Accounting and analytical space of providing the depreciation policy of Ukrainian enterprises

Author/s Alina Zh. Sakun, Kateryna A. Pylypenko, Svitlana V. Skrypnyk, Oleksandr S. Prystemskyi, Inesa V. Shepel
Publishing Year 2023 Issue 2022/2
Language English Pages 24 P. 247-270 File size 492 KB
DOI 10.3280/RISS2022-002015
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

The article considers the accounting and analytical space to ensure the deprecia-tion policy of Ukrainian enterprises. The paradigm of accounting and analytical support of depreciation policy is proposed, which allows to systematize rational ways of cost allocation or value of capital assets (minus liquidation value) throughout their life, taking into account accounting, information, analytical, con-trol and innovation and investment component. It is proved that the components of accounting and analytical support of depreciation policy of Ukrainian enter-prises in the institutional economy, determine the priorities of innovative renewal of assets based on accumulation and use of the depreciation fund. Methods of reporting and accounting support of depreciation policy are identified. A graphical model of the digressive method for determining depreciation deductions is present-ed. The growth rates of the value of fixed assets and the degree of their deprecia-tion in Ukraine are analyzed. The functional dependences of costs for improve-ment (reconstruction, modernization) of fixed assets on the amount of accrued depreciation of enterprises of the Steppe zone of Ukraine are defined. The forecast volume and intervals of depreciation of fixed assets at enterprises are calculated.

Keywords: capital investments, innovations, fixed assets, economic entities, rates.

