Influence of the structure of construction organizations inventories on the balance sheet liquidity

¹ Moscow State University of Civil Engineering, Yaroslavskoye sh., 26, 129337, Moscow, Russia
² Voronezh State Technical University, 20-letiya Oktyabrya Street, 84, 394006, Voronezh, Russia

^* Corresponding author: ZaslavskayaIV@mgsu.ru

Abstract

The article addresses the issue of the impact of the structure of inventories on the liquidity and solvency of construction organizations. In 2019, the Ministry of Finance of the Russian Federation enacted new federal accounting standards FSBU, which expanded the composition of inventories and changed the approach to their valuation. The indicator “Inventories” in the balance sheet has a versatile structure, which depends on many factors, including the type of construction organization (customer, developer or contractor), the terms of construction contracts, the nature of the construction work performed and others. The task of analysis with regard to the structure of inventories is closely related to the task of improving the reliability of reporting and defining the liquidity and level of solvency of construction organizations. The article examines the structure of inventories in construction organizations of different types and their reflection in accounting, and reveals the influence of factors on different groups of inventories, which constitute a significant share in the total structure of inventories, as well as analyzes the main factors affecting the structure of inventories and considers the problems of construction organizations in reflecting the real value of inventories in the balance sheet. In addition, for preventive diagnostics and adjustment of reporting items, recommendations are given on how to reflect the structure of inventories in additional analytical internal supporting reporting.