Changes in the policies of non-financial assets in municipal institutions

The paper studies the problems of changes in the organization of account of non-financial assets in state (municipal) institutions as a result of new statutory accounting instrument introduced in 2010-2011. The author highlights the essential features of a number of changes in the normative regulation of fixed assets, intangible assets, inventories and cost of their acquisition (creation). There comes a conclusion about the trends of the current change.