COMPARATIVE CHARACTERISTICS OF THE NORMATIVE REGULATION OF INVENTORY ACCOUNTING IN STATE INSTITUTIONS AND COMMERCIAL ORGANIZATIONS
The article examines the features of inventory accounting in state (municipal) institutions. This research topic is relevant, since stocks are of great importance in an institution, affecting the course of its activities. Methods such as comparison, systematization and grouping were used in the work. The need for a theoretical analysis of the relevant regulatory legal acts and federal accounting standards arises in connection with innovations in the requirements of accounting for this asset. On the basis of the SGS «Reserves» and FAS 5/2019 «Reserves», a comparative analysis of the costs included in the cost of reserves is carried out. The movement of stocks and the peculiarities of their reflection on accounting accounts in government institutions and commercial enterprises are investigated. The results of the study, reflecting significant differences in the grouping of accounting information about stocks in the accounting (financial) statements of state and commercial organizations, can be useful to a wide range of readers interested in the development of accounting.