Samchyk M. Accounting and internal auditing of the expenses for repairing of fixed assets of enterprises

The object of research is the expenses for repairing of fixed assets of enterprise regarding the different regimes of ownership (own, rented, transferred to the joint venture). The subject of research is the theoretical and methodological provision of accounting for the expenses for repairing of fixed assets regarding the different regimes of ownership (own, rented, transferred to the joint venture). The purpose of thesis is the theoretical substantiation and development of practical provisions to improve the accounting and internal auditing of the expenses for repairing of fixed assets. Scientific novelty of results is to improve the theoretical, organizational and methodological provisions of the accounting and internal auditing of the expenses for repairing of fixed assets at different regimes of ownership. The theoretical provisions of accounting and internal auditing of the expenses for repairing of fixed assets have been worked out via: clarification of the essence of terms related to this subject (repairing, reconstruction, modernization, expenses for repairing); working out the classification of repair works and expenses associated with them; clarification of the criteria of making repair works to accounting reflection of expenses. Under conditions of limited financial resources to invest in the acquisition, reconstruction and modernization of fixed assets the issue of optimal combination of expenses on current and capital repairs gets actuality, and therefore the accounting mechanism of identification of the expenses for repairing of fixed assets at different regimes of ownership has been grounded.