Production stocks pbu 5. Fsbu "reserves" - the federal accounting standard. Accounting for the posting of inventories

MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

ORDER
dated 09.06.01 N 44n

ON APPROVAL OF THE REGULATION ON ACCOUNTING

PBU 5/01

N 156n,
dated 03/26/2007 N 26n, from 25.10.2010 N 132n)

Pursuant to the Accounting Reform Program in accordance with international standards financial statements approved by the Government Decree Russian Federation dated March 6, 1998 N 283 (Sobraniye zakonodatelstva Rossiyskoy Federatsii, 1998, N 11, art. 1290), I order:

1. Approve the attached Regulations on accounting"Accounting for material production stocks PBU 5/01.

2. Recognize as invalid:

Order of the Ministry of Finance of the Russian Federation of June 15, 1998 N 25n "On Approval of the Regulation on Accounting for Inventories" PBU 5/98 "(The Order was registered with the Ministry of Justice of the Russian Federation on July 23, 1998, registration number 1570);

clause 1 of the List of amendments and additions to the regulatory legal acts of the Ministry of Finance of the Russian Federation, approved by Order of the Ministry of Finance of the Russian Federation of December 30, 1999 N 107n (the Order was registered with the Ministry of Justice of the Russian Federation on January 28, 2000, registration number 2064);

clause 2 of the Amendments to the regulatory legal acts on accounting attached to the Order of the Ministry of Finance of the Russian Federation of March 24, 2000 N 31n "On amendments to the regulatory legal acts on accounting" (the Order was registered with the Ministry of Justice of the Russian Federation on April 26, 2000 ., registration number 2209).

3. To put this Order into effect starting from financial statements 2002.

Minister
A.L. KUDRIN

Approved
by order
Ministry of Finance
Russian Federation
dated 09.06.2001 N 44n

POSITION
ACCOUNTING
"INVENTORY ACCOUNTING"
PBU 5/01

(As amended by the Orders of the Ministry of Finance of the Russian Federation dated November 27, 2006 N 156n,
dated 03/26/2007 N 26n, from 25.10.2010 N 132n)

I. General provisions

1. This Regulation establishes the rules for the formation in accounting of information on the organization's inventories. Organization is hereinafter referred to as entity according to the legislation of the Russian Federation (with the exception of credit organizations and state (municipal) institutions).
(as amended by the Order of the Ministry of Finance of the Russian Federation of October 25, 2010 N 132n)

2. For the purposes of this Regulation, the following assets are accepted for accounting as inventories:

used as raw materials, materials, etc. in the production of products intended for sale (performance of work, provision of services);
intended for sale;
used for the management needs of the organization.

Finished products are part of inventories intended for sale (the end result of the production cycle, assets completed by processing (picking), the technical and qualitative characteristics of which comply with the terms of the contract or the requirements of other documents, in cases established by law).

The goods are part of inventories purchased or received from other legal or individuals and intended for sale.

3. The accounting unit of inventories is chosen by the organization independently in such a way as to ensure the formation of complete and reliable information about these reserves, as well as proper control over their presence and movement. Depending on the nature of inventories, the procedure for their acquisition and use, a unit of inventories can be an item number, batch, homogeneous group, etc.

4. This Regulation does not apply to assets characterized as work in progress.
(clause 4 as amended by the Order of the Ministry of Finance of the Russian Federation of March 26, 2007 N 26n)

II. Valuation of inventories

5. Inventories are accepted for accounting at actual cost.

6. The actual cost of inventories purchased for a fee is the amount of the organization's actual costs of acquisition, except for value added tax and other refundable taxes (except as provided by the legislation of the Russian Federation).

