The analysis of different models of accounting on the basis of capital assets

Slutskyi Yevhen
graduate student, Odessa National Economic University, E-mail:s_l_u_t_s_k_i_y@ukr.net

Cite this article:

Slutskyi Y., (2017) The analysis of different models of accounting on the basis of capital assets. Ed.: М.D. Baldzhy (ed.-in-ch.) and others [Systema pensiinoho zabezpechennia Ukrainy ta yevrointehratsiini protsesy; za red.: М. D. Baldzhy (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 3(245), pp. 132-144.

Abstract

Modern economic relations between countries encourage theorists of accounting and practitioners of accounting to interact, and consequently to develop a unified and standardized models of accounting. One of the most controversial issues in any model of accounting is evaluation of capital assets. Research, review and summaryof the features of capital assets evaluation in various modelsof accounting in carrying out business transactions. The synthesis of existing evaluation methods in key global models of accounting has been introduced. Theevaluation of assets in the Ukrainian model of accounting has been researched in the article. The necessity of further study of "evaluation" as a method of accounting has been proved. Theambiguity movement(direction)of Ukrainian model of accounting to the continental model of accounting on the basis of the economic category of "evaluation" has been confirmed. International accounting standards and their wide variation of businesstransactionswithcertainmethodsofevaluation are very prospective for future research.

Keywords

model ofaccounting, evaluation, value adjustment, principleofaccounting, methodofaccounting, capital assets.

JEL classification: М410

UD classification: 657.42

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