Open AccessFEATURES OF RECOGNITION OF FINANCIAL COSTS
Author(s) -
E. Shara
Publication year - 2020
Publication title -
lógos. mistectvo naukovoï dumki
Language(s) - English
Resource type - Journals
eISSN - 2663-4139
pISSN - 2617-7064
DOI - 10.36074/2663-4139.07.01
Subject(s) - materiality (auditing) , accounting , business , order (exchange) , asset (computer security) , financial accounting , finance , actuarial science , accounting information system , computer science , philosophy , computer security , aesthetics
The article investigates and generalizes the regulatory framework on the features of recognition in accounting for financial expenses. The necessity of an accounting policy order to choose the method of accounting for financial expenses (basic or alternative) and to determine the materiality threshold for the creation of a qualifying asset.