Tralo I. Accounting and analysis of discounted long-term receivables

The object of the study is the discounted long-term receivables in the system of the enterprise accounting and analysis. The subject of the study is a set of theoretical, organizational and methodological issues of discounted long-term receivables accounting and analysis. The scientific novelty lies in the development of theoretical and improvement of organizational and methodological provisions of discounted long-term receivables accounting and analysis. The dissertation offers the theoretical generalization and complex solution of the scientific problem consisting in improvement of the organization and the technique of discounted long-term receivables accounting and analysis. This ensures making reasonable management decisions in the field of discounting as a method of debt assessment. The approach to the formation of the conceptual and categorical apparatus in the accounting and analytical system is improved. The author's own vision of such definitions as "discounting" and "long-term receivables" is proposed. It is offered to treat discounting in accounting as a method of accounting objects evaluation (including receivables). In order to avoid inconsistencies between national and international law, as well as to form the basis for rational professional judgments of accountants, long-term receivables are proposed to mean debts with maturities exceeding the normal operating cycle or after twelve months from the balance sheet date that arises in the course of business activity and is valued at present cost.