Purpose of research lies in scientific and theoretic grounding and developing of recommendations on improving accounting and control over the enterprise's property acquisition process, forming the information about default on contracts in accounting, detecting discrepancies in accompanying documents aimed at receiving qualitative property, avoiding property losses while transportation, timely settlements with sellers as well as guaranteeing compensation of damage done. Object of research: accounting reflection of expenses for property acquisition and step-by-step control over their incurrence, consequences of digressions away from terms of contracts fulfillment in the activity of the industrial enterprises. Subject of research: theoretical and practical issues of organization and methods of accounting and control over the property acquisition process at different stages of industrial enterprises establishment and development. Methods of research: analysis, synthesis, induction, deduction, system approach, comparison, analogy, abstraction, cause-and-effect relation, abstraction and logical, method grouping. Scientific novelty of the results obtained lies in grounding theoretical statements and developing of the practical recommendations on improving accounting for the property acquisition process, organizing step-by-step control over contractual process and compensation of damage done as the result of its infraction. The main statements of the scientific novelty of the results obtained lie in the following: for the first time the issues as follows have been suggested: the procedure of accounting reflection of pre-contractual costs and their subsequent assignment, which is connected with property acquisition within Ukraine and abroad; the author's own definition of categories unmatched in law and accounting: "acquisition process" and "accounting process of property acquisition", "contractual policy"; documentary support of accounting for transactions of contractual process while using computer technologies; the following issues have been improved: interpretation of the essence of concept "contractual policy"; grounding the connection between the concepts "contractual process" and "accounting process"; the order of contract cancellation, legal and accounting consequences of this facts; principles and mechanism of action of the capital circulation model; the following issues undergone further development: the procedure of calculating financial implications of default on contract on the basis of systematizing possible ways of losses compensation; methodic support of performing step-by-step internal control over property acquisition process at all stages of contractual process, including incoming control and adherence to contractual policy and detecting costs. Implementation extent: research results have been implemented into the practice of PLC "Novokramators'k engineering plant", PLC "Rud'", "Group of companies "Planeta", LLC "Auditing firm "Nyuans-Audit". Separate research results have been implemented in the educational process of Ternopil' National Economic University.