The actual costs of acquiring inventories include:

amounts paid in accordance with the contract to the supplier (seller);
amounts paid to organizations for information and consulting services related to the acquisition of inventories;
customs duties;
non-refundable taxes paid in connection with the acquisition of a unit of inventory;
remuneration paid to an intermediary organization through which inventories are acquired;
costs for the procurement and delivery of inventories to the place of their use, including insurance costs. These costs include, in particular, the cost of procurement and delivery of inventories; the costs of maintaining the procurement and storage unit of the organization, the costs of transport services for the delivery of inventories to the place of their use, if they are not included in the price of inventories established by the contract; accrued interest on loans provided by suppliers (commercial loan); accrued prior to the accounting of inventories, interest on borrowed funds, if they are involved in the acquisition of these inventories;
the costs of bringing inventories to a state in which they are suitable for use for the planned purposes. These costs include the costs of the organization for underworking, sorting, packaging and improving specifications received stocks not related to the production of products, performance of work and provision of services;
other costs directly related to the acquisition of inventories.

General business and other similar expenses are not included in the actual costs of acquiring inventories, except when they are directly related to the acquisition of inventories.

7. The actual cost of inventories in their manufacture by the organization itself is determined based on the actual costs associated with the production of these inventories. Accounting and formation of costs for the production of inventories is carried out by the organization in the manner established for determining the cost of the relevant types of products.

8. The actual cost of inventories contributed as a contribution to the authorized (share) capital of the organization is determined based on their monetary value agreed by the founders (participants) of the organization, unless otherwise provided by the legislation of the Russian Federation.

For the purposes of this Regulation, the current market value means the amount Money, which can be obtained as a result of the sale of these assets.

10. The actual cost of inventories received under contracts providing for the fulfillment of obligations (payment) in non-monetary means is the cost of assets transferred or to be transferred by the organization. Assets transferred or to be transferred by an entity are valued at the price at which the entity would normally charge similar assets in comparable circumstances.

If it is impossible to establish the value of the assets transferred or to be transferred by the organization, the cost of inventories received by the organization under contracts providing for the fulfillment of obligations (payment) in non-monetary funds is determined based on the price at which similar inventories are acquired in comparable circumstances.

11. The actual cost of inventories, determined in accordance with paragraphs 8, 9 and 10 of this Regulation, also includes the actual costs of the organization for the delivery of inventories and bringing them into a condition suitable for use, listed in paragraph 6 of this Regulation .

12. The actual cost of inventories, in which they are accepted for accounting, is not subject to change, except in cases established by the legislation of the Russian Federation.

13. An organization carrying out trading activities may include the costs of procurement and delivery of goods to central warehouses (bases), incurred before they are transferred for sale, to be included in the cost of sale.

Goods purchased by an entity for sale are valued at their acquisition cost. Organization implementing retail, it is allowed to evaluate the purchased goods at the selling price with a separate allowance for markups (discounts).

14. Inventories that do not belong to the organization, but are in its use or disposal in accordance with the terms of the contract, are taken into account in the assessment provided for in the contract.

15. Excluded. - Order of the Ministry of Finance of the Russian Federation of November 27, 2006 N 156n.

III. Issue of inventories

16. When inventory is released (except for goods accounted for at sale value) into production and otherwise disposed of, their assessment is carried out in one of the following ways:

at the cost of each unit;
at an average cost;
at the cost of the first acquisition of inventories (FIFO method);
the paragraph has been deleted since January 1, 2008. - Order of the Ministry of Finance of the Russian Federation of March 26, 2007 N 26n.

The use of one of these methods for a group (type) of inventories is based on the assumption of the sequence of application of accounting policies.

17. Inventory used by the organization in a special manner ( precious metals, precious stones, etc.), or inventories that cannot normally be substituted for each other, may be valued at the cost of each unit of such inventories.

18. Evaluation of inventories at the average cost is made for each group (type) of stocks by dividing the total cost of the group (type) of stocks by their number, which are formed respectively from the cost and the amount of the balance at the beginning of the month and the stocks received during this month.

19. Estimation at the cost of the first acquisition of inventories (FIFO method) is based on the assumption that inventories are used within a month and another period in the sequence of their acquisition (receipt), i.e. Inventories that are the first to be put into production (sales) should be valued at the cost of the first acquisitions, taking into account the cost of inventory at the beginning of the month. When applying this method, the assessment of inventories in stock (in stock) at the end of the month is made at the actual cost of the latest acquisitions, and the cost of goods, products, works, services sold takes into account the cost of early acquisitions.

