November, 22 – participation of the third-year-students of the specialty “Accounting and Taxation” in an Online Training. It took place within the discipline “Financial Accounting”. It was organized by the Assistant Professor of the Chair of Accounting and Taxation, Iryna Burdenko. The speaker of the webinar was Olha Tseluiko, financial and taxation consultant with 20-year practical experience.
The online training included the following issues:
Repairs and improvements: what about depreciation? Is it possible to accrue tax depreciation on industrial equipment during downtime?
Features of the production method of depreciation.
Under what conditions the accelerated depreciation of fixed assets is applied.
How to form the initial cost of gratuitously received fixed assets.
How to determine the initial cost of fixed assets received from a non-resident.
How to account for a fully depreciated fixed assets.
What about VAT and income tax on the sale of fixed assets with zero residual value?
The lack of which documents calls into question the fact of commissioning of fixed assets?
Do I need to have depreciation documents?
How to properly draw up an independent liquidation of fixed assets, without accruing VAT liabilities.
Thanks to Olha for interesting and useful info!