Period of useful use of fixed funds and its influence on an organization's cushioning policy

When calculating depreciation, commercial organizations must comply with all the requirements of legal and regulatory and methodological regulation of the processes of formation and use of depreciation deductions, however, the actual period of use of production assets often exceeds the period fixed by the corresponding depreciation group. In this regard, it is necessary to transform the provisions of the accounting policy of the organization that regulate the amortization process, based on the possibilities of maneuvering the duration of the use of fixed assets. The regulation of this mechanism differs significantly in domestic and international legislation.