On the uniformity of accounting and tax accounting of fixed assets

UDC 657.1

Authors

Galaida A. M.

Abstract

The study of trends in financial accounting indicates that the gap between the system of documenting the facts of economic life reflected in accounting and the procedure for their recognition for tax purposes in terms of income and expenses that form a financial result is widening and widening. The article is devoted to the search for ways to harmonize accounting and tax accounting of fixed assets from the perspective of implementing the principles of rationality, materiality, relevance and reliability.

Keywords

accounting objects, permanent and temporary differences, fixed assets, tax accounting, depreciation, harmonization.