Accounting of assets in the activities of the enterprise

A typical classification of asset accounting is considered as the main correct organization of accounting for fixed assets in organizations, which forms information about fixed assets in an organization for various purposes. The classification is aimed at providing uniformity in the grouping of fixed assets, in accounting and reporting of enterprises, regardless of the industry and legal form. Therefore, companies use a single classification of fixed assets and a single principle of their accounting valuation. Fixed assets differ in composition and are classified according to various criteria.