3. Object of research – process of reserving at the large industrial enterprises that can be reflected in accounting. Purpose of research: working out of the scientific and meth-odic approaches and practical recommendations development on the improvement of organization and methodics of account-ing and control for the reserving process, aimed to the forma-tion of the commercial risks neutralizing. Methods of research: induction, deduction, theoretical generalizing, grouping, comparison, historical and logical analysis and synthesis, abstract-logical method, causal-consequent connection, observation, questionnaire method. The theoretical and practical results: the scientific-methodical approaches and the practical recommendations on the improvement of organization and methodics of accounting and internal business control for reserving process at the large industrial enterprises have been researched and worked out. The results of research have been used in the author’s publications, study editions and conference reports as well as in activity of the large industrial enterprises. The scientific novelty lays in grounding of the scientific-methodical approaches and the practical recommendations on the improvement of organization and methodics of accounting and internal business control for reserving process, aimed to the formation of the effective tools of commercial risks neutralizing by the business entities, namely: for the first time for the first time: the concept “accounting reserves”, which should be dis-tinguished from “reserves” as the stocks of resources, and “po-tential abilities reserves” has been offered for usage, that will enable to concretize the essence and directions of methodic of accounting for appropriate items; process of accounting reserv-ing as the component of general reserving process at the enter-prises has been differentiated; methodics of internal business control of reserving in the part of adding to internal business control objects with process of accounting reserving of hidden and cryptic reserves, identifying of control subjects and objec-tives, methodical tools of obtaining, summarizing and realization of results; the issues have been improved as follows: the classification of accounting reserves on the basis of existing characteristics theoretical grounding and analysis (the character-istics that have been distinguished as follows: obligation of forming, purpose, sources of forming, availability of reim-bursement, possibility of detecting); accounting organization at the large industrial enterprises by determining elements of ac-counting policies concerning reserving and funding; order of disclosing information on reserves in reporting in the part of making changes in the Form No. 4 “Owners’ Equity Statement” and development of internal statements forms concerning re-serving process in order to increase its reliability and analyticity for making managerial decisions; the issues have undergone the further development as follows: methodics of accounting for re-covering reserveswith high-liquid assets without their with-drawal from the circulation, that provides a possibility of usage free financial resources by harmonization of managerial and accounting personnel operating at every stage of the reserve’s use-ful lifetime cycle and usage of internal reporting for cash flows management; methodics of accounting for reserves and system of forming accounting analytical information files in the part of reserving process, what is realized in sub-accounts implementa-tion, development of internal statements forms and making changes in accounting registers. Extent of implementation: the results of research have been implemented in the accounting practice of the large industrial enterprises as follows: Private Limited Company “Novokrama-torskiy mashynobudivny zavod”, Public Limited Company “Zhytomyrsky Maslozavod” as well as in the educational proc-ess of Zhytomyr State Technological University for teaching the subjects “Financial Accounting”, “Organization of Account-ing”, “Accounting in foreign countries”. Efficiency of implementation: allows to increase the efficiency of accounting reserving that promotes the avoidance of the losses and additional expenses of resources during the un-foreseevable situations. Sphere of usage: business activity of the large industrial enterprises.
