The problem of improving use efficiency security deposits for security reproduction of fixed funds in Russian corporations

The current state of Russian corporations is characterized by high depreciation of fixed assets. Currently, there is an acute problem of insufficient resources to finance expanded reproduction, modernization and updating of existing facilities. The absence in Russia at the legislative level of control over the use of depreciation deductions determines the misuse of depreciation funds. To increase the efficiency of ensuring the reproduction of fixed assets in Russian corporations, the development and adoption of a law on depreciation policy is necessary.