Published April 2016

Estimation the impact of depreciation policy changes of the enterprises on the profit

E.S. Asadov

M.B. Mammadova

E.F. Muradov

The depreciation is one of the important factors of financial resources of the enterprises, economic sense of which consists of transferring a part of fixed assets on the net price of manufactured products, delivered services or conducted works. At the moment the enterprises pay more attention to the reclamation and modernization of the fixed assets, which require great investments. In such a situation well-set depreciation policy is the essential of investment activity efficiency. Currently, depreciation calculation is carried out on the basis of Tax Code requirements, however, the enterprises maintaining accounting policies on the basis of international standards, are forced to the double accounting in the sphere of declaration, accounting and depreciation of the fixed assets. The advantages and disadvantages of accounting between these approach methods are considered, the necessity of significant changes justified.