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International Accounting

Federal Accounting Standard (FSBU) 5/2019 – Inventories: An investigation of commodity operations during forensic auditing

Vol. 24, Iss. 12, DECEMBER 2021

Received: 2 December 2021

Received in revised form: 7 December 2021

Accepted: 8 December 2021

Available online: 14 December 2021

Subject Heading: CONTROL AND AUDIT

JEL Classification: К40, М42

Pages: 1368–1385


Svetlana V. KOZMENKOVA National Research Lobachevsky State University of Nizhny Novgorod (UNN), Nizhny Novgorod, Russian Federation


Ekaterina V. TYUN’KOVA Administration of the town of Zavolzhye, Zavolzhye, Gorodetsky District, Nizhny Novgorod Oblast, Russian Federation

ORCID id: not available

Subject. This article focuses on accounting expertise that holds a unique position in the system of effective economic crimes and infringement prevention.
Objectives. The article aims to identify the impact of the new Federal Accounting Standard (FSBU) 5/2019 – Inventories on the procedure for conducting a forensic accounting examination of commodity transactions in trade.
Methods. For the study, we used a comparative analysis, systematization, induction and deduction.
Results. Based on the research results, the article proposes a definition of the subject of forensic accounting examination of commodity transactions, and it reveals that the introduction of FSBU 5/2019 – Inventories into accounting practice contributed to the emergence of such examination objects as the fair value of goods and their impairment. The article also proposes to use in the activities of a forensic expert accountant the author-developed algorithms for conducting expert examinations.
Conclusions and Relevance. The implementation of FSBU 5/2019 introduces new objects of forensic accounting examination of commodity transactions in trade, so the proposed algorithms for expert examination will contribute to optimizing the activities of the forensic expert accountant. The results of the study can be applied both in the theory and practice of forensic economic expertise.

Keywords: forensic accounting expert examination, commodity transaction, FSBU 5/2019 – Inventories, fair value, allowance for impairment


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