Ostapchuk T. Accounting and Control for Capital Investments: Theory and Practice of Implementation

Accounting and internal business control of transactions with capital investments at the enterprises; the purpose -grounding of the theoretical and methodic issues as well as working out of the practical recommendations concerning the improvement of accounting and control of capital investments under modern business conditions; methods - induction, deduction, theoretical generalizing, comparison, abstract-logical, statistical reduction; theoretical and practical results -the urgent problems of improvement of methodic and practical issues concerning accounting and control of the capital investments have been researched and solved. The results of research can be used in the author's publications, teaching materials and conference reports as well as in the enterprises' activity; research novelty - the economic essence of the concept "capital investments" has been clarified; it has been proposed to distinguish between the concepts as follows: objects of accounting for the capital investments, and objects of accounting for investing activities concerning the capital investments; the place of accounting for capital investments in accounting system has been determined; the perspective directions of accounting for capital investments have been found on the basis of the historical experience study; methodic of accounting for the capital investments has undergone the further development, and lays in reflecting the processes of establishing and using the fixed assets replacement fund in accounting, and accounting for capital investments into the leased fixed assets; the methodic of internal business control for the transactions with capital investments has been improved; the perspective directions of improvement of accounting for capital investments under the conditions of accounting computerization have been determined; extent of implementation - the research results are used in activity of the Public Company "Sokolivsky kar'er", Public Utility Enterprise "Zhytomyr tramwayno-trollejbusne upravlinnya", Public Company "Korostensky Zavod zalizobetonnyh shpal"; and in teaching "Financial Accounting", and "Accounting Organization" at ZSTU; effectiveness - ensures the fair representation of transactions with capital investments in accounting and enables to carry out control of the ones; sphere (branch) of usage - economic activities of enterprises of all forms of ownership and business.