DEPRECIATION CAPITAL AS A SOURCE OF FIXED ASSETS REPRODUCTION: ACCOUNTING AND TAXATION ASPECTS

Abstract

The paper examines the current state, structure and dynamics of investment in the fixed assets of economic entities in Russia. The problems of updating fixed assets and possible investment resources are identified. The analysis of the normative basis on accounting and taxation of fixed assets currently in force is conducted with the purpose of understanding its influence on forming depreciation capital. The authors substantiate the necessity of using the concept of depreciation capital; analyze its interrelation with fixed assets. The role of depreciation capital in the increase of the volume of investments in fixed assets of organizations through the mechanism of improving public depreciation policy is explained.