Parkhomchuk O. Accounting and control for transactions with reserves of an enterprise

The economic essence and the accounting interpretation of the concept "reserves of an enterprise" have been researched; the historic and theoretical aspects of reserves identifying as the accounting objects have been considered; the concepts and terms have been stipulated; the basic differences between reserves types have been detected and formulated as well as the reserves classification for accounting and control has been improved. The reglamentation of transactions with reserves has been improved. The essence and the structure of reserve system of an enterprise as the complex mechanism of the risks neutralization have been specified; the peculiarities of documenting the transactions of forming and usage the accounting reserves by their types have been disclosed. The ways of improving the organizational and methodic approaches towards the accounting reflection of the transactions with reserves and their disclosure in the financial statements have been offered. The theoretic and methodic grounds and the organization of external control in the part of auditing of transactions with reserves have been improved.