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






International Accounting

Deferred expenses: Theory and practice of accounting

Vol. 24, Iss. 9, SEPTEMBER 2021

Received: 30 August 2021

Received in revised form: 6 September 2021

Accepted: 8 September 2021

Available online: 15 September 2021


JEL Classification: М41

Pages: 968–985


Tat'yana Yu. SEREBRYAKOVA Cheboksary Cooperative Institute, Branch of Russian University of Cooperation, Cheboksary, Chuvash Republic, Russian Federation


Subject. This article examines the issues related to the operations of deferred expenses for the relevance and necessity of applying a special procedure for attributing costs that may belong to future periods, to the expenses of the reporting period.
Objectives. The article aims to find a logically verified methodology for accounting for costs related to the current and future periods and their reflection in the financial statements.
Methods. For the study, I used a systems approach and logical generalization.
Results. The study shows that in the organizations’ business life, there are cases of a need to accumulate certain types of costs on a special account with their subsequent write-off for expenses in the periods when these costs begin to bring economic benefits. Such costs must be significant in amount and be of an investment nature. Otherwise, there are risks of the accrual principle (assumption) violation.
Conclusions and Relevance. The accounting regulator in the Russian Federation needs to make adjustments to the regulatory documents that determine the procedure for classification, accounting and disclosure of information in the accounting (financial) statements, providing in the first section of the financial position report an unambiguously interpreted item for deferred expenses not attributable to the reporting years, as well as related information in other forms of accounting (financial) statements. Adjustments also need to be made to existing accounting provisions to eliminate conflicts and discrepancies with respect to deferred expenses. The results of the study are intended to develop theoretical views on the methodology of accounting for costs and expenses of organizations and the promotion in practice of this approach to the classification of costs between current and deferred expenses.

Keywords: deferred expenses, costs, expenditures, accounting (financial) statements


  1. Druzhilovskaya E.S. [Improving the terminological apparatus in the field of assessment when recognizing reserves in the Russian and international accounting of commercial and non-profit organizations of the non-governmental sector]. Bukhgalterskii uchet v byudzhetnykh i nekommercheskikh organizatsiyakh = Accounting in Budgetary and Non-Profit Organizations, 2021, no. 5, pp. 2–12. (In Russ.)
  2. Sapozhnikova N.G., Shchipilova N.Yu. [Income and expenses of future periods]. Vestnik Voronezhskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2016, no. 3, pp. 132–136. URL: Link (In Russ.)
  3. Sapozhnikova N.G., Volkova Yu.B. [Problems of forming systematized information about stocks in domestic and foreign financial statements]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2012, vol. 15, iss. 29, pp. 2–8. URL: Link (In Russ.)
  4. Korovina L.N., Turbina N.M. [Expenditures of future periods: modern view]. Uchenye zapiski Tambovskogo otdeleniya RoSMU, 2018, no. 10, pp. 47–52. URL: Link (In Russ.)
  5. Kuz’menko O.A., Sobol’nikova A.V. [About the problem of the necessity in using calculation "Prospective Periods Expenditures" taking into account consideration of Russian companies]. Akademicheskii vestnik, 2012, no. 2, pp. 224–226. URL: Link (In Russ.)
  6. Gracheva M.E. [Specifics of the reflection of prepaid income and expenses in the financial statements]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2010, vol. 13, iss. 10, pp. 29–35. URL: Link (In Russ.)
  7. Ivantsova S.N. [Expenses and reserves: The common and the different]. Byudzhetnyi uchet, 2018, no. 12, pp. 10–15. (In Russ.)
  8. Slabinskii D.V. [Methods of manipulation of profit indicators: manipulation of expenses]. Vestnik Belgorodskogo gosudarstvennogo tekhnologicheskogo universiteta im. V.G. Shukhova = Bulletin of BSTU named after V.G. Shukhov, 2012, no. 3, pp. 110–112. URL: Link (In Russ.)
  9. Tsygankov K.Yu. [Deferred income and expenses]. Sibirskaya finansovaya shkola = Siberian Financial School, 2010, no. 4, pp. 138–144. URL: Link (In Russ.)
  10. Medvedeva T.M. [Expenses of future periods]. Aktual'nye voprosy bukhgalterskogo ucheta i nalogooblozheniya, 2014, no. 3, pp. 27–36. (In Russ.)

View all articles of issue


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

Journal current issue

Vol. 24, Iss. 9
September 2021