies maximal approximation of book value of fixed assets to their fair value; effectiveness analysis of amortization policy aiming at an optimal amortization method from the perspective of improving competitiveness of products and organization profit.<\/p>\n

Advantages in comparison to analogues<\/strong><\/em><\/p>\n

This methodology allows revealing deficiencies in accounting policies in the sector of valuation of fixed assets and calculation of depreciation expense. Owing to optimization of accounting policies, organizations can improve their profitability and competitiveness of products (goods and services). Advantages of the methodology offered also include its academic novelty, simplicity and transparence.<\/p>\n

Economic effectiveness:<\/strong><\/p>\n