The Procedure for Estimating Production Reserves

Abstract

The entry of foreign investors into the economy of our republic, the expropriation and privatization of property, the development of entrepreneurship require the organization of accounting on the basis of national and international standards, and the selection of an accounting policy suitable for the market economy. Therefore, economic entities operating under different ownership conditions should operate effectively on the basis of free competition and contribute to the development of the country's economy. Such a task is carried out through the rational use of material and financial resources available in economic entities.