Peculiarities of valuation allowance for doubtful accounts in OJSC "Russian Railways"

This article discusses: the method of estimation of the assets of the company in accordance with the requirement of diligence, which obliges not to inflate the estimate of assets if their market value was lower than the book value; governing values to clarify the valuation of assets; the order reflect the value of the assets in the balance sheet; especially the establishment of a valuation allowance for doubtful accounts in railway transport, namely, periodicity, the grounds for recognition of the doubtful debt, deciding on the establishment.