THE VALUE OF FIXED ASSETS IN THE SYSTEM OF CAPITAL TURNOVER OF AGRICULTURAL ENTERPRISES.

Authors

  • O. V. Bogdaniuk
  • S. M. Sumchenko

Abstract

The modern approach to the interpretation of the economic substance of fixed assets of agricultural enterprises is considered. The changes in the classification of fixed assets by National Standard number 1 "General requirements for financial reporting" are analyzed. The place and role of fixed assets in the system of capital turnover are investigated.