Assessment of current liabilities of enterprises in the modern economic conditions

Abstract

The article analyzes, how the accounting assessment of current liabilities of enterprises is carried out, taking into account various types of current value. It was found, that international financial reporting standards and Ukrainian accounting standards do not provide clear instructions on the value, at which accounting objects should be valued when recognized and reflected in the financial report. This has a negative impact on the quality of enterprise reporting and requires the development of methods, that would clarify the application of various types of liability assessment depending on the purpose of the assessment. It is proven, that the choice of the type of assessment of obligations should depend on the terms of their implementation and the results of business negotiations. Recommendations are provided regarding the correct implementation of the accounting assessment of current liabilities and the disclosure of information about them in financial statements. CZU: 657.4(477); JEL: M41; DOI: https://doi.org/10.53486/isca2024.11