The solution to the problem of cost accounting on the development of natural resources

The paper notes that the specifics of cost accounting for production in exploration organizations are governed by industry instructions. However, for a long time there was no specific list of expenses for the development of natural resources, leaving the solution of this problem to economic entities. Starting from the financial statements in 2012, PBU 24/2011 “Accounting for the costs of developing natural resources” came into force. The introduction of this provision is relevant, and allows you to solve a number of problems in the field of accounting.