Accounting for corporate event expenses: current issues

Each organization celebrates some memorable dates, holidays, holds corporate events of an industrial nature, all this involves the occurrence of expenses for their implementation. For the tax inspectorate, such expenses are very controversial, since they are not always, in the opinion of tax inspectors, associated with a welcoming need and, accordingly, do not have the right to be included in the calculation of taxable profit. All this makes accounting of expenses for corporate events a very tense area of accounting, because the ability of an enterprise to reduce its taxable profit by the amount of such expenses depends on the competent accounting of such expenses or not. The author considered the features of accounting and taxation of the costs of holding corporate events and proposed an original algorithm for reflecting the costs of holding corporate events, where the key place is occupied by the register of management accounting. The results of this study can be useful for accounting workers, as well as students of economic specialties of higher educational institutions.