21. For each group (type) of inventories, one assessment method is applied during the reporting year.

22. Evaluation of inventories at the end of the reporting period (except for goods accounted for at sale value) is made depending on the accepted method of estimating inventories upon their disposal, i.e. at the cost of each unit of inventory, the average cost, the cost of the first time acquisitions.
(as amended by the Order of the Ministry of Finance of the Russian Federation of March 26, 2007 N 26n)

IV. Disclosure of information in financial statements

23. Inventories are reflected in the financial statements in accordance with their classification (distribution into groups (types)) based on the method of use in the production of products, performance of work, provision of services or for the management needs of the organization.

24. At the end of the reporting year, inventories are reflected in balance sheet at a cost determined on the basis of the methods used for estimating reserves.

25. Inventories that are morally obsolete, have completely or partially lost their original quality, or the current market value, the sale price of which has decreased, are reflected in the balance sheet at the end of the reporting year, less a reserve for depreciation material assets. The reserve for the decline in the value of material assets is formed at the expense of the financial results of the organization by the amount of the difference between the current market value and the actual cost of inventories, if the latter is higher than the current market value.

26. Inventories owned by the organization, but in transit or transferred to the buyer on bail, are accounted for in accounting in the assessment provided for in the contract, with subsequent clarification of the actual cost.

27. Accounting statements are subject to disclosure, taking into account materiality, at least the following information:

on methods for assessing inventories by their groups (types);
about the consequences of changes in the methods of estimating inventories;
on the cost of inventories pledged;
on the size and movement of reserves for depreciation of material assets.

I. General provisions

1. This Regulation establishes the rules for the formation in accounting of information on the organization's inventories. An organization is hereinafter understood as a legal entity under the laws of the Russian Federation (except for credit institutions and state (municipal) institutions). (As amended by the order of the Ministry of Finance of Russia dated October 25, 2010 No. 132n)

2. For the purposes of this Regulation, the following assets are accepted for accounting as inventories:

used as raw materials, materials, etc. in the production of products intended for sale (performance of work, provision of services);
intended for sale;
used for the management needs of the organization.

Goods are part of inventories purchased or received from other legal entities or individuals and held for sale.

4. This Regulation does not apply to assets characterized as work in progress. (Clause 4 as amended by the order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n)

II. Valuation of inventories

5. Inventories are accepted for accounting at actual cost.

6. The actual cost of inventories purchased for a fee is the amount of the organization's actual costs of acquisition, excluding value added tax and other refundable taxes (except as provided by the legislation of the Russian Federation).
The actual costs of acquiring inventories include:

amounts paid in accordance with the contract to the supplier (seller);
amounts paid to organizations for information and consulting services related to the acquisition of inventories;
customs duties;
non-refundable taxes paid in connection with the acquisition of a unit of inventory;
remuneration paid to an intermediary organization through which inventories are acquired;
costs for the procurement and delivery of inventories to the place of their use, including insurance costs. These costs include, in particular, the cost of procurement and delivery of inventories; the costs of maintaining the procurement and storage unit of the organization, the costs of transport services for the delivery of inventories to the place of their use, if they are not included in the price of inventories established by the contract; accrued interest on loans provided by suppliers (commercial loan); accrued prior to the accounting of inventories, interest on borrowed funds, if they are involved in the acquisition of these inventories;
the costs of bringing inventories to a state in which they are suitable for use for the planned purposes. These costs include the costs of the organization for processing, sorting, packing and improving the technical characteristics of the received stocks, not related to the production of products, the performance of work and the provision of services;
other costs directly related to the acquisition of inventories.

General business and other similar expenses are not included in the actual costs of acquiring inventories, except when they are directly related to the acquisition of inventories. The paragraph is excluded. - Order of the Ministry of Finance of Russia dated November 27, 2006 No. 156n.

