Organization of the main functions in corporations: peculiarities of the formation of regional policy

Relevance of the research topic. The formation of objective methods of accounting for fixedassets by corporations in the accounting policy allows for the formation of objective information thatallows for the preparation of reliable accounting (financial) statements and, therefore, an objectiveassessment of the financial position of the corporation. The National Standard for Accounting for FixedAssets allows for a significant expansion of the possibilities of objective reflection of information onaccounting for fixed assets as income–generating assets. In the practical activities of enterprises,accounting for fixed assets requires significant attention, which requires a certain experience ofknowledge of regulatory and instructional materials, which in turn are constantly changing. At thesame time, there are shortcomings in the organization of accounting for transactions with fixed assetsthat negatively affect the quality and efficiency of accounting and control processes, which determinesthe relevance and practical significance of this article.The purpose of the study is: analysis of methods of accounting for fixed assets in corporationsand formulation of proposals for its improvement.Research methods. The methodological basis of the study is the general philosophical and generalscientific methods of cognition of phenomena and processes in the accounting system. In the processof the study, the historical method was used, which made it possible to investigate the origin, formationand development of the category of fixed assets. When studying the theoretical and methodologicalprinciples of accounting for fixed assets, the dialectical method was used. When establishing theadvantages and disadvantages of various methods of organizing accounting for fixed assets, themethod of comparative analysis was used. To build forecasting models, correlation–regressionanalysis techniques were used.Research results. The article reveals the features of accounting for fixed assets and providessuggestions for improving its organization in corporations.Field of application of results. In the field of economic sciences and in the practical activities ofcorporations to improve the organization of fixed asset accounting. Conclusions according to the article. The effectiveness of the enterprise depends on the correctorganization of accounting, which allows for accurate, reliable and timely reflection in accounting of allbusiness transactions with the aim of their impact on the production and economic activities of theenterprise and prompt intervention in case of deficiencies. The article proposes ways to improve theorganization of accounting for fixed assets and accounting policy in corporations, which will improvedomestic accounting according to international standards and reduce inconsistencies and problematicissues of accounting for fixed assets.