Subject. This article deals with the issues of generating information about interest-bearing liabilities from the point of view of their interpretation as deferred expenses for the loaned (borrowed) funds provided to the enterprise. Objectives. The article aims to develop an approach to a more detailed formation and presentation of accounting information on the interest-bearing liabilities of commercial enterprises. Methods. For the study, we used a dialectical approach, observation, synthesis, as well as elements of the accounting method. Results. The article finds that the Russian regulatory framework regarding interest-bearing liabilities is based on a legal interpretation that limits accounting possibilities and determines the lack of a currently relevant methodology for accounting for credit (loan) expenses, associated with the segregation of these expenses into different accounts. The article offers an interpretation of credit (loan) expenses that helps eliminate the mentioned drawback and remove the restrictions related to the presentation of information on interest-bearing liabilities in financial reporting. Conclusions. The proposal to recognize the entire amount of interest immediately as deferred expenses can help interested users of accounting (financial) statements obtain more reliable information about the financial condition of the organization, including liquidity, solvency, and financial stability.
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