Accounting for depreciation of fixed assets of the enterprise

In modern conditions, enterprises need to effectively use the accounting system in order to control and improve their work. Accounting allows to reflect the processes of production and distribution, characterizes the financial position of the organization, and serves as the basis for planning its activities. Special importance is given to accounting for depreciation of fixed assets as an important part of the accounting of fixed assets. Knowledge of the economic content, purpose and methods of depreciation are important for employees of the accounting Department, managers in General, and for employees of the financial and economic departments of the organization.