FEATURES OF THE ACCOUNT OF ASSETS MODERNIZATION

This article observes some contentious issues arising during the modernization of assets. This issue is relevant, since most organizations are faced with the necessity of assets modernization. The features change the depreciable book value and the useful life of the assets after the modernization. There are some examples of re- solving disputes connected with modernization of assets in Russian arbitration practice. The features of account of modernization and accrual of depreciation during modernization for tax purpose are considered. This article will help to take into account all the costs associated with the modernization of assets, in order to subsequently take them into account when determining the taxable base for profit