7. The actual cost of inventories during their manufacture by the organization itself is determined based on the actual costs associated with the production of these inventories. Accounting and formation of costs for the production of inventories is carried out by the organization in the manner established for determining the cost of the relevant types of products.

9. The actual cost of inventories received by the organization under a donation agreement or free of charge, as well as those remaining from the disposal of fixed assets and other property, is determined based on their current market value as of the date of acceptance for accounting.
For the purposes of this Regulation, the current market value means the amount of money that can be received as a result of the sale of these assets.

10. The actual cost of inventories received under contracts providing for the fulfillment of obligations (payment) in non-monetary means is the cost of assets transferred or to be transferred by the organization. Assets transferred or to be transferred by an entity are valued at the price at which the entity would normally charge similar assets in comparable circumstances.

11. The actual cost of inventories, determined in accordance with paragraphs 8, 9 and 10 of this Regulation, also includes the actual costs of the organization for the delivery of inventories and bringing them into a condition suitable for use, listed in paragraph 6 of this Regulation.

12. The actual cost of inventories, in which they are accepted for accounting, is not subject to change, except in cases established by the legislation of the Russian Federation.

13. An organization engaged in trading activities may include the costs of procurement and delivery of goods to central warehouses (bases), incurred before they are transferred for sale, to be included in the cost of sale.

Goods purchased by an entity for sale are valued at their acquisition cost. An organization engaged in retail trade is allowed to evaluate the purchased goods at the selling price with a separate allowance for markups (discounts).

14. Inventories that do not belong to the organization, but are in its use or disposal in accordance with the terms of the contract, are accepted for accounting in the assessment provided for in the contract.

15. Item excluded. Order of the Ministry of Finance of the Russian Federation dated November 27, 2006 No. 156n.

III. Issue of inventories

16. When inventory is released (except for goods accounted for at sale value) into production or otherwise disposed of, they are assessed in one of the following ways:

at the cost of each unit;
at an average cost;
at the cost of the first acquisition of inventories (FIFO method);
the paragraph has been deleted since January 1, 2008. - Order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n.

The use of one of these methods for a group (type) of inventories is based on the assumption of the sequence of application of accounting policies.

17. Inventories used by the organization in a special way (precious metals, precious stones, etc.), or stocks that cannot normally replace each other, can be valued at the cost of each unit of such stocks.

18. Evaluation of inventories at the average cost is made for each group (type) of stocks by dividing the total cost of the group (type) of stocks by their number, which are formed respectively from the cost and the amount of the balance at the beginning of the month and the stocks received during this month.

19. Estimation at the cost of the first acquisition of inventories (FIFO method) is based on the assumption that inventories are used within a month and another period in the sequence of their acquisition (receipt), i.e. Inventories that are the first to be put into production (sales) should be valued at the cost of the first acquisitions, taking into account the cost of inventory at the beginning of the month. When applying this method, the assessment of inventories in stock (in stock) at the end of the month is made at the actual cost of the latest acquisitions, and the cost of goods, products, works, services sold takes into account the cost of early acquisitions.

20. Item deprecated as of January 1, 2008. Order of the Ministry of Finance of the Russian Federation dated March 26, 2007 No. 26n.

21. For each group (type) of inventories during the reporting year, one assessment method is used.

22. Evaluation of inventories at the end of the reporting period (except for goods accounted for at selling cost) is made depending on the accepted method of estimating inventories when they are disposed of, i.e. at the cost of each unit of inventory, the average cost, the cost of the first time acquisitions. (As amended by the order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n)

IV. Disclosure of information in financial statements

23. Inventories are reflected in the financial statements in accordance with their classification (distribution into groups (types) based on the method of use in the production of products, performance of work, provision of services or for the management needs of the organization.

24. At the end of the reporting year, inventories are reflected in the balance sheet at a cost determined on the basis of the methods used for estimating reserves.

