The procedure for writing off inventory in the BU according to FSB 5/2019

Starting with the financial statements for 2021, organizations are required to apply the new FSBU 5/2019 "Inventories". The new accounting procedure for FSBU 5/2019 "Inventories" differs significantly from the established PBU 5/01 "Accounting for inventories" the list of objects recognized as reserves, the procedure for recognizing a reserve as an asset, valuation, write-off of reserves, and much more.