Auditing procedure for fixed assets

The research is relevant due to a special role of agriculture in domestic economy, close connections among all participants of the agricultural market and the need for improvement of accounting and financial con- trol under modern economic conditions. This article describes the role and importance of control (audit) and re- porting on the accounting reliability concerning the fixed assets items. Generalizations of a well-known auditing procedures and techniques for accounting of fixed assets have been done. The article shows the mechanism for the audit of fixed assets. It submits the auditing results to obtain a comprehensive picture of fixed assets which are used by an organization of agro-industrial complex in Omsk region. The results of research and findings con- cerning accounting reliability have been presented. This article contains a series of auditing documents related to the topic that can be used for detecting and fixing accounting mistakes.