The expediency and methodology of enterpise profits, expenses and financial results from transactions with capital investments

Authors: 
Sazhynets S.Y.

According to the normative documents for the organizing and conducting of accounting
in the Ukrainian enterprises, it is provided that accounting of profits, expenses and financial
results should be carried out by certain types of economic activities (operational, financial and
investment activity). But there is no methodology recommended for the activities of capital
investment. In this connection, the articles describes the necessity of establishment on the
enterprises the systematic financial accounting of profits, expenses and financial results from
transactions with capital investments. For such purpose the primary documents were
developed and proposed for practical use, the general principles of analytical and synthetic
accounting of profits and expenses from investment activity are considered.
A number of new accounts and subaccounts, which should be used in accounting for
investment transactions are proposed, appropriate accounting entries are presented. It is
accented on the necessity of development of accounting information analytical. For this aim it
is recommended to form the enterprise financial results from transactions with capital
investments not only by the groups of inconvertible assets, but also in the context of each of the
investment objects. As the accounting registry to store this information a special table of
analytical accounting is created, consolidated data of which should match the results, which
are set out in the sub-accounts of investment profits, expenses and financial results.
It is proved, that the establishment of independent accounting subsystem of profits and
expenses from investment activity requires the appropriate processes changes of equity capital
financial accounting, passing to the balance, liquidation of inconvertible assets. Therefore, the
essence of establishment of inconvertible assets systematic amortization accounting as the
source of capital investments funding of the enterprise and the formation of its innovation and
investment fund is stated.
Practical realization of the recommendations presented in the article will contribute to
the levels of efficiency and effectiveness control of financial, material and other investment
resources use.