Roieva O. Accounting and Auditing of Inventories in Management of Innovation Activity of Enterprises

In the dissertation the theoretical generalization is carried out and the new decision of an actual scientific problem in part of development of theoretical, methodical, organizational and practical bases of the account and audit of inventories in management of innovative activity of the enterprise is proposed. Based on a critical analysis of scientific approaches to understanding and determining the economic essence of inventories and consideration of the substantive characteristics of inventories in the context of their use in the management of innovative activities, the author's definition of the term “inventories” is proposed: assets acquired (acquired) by an enterprise in order to obtain future economic benefits from their consumption during the production of innovative products and / or in the process of managing innovative activities and which are retained for such consumption or are in the process of production with the transfer of their value to material costs. It is substantiated that an important prerequisite for effective management of innovation is a clear classification of inventories, carried out taking into account the specifics of innovation. In order to increase the level of information detailization and proper grouping of inventories, the main economic features are identified and their classification is proposed and substantiated, which will ensure the formation of complete and reliable information in inventory management processes for operational and current decisions and is the basis for further improvement of organization and methodology of accounting and audit.