ON THE ISSUE OF TRANSFORMATION OF THE METHODS OF MANAGEMENT ANALYSIS OF FIXED ASSETS IN THE FAS AND IFRS SYSTEMS

The article examines a set of methodological issues related to development of the management analysis of fixed assets in the systems of Federal accounting standards (FAS) and international financial accounting and reporting standards (IFRS). There are two areas of management analysis of fixed assets: the rationale of economic indicators for integrated assessment of efficiency of use of the fixed assets in the FAS system statements and improvement of the methods of calculation of economic indicators of comprehensive evaluation of fixed assets in IFRS. The disclosure of the methodological issues of transformation of the methods of management analysis of fixed assets reflect the decisions of the Ministry of Finance of Russia on the official website, which in the section “Public practice of law” hosted the presentation of “Formation of accounting policies” and which contains examples of practical situations applying established methods of accounting and methods of valuation of the fixed assets and their possible use in the methods of calculation of the economic efficiency indicators of fixed assets. The practice of domestic enterprises shows that the improvement of the FAS statements and their integration in the international information space suggest the appropriate transformation methods of the management analysis of fixed assets and the system of economic indicators. Examination of the directions and the system of indicators used in the author’s methods of management analysis revealed that the system of indicators of evaluation of efficiency of the use of fixed assets (capital productivity, capital-output ratio, return on assets) does not sufficiently take into account the modern accounting standards of IFRS and efficiency indicators are calculated using traditional methods: the formulae numerator has the volume of sales of products, works, services (revenue), the denominator of formulae has the average annual cost of fixed assets (FA). The list of problems of the assessment and the methods of management analysis of fixed assets can be used in the book value instead of the average annual cost in the methods of calculating the efficiency of the use of fixed assets, which will establish the interaction of the modern economic systems of accounting and reporting of FAS and IFRS and the management analysis.

transformation, accounting system of the FAS and IFRS, assessment, methods of management analysis, performance indicators, Fund return, Fund profitability, book value, factor method.

Nadolskaya N. A. On the issue of transformation of the methods of management analysis of fixed assets in the FAS and IFRS systems. Business. Education. Law, 2020, no. 3, pp. 239–243. DOI: 10.25683/VOLBI.2020.52.383.