On the question of reclassification of fixed assets into long-term assets for sale

The article considers: long-term assets for sale (LTAs) as an innovation in the field of Russian accounting; situations related to the need to reclassify non-current assets into DAP; the conditions necessary for reclassification; the accounting policy of JSC Russian Railways regarding the recognition and valuation of DAP; cases when the company's non-current assets are not subject to reclassification to the WCT; the procedure for the subsequent evaluation of the DAP, the methodology of accounting and reflection in financial statements; reverse reclassification of DAP into non-current assets.