UDC 657.371
DOI: 10.36871/ek.up.p.r.2024.06.06.012

Authors

Maxim V. Mikheev,
Moscow Institute of Economics, Moscow, Russian Federation

Abstract

The article discusses the changes caused by the introduction of federal accounting standards FSB 5/2019 “Stocks” and FSB 28/2023 “Inventory”. The changes affected the determination of the value of an inventory item during inventory, the rules for evaluating and conducting inventory, and the concept of fair value. The objects have also been identified, information about which is subject to disclosure in the accounting statements of the organization.

Keywords

federal standard inventory, stocks, fair value, valuation, inventory inventory.