Improvement of Accounting of Construction and Assembly Works

Abstract

Introduction. The development of market relations in Ukraine creates new conditions for further improvement of contractual relations in the process of construction of non-current assets, and construction and installation work is one of the important components of economic activity of each enterprise. The technology of construction and installation works has a number of specific features that directly affect the organization and methodology of primary, analytical, synthetic accounting and the formation of their cost. Insufficient theoretical elaboration and debatability of many issues of accounting for construction work, as well as the need to improve the methodological framework determine the relevance of this topic. Goal. The purpose of the article is to study the methodology and improve the order of accounting for construction work. Method (methodology). In the course of the research the following methods were used: dialectical, generalization, comparison, system analysis, observation of economic activity, graphic, etc. Results. It is proved that the order of accounting for construction works depends on the organizational and economic forms of the construction process, a large number of participants with different functional goals and objectives, as well as the dependence of the construction process on natural conditions. It is substantiated that the production of a unit of production in construction production requires relatively long periods, covering the period from the beginning of work to their completion and commissioning, as well as large one-time costs that must be reflected in the accounting system. It is determined that the objects of cost accounting can be individual types of construction and assembly works, a separate building and structure, several buildings and structures, the contract as a whole, a separate production unit, the construction organization as a whole. Accounting for the implementation of construction and assembly works and the order of formation of their cost is determined by the technology of construction production, organizational structure of the construction organization and the terms of contracts for the construction of facilities entered into by customers with contractors. it is proved that the accounting of construction and assembly works execution and the order of formation of their prime cost is caused by the technology of construction production, organizational structure of the construction organization and conditions of contracts for construction of objects which are concluded by customers with contractors. Peculiarities of BIS implementation by contract, economic and mixed method of construction are considered.