SEARCH
 

Search

 

Результаты поиска 1 - 6 из 6
Начало | Пред. | 1 | След. | Конец


Cost centers and centers of responsibility in management accounting of the exploration industry

Zyleva N.V. Tyumen State University, Tyumen, Russian Federation ( zyileva@mail.ru )

Journal: International accounting, #25, 2014

The article reviews the tight situation of exploration industry in part of reproduction of mineral raw material base that necessitated the establishment of an effective system of management of geological prospecting process. The article analyzes the possibility of collecting, compiling and preparation of information on the cost of exploration, which is necessary for making managerial decisions through the allocation of cost centers and centers of responsibility for exploration, depending on the stage (or stages) of geological prospecting process.


Cost centers and responsibility centers in the exploration industry management accounting

Zyleva N.V. Tyumen State University, Tyumen, Russian Federation ( zyileva@mail.ru )

Journal: Economic Analysis: Theory and Practice, #17, 2014

The article reviews establishing of an effective management system of geological prospecting process. The article notes that such a process requires precise investigation and research because of the exploration industry plight in the field of mineral reproduction. The article analyzes in detail the opportunity to collect, classify and manipulate the exploration cost data. The author's opinion is that an allotment of cost centers and responsibility centers is a direct function of the geological-prospecting process stage. The author states that holding the general cost information of each particular stage of prospecting works may be used to systematize a mineral reproduction process. The article is of interest to analysts studying the effectiveness of exploration works and long-term planning companies' potential.


Reforming the accounting for oil wells depreciation in Iraq

Mohammad B.A. Mosul University, Mosul, Iraq ( belalamjad@yahoo.com )

Zyleva N.V. Tyumen State University, Tyumen, Russian Federation ( zyileva@mail.ru )

Journal: International accounting, #12, 2016

Importance The Republic of Iraq has the world's second largest oil reserves of the proven status. Exploration and production wells account for a large share of fixed assets of oil companies, and their depreciation is a weighty portion of production costs. Currently, the Uniform Accounting System, which is the Federal Law On Accounting, regulates fixed assets accounting, including wells. However, many of its provisions, including the methods of fixed assets depreciation, require updating.
Objectives The study aims to develop proposals to reform the Iraqi accounting treatment of oil wells depreciation that would meet the requirements of the market and International Financial Reporting Standards.
Methods The study draws on the analysis of accounting standards (US GAAP, IAS 16, PBU 6/01, Uniform Accounting System of Iraq) to compare the options of accrual of depreciation on oil wells, to assess the impact of accounting specifics of the oil industry on the choice of well depreciation methods.
Results To harmonize the Iraqi accounting for production costs in the oil industry, we recommend using the reviewed methodology for depreciation that links indicators of mineral reserves, production volumes and terms of depreciation accrual, and considers the specifics of organization of production in the industry.
Conclusions and Relevance There is a need to reform the accounting for oil wells depreciation within the overall harmonization of the accounting system in Iraq.


Harmonization of Iraqi asset accounting using the Russian PBU and IFRS principles

Alsaegh B.A.M. University of Mosul, Mosul, Republic of Iraq ( belalamjad@yahoo.com )

Zyleva N.V. Tyumen State University, Tyumen, Russian Federation ( zyileva@mail.ru )

Journal: International accounting, #23, 2017

Subject This article deals with the issues related to Iraqi accounting rules, which do not include an equivalent of the Russian PBU 6/01, Accounting for Fixed Assets, and IAS 16, Property, Plant and Equipment, containing instead just several procedures for organizing the accounting of fixed assets established in the Uniform Accounting System, the Federal Accounting Law of the Republic of Iraq.
Objectives The article aims to substantiate proposals for the harmonization of Iraqi accounting for fixed assets providing a draft national standard for discussion.
Methods We have analyzed the information contained in the regulatory documents (IAS 16, PBU 6/01, Uniform Accounting System of the Republic of Iraq), with a view to comparing the proposed options for accounting for fixed assets, compiling positives and identifying ways of reforming Iraq's accounting for fixed assets.
Results The article demonstrates the need for a national standard for accounting for fixed assets to harmonize the accounting system in Iraq. In order to harmonize Iraqi accounting of fixed assets, we recommend that the draft standard Property, Plant and Equipment (Fixed Assets) presented in the article be used as a new national standard for the Republic of Iraq.
Relevance The proposed draft is close enough to the international accounting practice. However, it focuses on the real possibility of its practical application in the Republic of Iraq.


