MODERN APPROACHES TO CHANGING THE ACCOUNTING ESTIMATE OF FIXED ASSETS IN THE RECONSTRUCTION AND PARTIAL LIQUIDATION
This article discusses the changes in the value of fixed assets recognized in financial accounting and reporting, in cases of completion, retrofitting, reconstruction, modernization and partial liquidation in accordance with the Russian and international financial reporting standards. The objective of this work is to consider the current Russian accounting procedure of changes in the evaluation of fixed assets, international rules of changes in evaluation and directions of improvement of the Russian accounting legislation on this issue. The study is based on the use of general scientific and special methods: analogy, comparison, extrapolation, generalization, etc. According to the results of the work, promising directions of development of accounting for adjusting the value of fixed assets taking into account the convergence of domestic and international norms and rules are determined, as well as discussion points that require further scientific justification, in particular the determination of the value of a part of the fixed asset that is decommissioned at partial liquidation, are indicated. The obtained results can be used by economic entities in the formation of accounting policy and formation of the accounting system, as well as in the adoption of the final version of the "Fixed Assets" federal accounting standard. Amendments to the accounting legislation in accordance with the proposed directions will improve the representativeness of accounting information in respect of fixed assets of economic entities in order to make informed investment decisions.