THE FORMATION OF THE INVENTORY ASSESSMENT

Abstract

The formation of the assessment of the funds in turnover is presented. The formation of the assessment of the funds in turnover should be improved in order to justify the acceleration of the turnover of funds, to ensure the conformity of the formation of the result of activities to the costs incurred and to maintain the control system. In order to ensure the detailed accounting of expenses for the preparation and storage of raw materials and materials, it is recommended to open sub-accounts in the context of costs for materials, types of production and further systematize in the context of analytical accounts. It is advisable to fix in the regulations the right of the economic entities to establish the useful life of the funds in turnover on their own and to introduce this statement into their accounting policy.