DEPRECIATION AND COST STABILITY IN SOVIET ACCOUNTING.
This paper has shown the importance that Soviet planners attach to the establishment of common cost categories and cost stability. A highly standardized industrial accounting system requires a common treatment of similar economic activities and thus permits planners to make cost comparisons between firms as a basis for measuring economic efficiency. The discussion of depreciation indicated the deficiencies of the depreciation rate, the inclusion of capital repairs in the depreciation rate and the desire of planners to maintain control over working capital. Large losses on the sale or retirement of fixed assets arose because of inadequate depreciation and because of over expenditures on capital repairs. The revision of the depreciation rate in order to eliminate these losses showed the concern of planners with cost stability.
- DOI
- 10.2308/tar-7106813
- Volume
- 38 (4)
- Pages
- 819-826
- Language
- en
- Export
- BibTeX
- Sources
- crossref openalex