  1. Afanasev V.N., Yuzbashev M.M. (2010). Analysis of time series and forecasting. Moscow: Infra-M.
  2. Akhmetov L.I., Puntus I.F., Narmanova R.A., Appazov N.O., Funtikova T.V., Regepova A.A., Filonov A.E. (2022). Recent Advances in Creating Biopreparations to Fight Oil Spills in Soil Ecosystems in Sharply Continental Climate of Republic of Kazakhstan. Processes, 10(3): 549.
  3. Anderson T. (1976). Statistical analysis of time series. Moscow: Mir.
  4. Balanovska T., Gogulya O., Dramaretska K., Voskolupov V., Holik V. (2021). Using marketing management to ensure competitiveness of agricultural enterprises. Agricultural and Resource Economics, 7(3): 142-161.
  5. Bobkova A., Andrуeуeva N., Verbivska L., Kozlovtseva V., Velychko V. (2020). Environmental Responsibility in the Development of Green Entrepreneurship. Estudios de Economia Aplicada, 38(4). -- Available at: %20in%20the%20Development%20of%20Green.pdf.
  6. Bondar M.I., Babich V.V. (2016). Depreciation of non-current assets: accounting and taxation. Bulletin of Zhytomyr State Technological University. Series: Economic Sciences, 1(55): 33-34.
  7. Borysenko Z.M. (1993). Depreciation policy. Kyiv: Naukova dumka.
  8. Chumachenko M. (2004). Depreciation deductions – a significant source of financing investments of the enterprise. Accounting and Auditing, 8: 6-8.
  9. Consequences of the change in the cost criterion of fixed assets (2017). -- Available at: 432rozyasnennya-38-naslidki-zmini-vartisnogo-kriteriyu-osnovnex-zasobiv-iz010915r.
  10. Cottarelli C. (2011). Revenue mobilization in developing countries. -- Available at:
  11. Deineha I., Maslov A., Potryvaieva N., Berezhnytska U., Verbivska L., Koliadych O. (2021). Institutional Environment Tools for Small and Medium-Sized Enterprises Development. Estudios de Economia Aplicada, 39(3), 4798.
  12. Dinzhos R., Fialko N., Prokopov V., Sherenkovskiy Yu., Meranova N., Koseva N., Korzhik V., Parkhomenko O., Zhuravskaya N. (2020). Identifying the influence of the polymer matrix type on the structure formation of microcomposites when they are filled with copper particles. Eastern-European Journal of Enterprise Technologies, 5(6-107): 49-57.
  13. Dubodelova A.V., Kulyniak I.Y. (2016). Restaurant business development trends in Lviv region. Actual Problems of Economics, 184(10): 198-208.
  14. Dunayev I., Kud A., Latynin M., Kosenko A., Kosenko V., Kobzev I. (2021). Improving methods for evaluating the results of digitizing public corporations. Eastern-European Journal of Enterprise Technologies, 6(13-114): 17-28.
  15. Dunayev I., Kuts Y., Stativka N., Ziuz O., Kralia V. (2020). An analysis of the mechanisms for establishing cooperation between public authorities, the private sector, and the public in domestic waste management in Ukraine [Valdžios institucijų, privačiojo sektoriaus ir gyventojų sąveikos mechanizmų analizė kietųjų atliekų tvarkymo srityje Ukrainoje]. Public Policy and Administration, 19(2): 314-328.
  16. Dunayev I., Latynin M., Ulyanchenko Y., Kosenko A. (2019). Renewing an economic policy for a rising Ukrainian region: Smoothing discrete shifts and mastering new competencies. Regional Science Inquiry, 11(3): 133-150.
  17. Fraumeni B. (1997). The Measurement of depreciation in the U.S. National Income and Product Accounts. Survey of Current Business, 7: 7-23.
  18. Halushko O.S. (2011). Depreciation policy and its impact on the innovative development of the enterprise. Economic Bulletin of the National Mining University, 1: 65-76.
  19. Harust Y., Myrhorod-Karpova V., Kiselyova E., Pylypenko P., Zhyravetskyy T. (2021). Land market opening in Ukraine: Myths or reality. International Journal of Agricultural Extension, 9(Special Issue 2): 47-55.
  20. Harust Y., Myrhorod-Karpova V., Melnyk V., Maletov D., Kiiashko Y., Pavlenko B. (2022). Implementation of international technical assistance projects in Ukraine since 1991 and their actual effectiveness for the state. Astra Salvensis, (1): 691-703.
  21. Ivanov V.V., Lvova N.A., Pokrovskaia N.V., Nurmukhametov R.K., Naumenkova S.V. (2019). Increasing the financial depth of the Russian economy: Does it stimulate investment activity?. In: Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020 (pp. 2747-2759). Granada: International Business Information Management Association, IBIMA.
  22. Jiang Y., Havrysh V., Klymchuk O., Nitsenko V., Balezentis T., Streimikiene D. (2019). Utilization of Crop Residue for Power Generation: The Case of Ukraine. Sustainability (Switzerland), 11(24), 7004.
  23. Jorgenson D.W. (1974). The economic theory of replacement and depreciation. In: W. Sellekaerts (Ed.). Econometrics and Economic Theory (pp. 189-221). London: Palgrave Macmillan.
  24. Jorgenson D.W. (1996). Empirical studies of depreciation. Economic Inquiry, 34: 24-42.
  25. Kachynska N., Prakhovnik N., Zemlyanska O., Ilchuk O., Kovtun A. (2022). Ecological Modernization of Enterprises: Environmental Risk Management. Health Education and Health Promotion, 10(1): 175-182.
  26. Kholod S., Pavlova V., Spitsyna A., Maistrenko Y., Anufrieva O., Lukianykhin V. (2021). Transformation of the personnel management system in the conditions of digitalization of hr processes. Estudios de Economia Aplicada, 39(6). -- Available at:
  27. Khomyn P.Ya., Pyrih I.M. (2007). Depreciation: economic content and methods of reflection. Finance of Ukraine, 6: 22-30.
  28. Korzhyk V., Khaskin V., Grynyuk A., Ganushchak O., Peleshenko S., Konoreva O., Demianov O., Shcheretskiy V., Fialko N. (2021). Comparing features in metallurgical interaction when applying different techniques of arc and plasma surfacing of steel wire on titanium. Eastern-European Journal of Enterprise Technologies, 4(12-112): 6-17.
  29. Kuzub M., Zadniprovskyi O., Romashko O., Avhustova O., Shushakova I. (2022). Comparative Analysis of Ukrainian and European Accounting Standards. Scientific Horizons, 25(1): 96-103.
  30. Kvasnytskyi V., Korzhyk V., Kvasnytskyi V., Mialnitsa H., Dong C., Pryadko T., Kurdyumov G.V., Matviienko M., Buturlia Y. (2020). Designing Brazing Filler Metal for Heat-Resistant Alloys Based on Ni3Al Intermetallide. Eastern-European Journal of Enterprise Technologies, 6(12): 6-19.
