The purpose of research is scientific grounding of the theoretic and methodic statements and working out the scientifically grounded practical recommendations concerning the improvement of accounting and analysis of reserves forming and wage. Object of research is the process of accounting reflection and analysis of reserving of funds by business entities of agricultural sector and revealing the directions of their improvement. The subject of research is theoretic and methodic as well as organizational and practical aspects of accounting and analysis for reserves at dairy enterprises of agricultural sector under present-day business conditions. Research methods: analysis and synthesis modeling, concretization, abstracting, grouping, historical method, logical method, induction, deduction, methods of theoretical generalization, comparison, cause-and-effect relation, abstract and logical method, measurement, observation, method of graphical presentation of data. The scientific novelty of the obtained results lays in theoretical grounding of the issues as well as development of the set practical recommendations concerning development of accoounting and economic analysis of enterprise's reserves, that wiel enable to increase the efficiency of its activity to provide interested parties wish necessary information. The following scientific results have been obtained: for the first time: the expediency of using in accounting the concepts of reserving process (double-characteristic process: from the one side-measurement, evaluation and control of enterprise's risks; from the other side - accumulation, assignment and usage of cash, which is provided by reserves); the concept "financial reserves" (the separated part of the assets, which is concentrated in the funds and and is aimed for covering unexpected expences and risks insurance) has been offered for usage replacing the concept - "reserve system"; the unexpediency of forming reserves for - of investments default into securities has been grounded, as the norm of profit from enterprise's investments into securities considers risk of prices' decrease under the impact of external factors as well as the changes of the internal conditions of the enterprise's functioning, which will lead to the double insurance of the same risks and understatement of the amount of financial results of the enterprise; the methodics of enterprise's reserves analysis (through defining the tasks, objects and stages of analysis as well as analysis' ratios, which will enable to define the level of reserve protection of the enterprise) has been developed; the issues have been improved: classification of factors which causes the necessity of forming reserves at the enterprise (objective and subjective); classification of reserves for the accounting purposes, which includes minimal quantity of classification features. That from one side - gives an opportunity to keep analytical records by the most essential features; from the other side - decreases the labour-output ratio of accountant by the means of rational accounting organization (by purpose wage, by formation reason, by legal grounding, by the sources of financing); the methodics of allowance for bad and doubtful debts forming and its reflection in accounting, in particular - its provision with monetary assets; order of disclosure of reserves in reports in the part of introducing changes into the form 1 "Balance Sheet" and form 4 "Statement Owners' Equity" in the part of reserves' kinds aimed at increasing information authenticity and analyticity for managerial decision-making; the issues have underdone the further development as folows: accounting for transactions connected with reserves formationand usage applying the existing software, which enables to get more operative and analytical information about reserves for management purposes; methodic of analysis and estimation of the financial posotion of enterprise taking into account reserves (the set of worked out ratio enables to identify the sphere of risk and enterprise's financial stability). The extent of implementation: the results of research have been implemented into the practical activity of Public Company "Zhytomyrmoloko", Subsidiary Enterprise "Molochny zavod", Limited Partnership Molochna Fabryka "Rainford". Some results have been implemented into the educational process of Zhytomyr State Technological University for teaching "Financial Accounting", "Economical Analysis", "Financial activity of business entities", "Financial Management".