Harmonization of Iraqi Accounting of Fixed Assets Using the Russian Accounting Standards and IFRS

Alsaegh B.A. University of Mosul, Mosul, Republic of Iraq ( belalamjad@yahoo.com )

Zyleva N.V. Tyumen State University, Tyumen, Russian ( Federation zyileva@mail.ru )

Journal: Digest Finance, #1, 2018

Importance This article deals with the issues related to Iraqi accounting rules, which do not include an equivalent of Russian PBU 6/01 Accounting for Fixed Assets, and IAS 16 Property, Plant and Equipment, containing instead just several procedures for organizing the accounting of fixed assets established in the Uniform Accounting System, the Federal Accounting Law of the Republic of Iraq.
Objectives The article aims to substantiate proposals for the harmonization of Iraqi accounting for fixed assets providing a draft national standard for discussion.
Methods We have analyzed the information contained in the regulatory documents (IAS 16, PBU 6/01, Uniform Accounting System of the Republic of Iraq), with a view to comparing the proposed options for accounting for fixed assets, compiling positives and identifying ways of reforming Iraq's accounting for fixed assets.
Results The article demonstrates the need for a national standard for accounting for fixed assets to harmonize the accounting system in Iraq. In order to harmonize Iraqi accounting of fixed assets, we recommend that the draft standard Property, Plant and Equipment (Fixed Assets) presented in the article be used as a new national standard for the Republic of Iraq.
Conclusions and Relevance The proposed draft is close enough to the international accounting practice. However, it focuses on the real possibility of its practical application in the Republic of Iraq.


An analysis of costs for search and geological exploration

Skipin D.L. Tyumen State University, Tyumen, Russian Federation ( DSkipin@mail.ru )

Zyleva N.V. Tyumen State University, Tyumen, Russian Federation ( zyileva@mail.ru )

Journal: Economic Analysis: Theory and Practice, #18, 2015

Importance Mineral resources receive more and more attention in Russia. The issue gains special relevance due to the depletion of mineral resources under development, deterioration of their quality and reduction in the number of deposits explored. Currently, sources of finance for geological prospecting mainly include funds of private investors who are seeking to reduce their costs for search, evaluation and exploration of mineral resource deposits. In geological exploration, such costs are classified as a separate type of costs for search of mineral resources.
     Objectives The research aims at devising a set of indicators that will allow carrying out a comprehensive assessment of geological exploration costs, substantiate their reasonableness and efficiency.
     Methods The article indicates areas of analyzing the exploration costs on the basis of efficiency indicators that help determine whether exploration activities are reasonable and practicable. We suggest that exploration costs should be grouped by exploration assets constructed, investment in exploration assets and operating expenses. We also demonstrate that it is possible to apply index, coefficient, horizontal, vertical, comparative methods, comprehensive and systems approaches to analyzing geological exploration costs.
     Results The analysis of exploration costs has specific aspects since it is difficult to make an economic evaluation of the efficiency of geological exploration activities at the stage of searching for natural reserves. In this respect, we propose theoretical approaches and practical recommendations on the ways to estimate exploration costs using a horizontal, vertical and coefficient analysis of internal and external financial reporting.
     Conclusions and Relevance We conclude that it is necessary to optimize exploration costs by identifying the existing natural reserves and finding ways to use them, through a detailed and comprehensive analysis of exploration costs as indicated in financial and management accounting records. We suppose, an analysis of exploration assets will be advisable for both domestic entities for higher cost-effectiveness of their exploration activities, and would-be investors who consider outcomes of the analysis to take relevant decisions on finance of geological exploration projects.


Результаты поиска 1 - 6 из 6
Начало | Пред. | 1 | След. | Конец


Отсортировано по релевантности | Сортировать по дате