  31. Lagovska O., Ilin V., Kotsupatriy M., Ishchenko M., Verbivska L. (2020). Priority directions of tax policy change in the information sphere [Пріоритетні напрями зміни податкової політики в інформаційному секторі]. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (3): 183-190.
  32. Levchenko N.M., Vorobiova I.O. (2014). Depreciation policy as a component of enterprise strategy. Innovative Economy, 4: 102-107.
  33. Li W.C.Y., Hall B.H. (2020). Depreciation of Business R&D Capital. Review of Income and Wealth, 66(1): 161-180.
  34. Lukhmanova G., Baisholanova K., Shiganbayeva N., Abenov B., Sambetbayeva A., Gussenov B.S. (2019). Innovative development of the agricultural sector of the Republic of Kazakhstan. Espacios, 40(32). -- Available at:
  35. Lyshchenko O.H., Pivnenko V.V. (2015). Optimization of depreciation policy of the enterprise. Sustainable Development of the Economy, 4: 70-75.
  36. Markina I.A., Bilovska O.A., Yakovenko O.I., Shevchenko-Perepyolkina R.I. (2018). Analysis of technology acceptance on the effectiveness of the electronic supply chain management and inventory systems in Ukrainian Banking Industry. Industrial Engineering and Management Systems, 17(4): 719-729.
  37. Messere C.J., Gilroy J.Z. (1971). An alternative approach to depreciation switches. Accounting Review, 56: 642- 652.
  38. Mishchenko V., Naumenkova S., Mishchenko S. (2021). Assessing the efficiency of the monetary transmission mechanism channels in Ukraine. Banks and Bank Systems, 16(3): 48-62.
  39. Mishchenko V., Naumenkova S., Mishchenko S., Ivanov V. (2018). Inflation and economic growth: The search for a compromise for the Central Bank’s monetary policy. Banks and Bank Systems, 13(2): 153-163.
  40. Nesterova K., Marchenko V., Lazebnyk I., Pavlova V., Burkova L., Omelchuk L. (2020). Identification and assessment of external risks of the enterprise’s foreign economic activity. International Journal of Scientific and Technology Research, 9(2): 4672-4675.
  41. Official site of the State Statistics Committee (2019). -- Available at: http:
  42. Osaulenko O.H., Ostapchuk O.E. (2019). Ukraine in numbers. Kyiv: State Statistics Service of Ukraine.
  43. Ostorovetskyi V.I. (2017). Depreciation policy of Ukraine in the system instruments of tax stimulation of investment and innovation activity. Economic Bulletin of Donbass, 2(48): 121-131.
  44. Paliienko O., Naumenkova S., Mishchenko S. (2020). An empirical investigation of the Fama-French five-factor model. Investment Management and Financial Innovations, 17(1): 143-155.
  45. Pavlova V., Murovana T., Sarai N., Velychko V., Illyashenko K., Hryshyna H. (2021). Crisis phenomena as an incentive to intensify e-commerce of the enterprise. Journal of Theoretical and Applied Information Technology, 99(19): 4646-4657.
  46. Pawlik A., Shaposhnykov K. (2018). Strategies for economic development: the experience of Poland and the prospects of Ukraine. Kielce: Publishing Office “Baltija Publishing” of the University of Jan Kochanowski.
  47. Pedchenko N.S., Luhivska L.A. (2014). Depreciation policy of the enterprise in the context of reforming the tax system. Science Bulletin of Poltava University of Economics and Trade, 6(68): 74-84.
  48. Petkova K., Weichenrieder A.J. (2020). The relevance of depreciation allowances as a fiscal policy instrument: A hybrid approach to CCCTB?. Empirica, 47(3): 579-610.
  49. Pylypenko L.M., Demska Yu.V. (2018). Conceptual and theoretical foundations of accounting for depreciation and depreciation of non-current assets of the enterprise. Economic Space, 134: 195-204.
  50. Review of international experience of innovative development (2018). -- Available at:
  51. Sadovska I.B., Vozdihan A.M. (2014). Historical aspect of formation depreciation policy of Ukraine. Institute of Accounting, Control and Analysis in the Context of Globalization, 3: 42-45.
  52. Shalbolova U.Z., Narmanova R.A., Tlessova E.B., Ryskulova Z. (2017). Economic efficiency of cold oil bituminous mastic production. Espacios, 38(46): 36.
  53. Shpak N., Sorochak O., Hvozd M., Sroka W. (2018). Risk evaluation of the reengineering projects: A case study analysis. Scientific Annals of Economics and Business, 65(2): 215-226.
  54. Shvets N.V. (2016). Depreciation policy of the enterprise: problematic issues. Bulletin of the Volodymyr Dahl East Ukrainian National University, 6: 199-202.
  55. Surriley E. (1971). An optimum switching from double-declining balance to sum of theyear digins depreciation. Accounting Review, 46: 574-582.
  56. Syisoyev A.V. (2006). Depreciation policy as a factor of investment development of the economy. Problems of Forecasting, 1: 61-70.
  57. Trachova D. (2016). Role of state protectionism in depreciation policy formation. Baltic Journal of Economic Studies, 3(5): 351-356.
  58. Verkhoglyadova N., Kononova I., Morozova Ye., Kubetska O., Kovalenko-Marchenkova Ye. (2022). Management of structural changes in the system of economic formation of sustainable development [Управління структурними змінами в системі формування економіки сталого розвитку]. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (2): 135-140.
  59. Voloshchuk L.O. (2011). Accounting and analytical support of management of innovative development of the enterprise. Proceedings of Odessa Polytechnic University: Scientific and Scientific-Production Collection, 2(36): 301-307.
  60. Wang, C. (2021). The Impact of Assets Accelerated Depreciation on Enterprise Investment Based on Statistical Analysis. Journal of Physics: Conference Series, 1955(1), 012059.

  • Організаційно-методичні аспекти внутрішнього контролю витрат підприємства Олександр Пристемський, in InterConf /2023 pp.128
    DOI: 10.51582/interconf.19-20.12.2023.011
  • Обліково-контрольні процеси в системі управління доходами суб’єктів підприємництва Аліна Сакун, in InterConf /2024 pp.132
    DOI: 10.51582/interconf.19-20.02.2024.013

Alina Zh. Sakun, Kateryna A. Pylypenko, Svitlana V. Skrypnyk, Oleksandr S. Prystemskyi, Inesa V. Shepel, Accounting and analytical space of providing the depreciation policy of Ukrainian enterprises in "RIVISTA DI STUDI SULLA SOSTENIBILITA'" 2/2022, pp 247-270, DOI: 10.3280/RISS2022-002015