Normative-legal regulation of objects of accounting

The article is devoted to the improvement of the order of reflection in the balance sheet of economic assets and sources of their formation, taking into account the requirements of legal acts in the field of accounting. Financial statements are a tool of market relations, providing each market entity with the necessary financial information. The difference between tax accounting of fixed assets and accounting, methods of depreciation in tax accounting and differences in the recognition of certain types of costs associated with the acquisition of fixed assets.