scholarly journals A Brief Analysis on the Preparation of Natural Resources Balance Sheet

2018 ◽  
Keyword(s):  
Natural Resources ◽  
Balance Sheet

scholarly journals Ecological profit and loss accounting in the preparation of natural resources balance sheet

2020 ◽  
Vol 35 (4) ◽  
pp. 755
Author(s):  
ZHANG Jie ◽  
LIU Yu-jie ◽  
PAN Tao ◽  
FENG Zhi-ming ◽  
YANG Yan-zhao ◽  
...  
Keyword(s):  
Natural Resources ◽  
Balance Sheet

Features of Regulation Accounting and Risk Analysis in Assessing the Volume of Mineral Reserves

Auditor ◽  
2020 ◽  
Vol 6 (5) ◽  
pp. 49-54
Author(s):  
V. Zemskov
Keyword(s):  
Risk Analysis ◽  
Natural Resources ◽  
Balance Sheet ◽  
The State ◽  
Reliable Assessment ◽  
Mineral Reserves

The article deals with the problems associated with a reliable assessment of the volume of mineral reserves when placing them on the state balance sheet. Based on the study, the author concluded that the existing procedure of the Ministry of natural resources of Russia for assessing mineral reserves does not fully meet the interests of the state and the interests of economic entities.

scholarly journals Identification of Rent Relations Results in the Accounting System

2020 ◽  
pp. 5-11
Author(s):  
Serhiy Bardash ◽  
◽  
Tetyana Osadcha ◽  
Keyword(s):  
Natural Resources ◽  
Information Disclosure ◽  
Balance Sheet ◽  
Value Added ◽  
Production Costs ◽  
Practical Significance ◽  
Selling Price ◽  
Accounting System ◽  
Environmental Measures ◽  
Economic Nature

In the context of the implementation of the concept of sustainable development of individual countries of the post-Soviet space, the study of the problems of accounting for the results of rent relations becomes relevant given the solution of a number of strategic tasks facing businesses today. It is offered to solve the specified problem on the basis of definition in system of concepts of accounting of the economic nature of results of rent relations arising as a result of involvement in economic process of rent-forming factors. The purpose of the article is to formulate proposals for accounting for the results of rental relationships. The methodological basis of the research is the historical and logical method, which is used to study the evolution of rent and approaches to the disclosure of its economic content. The dialectical method and comparative analysis are used to identify significant differences in the definition of rent, formed at different stages and forms of economic relations. Methods of analysis, synthesis, induction, deduction, abstraction, idealization and generalization are used to identify the results of rent relations in the system of accounting concepts and formulate proposals for rent accounting and rent payments. Based on a critical assessment of a certain pluralism of researchers' opinions on the disclosure of the economic content of rent, it is established that: rent is a component of value added, but value added is not taken into account in the accounting system; rent is a component of income from operating activities carried out with the use or exploitation of limited natural resources; the complication of the preliminary valuation of rent makes it impossible to reflect it in income; the amount of rent depends on the demand for the product. Given the above, rent as income from the extraction / use of natural resources, as well as the use of other rent-forming factors, it is proposed to reflect on the off-balance sheet account “Rent” with the allocation of sub-accounts by type of economic rent. It is proposed to attribute rent payments to operating costs, as their inclusion in production costs contradicts the economic nature of such costs, unreasonably increases the cost and contradicts the principle of fair distribution of rent. The practical significance of the study is to increase the level of information disclosure for management decisions, in particular: determining the maximum allowable reduction in the selling price of finished products while maintaining an acceptable level of profitability to increase demand, expand market and, consequently, increase profits; directing all or part of the rent to the implementation of environmental measures, modernization of material and technical base, intensification of innovation.

scholarly journals ACCOUNTING OF RESULTS OF RENT RELATIONS

2018 ◽  
Vol 4 (4) ◽  
pp. 24-32
Author(s):  
Serhii Bardash ◽  
Tetiana Osadcha
Keyword(s):  
Natural Resources ◽  
Practical Importance ◽  
Balance Sheet ◽  
Value Added ◽  
Production Costs ◽  
Added Value ◽  
Accounting System ◽  
Economic Rent ◽  
Environmental Measures ◽  
Economic Nature

In the conditions of the implementation of the concept of sustainable development, the study of accounting reflection of the results of rent relations becomes relevant in view of solving a number of strategic tasks that today face economic entities. The solution to this problem is proposed on the basis of the definition in the system of accounting concepts of economic nature of results of rent relations arising owing to the involvement of renting factors in the economic process. The purpose of the research is to determine the formulation of proposals for the accounting reflection of the results of rental relations. The methodological basis of the study is the historical and logical method used to study the evolution of rent and approaches to the disclosure of its economic meaning. The dialectical method and comparative analysis are used to identify significant differences in the definition of rent, formed at different stages and forms of economic relations. Methods of analysis, synthesis, induction, deduction, abstraction, idealization, and generalization are used to identify the results of rent relations in the system of accounting concepts and the formulation of proposals for accounting rent and rent payments. Scientific results. Based on the critical assessment of the plurality of researchers’ opinions regarding the disclosure of the economic content of the rent, it has been established that: the rent is an integral part of the value added, but the added value in the accounting system is not accounted; the rent is a component of the income from operating activities carried out with the use or exploitation of limited natural resources; the complication of the previous value appraisal of rent makes it impossible to reflect it as a part of income; the amount of rent depends on the demand for the goods. If the product is sold at cost or below the cost, there will be no rent. The higher the sales price, the greater the share of rent in sales income. Taking into account the above, the rent as an income from the extraction/use of natural resources, as well as the use of other renting factors, is proposed to be reflected on the off-balance sheet account “Rent” with the allocation of sub-accounts by type of economic rent received. Rent payments are proposed to be attributed to operating expenses since their inclusion in production costs contradicts the economic nature of such costs, unjustifiably increases the prime cost, and contradicts the principle of equitable distribution of rent. The practical importance of the study is to increase the level of disclosure of information for making managerial decisions, in particular: determining the maximum allowable reduction in the price of sales of finished products, while maintaining an acceptable level of profitability for increasing demand, expanding the market and, consequently, increasing profits; directing the entire amount of rent or its part to the implementation of environmental measures, modernization of the material and technical base, activation of innovation activities, etc. Value/originality. The main advantages of the research conducted are the determination of the subject and object composition of rental relations, justification of the expediency of identifying the economic rent as an additional income, presenting proposals for the accounting of rent and rent payments, which will help to solve problems of the organization and methodology of the results of rent relations, as well as improving the reporting of economic entities.

scholarly journals The ideas and framework of state-owned natural resources balance sheet

2020 ◽  
Vol 35 (9) ◽  
pp. 2270
Author(s):  
Ji-jin SHI ◽  
Peng-fei WANG ◽  
Na LI ◽  
Yan-hua LI
Keyword(s):  
Natural Resources ◽  
Balance Sheet
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