Snetkova A. Accounting and audit of investments in non-current assets of enterprises.

The dissertation analyzes the trends in investment, structure, dynamics, volumes of capital investments, the market of oil products and the position of Ukraine in the international innovation system and the directions of development of enterprises in the oil and fat industry. The modern economy of Ukraine is characterized by a rapid process of reforming land policy, tax and judicial system, which necessitates the formation of reliable, complete, unbiased information on the volume and structure of investment in non-current assets of enterprises, which can provide only an adequate accounting system. All this leads to the search for new approaches to accounting and auditing of investments in non-current assets by improving the functioning of information, accounting, analytical and methodological support of enterprises. Critical analysis of the comparative nature of the economic and accounting nature of investment in non-current assets of enterprises and systematization of approaches to definitions such as “investment”, “capital investment”, “investment in innovation”, “non-current assets” became the main theoretical basis for improving the definition of investment in non-current assets. Having studied the composition, methodological approaches to investment grouping and taking into account the globalization processes of implementation of international accounting standards in the national system in the context of global convergence of financial statements argued the need to refine the composition of classification groups by separating investment in investment property and investment in to account 15 “Capital investments, thereby securing for them the status of a separate object of capital investment”. Analysis of statistical information and financial statements of processing enterprises and in particular 40 enterprises of oil and fat industry allowed to systematize accounting transactions for investment objects in terms of phases of the life cycle of non-current assets and build a structural and functional scheme of information and analytical support of investments in non-current assets.