+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






International Accounting

Provisions for vacations in accounting: methodological approaches to formation

Vol. 18, Iss. 24, JUNE 2015

Available online: 28 July 2015


JEL Classification: 

Pages: 56-62

Goryachikh S.P. Vyatka State University of Humanities, Kirov, Russian Federation

Subject Accounting statutory documents bind many organizations to create reserves; however, these documents include only general requirements and principles, there are no clearly regulated methods to create provisions for vacations. Therefore, accountants have numerous questions regarding the methodology of creating such reserves in compliance with accounting regulations.
     Objectives The study aims to summarize and review methodological approaches to formation of reserves for leaves and vacations in organizations.
     Methods Based on empirical research, I analyze and classify methods of creating provisions for leaves, taking into account the specifics of accounting process automation and the size of the enterprise.
     Results I have provided a classification of various methodological approaches to the formation of provision for leaves and vacations in organizations depending on the nature of accounting process and the size of the organization. The considered methods may be helpful for practical use in accounting operations of organizations, as well as in teaching and learning activities related to accounting for reserves and provisions.
     Conclusions I conclude that under the accounting reform in accordance with International Financial Reporting Standards, reserves are an important indicator of financial reporting as they enable to disclose unbiased and reliable information about financial condition of organizations.

Keywords: reserves, provisions, estimated liabilities, accounting, tax accounting


  1. Akimova E.V. Rezervy: slozhnye momenty bukhgalterskogo i nalogovogo ucheta [Reserves: difficulties in financial and tax accounting]. Moscow, ROSBUKh Publ., 2012, 160 p.
  2. Aleksandrova T.A. Vmesto otpusknogo rezerva nachislyaem otsenochnoe obyazatel'stvo po otpuskam [We accrue provisions for vacations instead of vacation reserves]. Zarplata = Salary, 2014, no. 12, pp. 32–38.
  3. Beletskaya Yu.A. Rezerv na oplatu otpuskov: itogi inventarizatsii [A reserve for vacations: inventory results]. Aktual'nye voprosy bukhgalterskogo ucheta i nalogooblozheniya = Topical Issues of Accounting and Taxation, 2014, no. 3, pp. 42–51.
  4. Bulaev S.V. Rezervy po MSFO i RSBU: v chem raznitsa? [Reserves under IFRS and RAS: what is the difference?]. Pishchevaya promyshlennost': bukhgalterskii uchet i nalogooblozhenie = Food Industry: Accounting and Taxation, 2014, no. 10. Available at: Link.
  5. Bykovskaya A.V. Novye pravila bukhucheta otdel'nykh aktivov i rezervov s 2011 goda [New accounting rules for some assets and reserves starting from 2011 onwards]. Rossiiskii nalogovyi kur'er = Russian Tax Courier, 2011, no. 9. Available at: Link.
  6. Goryachikh S.P. Osobennosti bukhgalterskogo i nalogovogo ucheta formirovaniya rezervov v sel'skokhozyaistvennykh predpriyatiyakh [Specifics of financial and tax accounting for reserves formation at agricultural enterprises]. Ekonomika sel'skokhozyaistvennykh i pererabatyvayushchikh predpriyatii = Economy of Agricultural and Processing Enterprises, 2014, no. 11, pp. 36–38.
  7. Zonova A.V., Bachurinskaya I.N., Goryachikh S.P. Bukhgalterskii finansovyi uchet [Financial accounting]. St. Petersburg, Piter Publ., 2011, 480 p.
  8. Konovalova E.V. Sozdaem rezerv na oplatu otpuskov [Creating provisions for vacation compensation]. Glavnaya kniga = General Ledger, 2011, no. 8. Available at: Link.
  9. Manokhova S.V. Poryadok otrazheniya otsenochnogo obyazatel'stva v bukhgalterskom uchete [Accounting for provisions]. Torgovlya: bukhgalterskii uchet i nalogooblozhenie = Trade: Accounting and Taxation, 2014, no. 11. Available at: Link.
  10. Manokhova S.V. Sushchnost' i ponyatie otsenochnogo obyazatel'stva [The essence and concept of evaluation obligations]. Torgovlya: bukhgalterskii uchet i nalogooblozhenie = Trade: Accounting and Taxation, 2014, no. 11. Available at: Link.
  11. Nikitashina E. Otpusknoi rezerv [Vacation reserve]. Raschet = Calculation, 2014, no. 5. Available at: Link.
  12. Fedorovich V. Rezerv na oplatu otpuskov [Reserve for vacation compensation]. Prakticheskii bukhgalterskii uchet = Practical Accounting, 2012, no. 5. Available at: Link.
  13. Khitrova S. “Otpusknye” rezervy [Vacation reserves]. Konsul'tant = Consultant, 2014, no. 1. Available at: Link.
  14. Shchadilova S.N. Formirovanie i ispol'zovanie rezervov soglasno MSFO [Creating and using reserves under IFRS]. Auditor, 2013, no. 9. Available at: Link.

View all articles of issue


ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 24, Iss. 11
November 2021