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Depreciation Policy And Ways To Improve It For Updating Industry' Fixed Assets

Table 3:

The symptom of systematization Characteristics block Characteristics
Systemicdisadvantages of the existing depreciation system of the Russian Federation (a) legal and regulatory - depreciation rates are poorly linked to the rational service life of equipment;- a large number of standards are allowed;- performers are not interested in using the capabilities of existing depreciation methods.
b) control and regulation - lack of clearly defined goal setting in the depreciation policy;- lack of assessment of the effectiveness of the depreciation policy;- lack of control over the use of depreciation charges.
2. "Embeddedness" of depreciation processes in the economic mechanism of business entities a) on the ratio of depreciation and scientific and technical policy; - insufficient number of existing technical and technological reserves;- the lack of depreciation even under conditions of simple reproduction.
b) in relation to tax policy - instability of the tax system;- incomplete coordination of depreciation and tax policies in the framework of accounting and tax accounting.
3. the relationship between the depreciation system and macroeconomic conditions in the Russian Federation. a) on compliance with the goals of economic growth and efficiency of economic development; - lack of real prioritization for industries and certain types of economic activity;- lack of guidelines for the implementation of innovative programs;- lack of prioritization on the susceptibility of innovations by fixed capital;
b) in relation to the conditions of macroeconomic stability; - "strict" financial policy and "priority" of taxation;limits for maximizing depreciation.
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