ОСОБЕННОСТИ УЧЕТА ДОГОВОРОВ ПОДРЯДА В СТРОИТЕЛЬНЫХ ОРГАНИЗАЦИЯХ ПО ТРЕБОВАНИЮ МСФО

Translated title of the contribution: Stocktaking features of construction contracts in engineering organization on demand of IFRS

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Abstract

The urgency of this paper consists in fact that today construction of permanent facilities is one of priority ways of our country economy’s development. Hence, because of long time of technological process there are some difficulties in stocktaking of construction operations with construction contracts. This sphere of stocktaking is regulated by international standard of financial reporting (IAS) 11, introduced on the Russian Federation territory at the end of 2011. This paper contains: specification of basic conditions, on the base of which the decision is made about union or separation construction contract; systematization of contracts’ types for construction on the base of criteria which are regulated by the present standard. The special attention is focused on profit acceptance conditions for construction contracts, and also on additional statutes with influence on profit value in fulfilling contract liabilities. The paper expresses viewpoint over classification of expenditures, which appear in contract liabilities fulfilling, and analyzes statutes of IFRS (IAS) 11, which can be considered as a base for acceptance and reliable assessment of considered expenditures. There is a substantiation that carrying out of construction contracts assessment, which can be a base for defining of stocktaking methods of construction operations: assessment result of construction contracts defines profitability or unprofitability and corresponding methods of stocktaking of profit and expenditures in report period. The final part of the paper contains an example of basic statutes generalization of IFRS (IAS) 11, and presents a specificity of accounting transactions execution according to international standards.
Translated title of the contributionStocktaking features of construction contracts in engineering organization on demand of IFRS
Original languageRussian
Pages (from-to)109-119
Number of pages11
JournalДискуссия
Issue number3(88)
Publication statusPublished - 2018

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