25. Inventories that are obsolete, have completely or partially lost their original quality, or the current market value, the sale price of which has decreased, are reflected in the balance sheet at the end of the reporting year, less a reserve for the decline in the value of material assets. The reserve for the decline in the value of material assets is formed at the expense of the financial results of the organization by the amount of the difference between the current market value and the actual cost of inventories, if the latter is higher than the current market value.

26. Inventories owned by the organization, but in transit or transferred to the buyer on bail, are accounted for in accounting in the assessment provided for in the contract, with subsequent clarification of the actual cost.

27. In the financial statements, at least the following information is subject to disclosure, taking into account materiality:

on methods for assessing inventories by their groups (types);
about the consequences of changes in the methods of estimating inventories;
on the cost of inventories pledged;
on the size and movement of reserves for depreciation of material assets.

, dated 10/25/2010 N 132n, dated 05/16/2016 N 64n)

1. Approve the attached Regulation on accounting "Accounting for inventories" PBU 5/01.

2. Recognize as invalid:

Order of the Ministry of Finance of the Russian Federation of June 15, 1998 N 25n "On Approval of the Regulation on Accounting for Inventory" PBU 5/98" (the Order was registered with the Ministry of Justice of the Russian Federation on July 23, 1998, registration number 1570);

3. To put into effect this Order, starting with the financial statements of 2002.

Minister
A.L. KUDRIN

APPROVED
by order
Ministry of Finance
Russian Federation
dated 09.06.2001 N 44n

REGULATION ON ACCOUNTING "ACCOUNTING FOR INVENTORIES" PBU 5/01

I. General provisions

1. This Regulation establishes the rules for the formation of accounting information on the organization's inventories. An organization is hereinafter understood as a legal entity under the laws of the Russian Federation (except for credit institutions and state (municipal) institutions). (as amended by the Order of the Ministry of Finance of the Russian Federation of October 25, 2010 N 132n)

2. For the purposes of this Regulation, the following assets are accepted for accounting as inventories:

used as raw materials, materials, etc. in the production of products intended for sale (performance of work, provision of services);

intended for sale;

used for the management needs of the organization.

Goods are part of inventories acquired or received from other legal entities or individuals and intended for sale.

3. The accounting unit of inventories is chosen by the organization independently in such a way as to ensure the formation of complete and reliable information about these reserves, as well as proper control over their presence and movement. Depending on the nature of inventories, the procedure for their acquisition and use, a unit of inventories may be an item number, a batch, a homogeneous group, etc.

4. This Regulation does not apply to assets characterized as work in progress. (as amended by the Order of the Ministry of Finance of the Russian Federation of March 26, 2007 N 26n)

II. Valuation of inventories

5. Inventory - production stocks are accepted for accounting at actual cost.

6. The actual cost of inventories purchased for a fee is the amount of the organization's actual costs for the acquisition, except for value added tax and other refundable taxes (except for cases provided for by the legislation of the Russian Federation).

The actual costs of acquiring inventories include:

amounts paid in accordance with the contract to the supplier (seller);

amounts paid to organizations for information and consulting services related to the acquisition of inventories;

non-refundable taxes paid in connection with the acquisition of a unit of inventory;

remuneration paid to an intermediary organization through which inventories are acquired;

costs for the procurement and delivery of inventories to the place of their use, including insurance costs. These costs include, in particular, the cost of procurement and delivery of inventories; the costs of maintaining the procurement and storage unit of the organization, the costs of transport services for the delivery of inventories to the place of their use, if they are not included in the price of inventories established by the contract; accrued interest on loans provided by suppliers (commercial loan); interest on borrowed funds accrued before acceptance for accounting of inventories, if they are involved in the acquisition of these inventories;

the costs of bringing inventories to a state in which they are suitable for use for the planned purposes. These costs include the costs of the organization for processing, sorting, packing and improving the technical characteristics of the received stocks, not related to the production of products, the performance of work and the provision of services;

other costs directly related to the acquisition of inventories.

General business and other similar expenses are not included in the actual costs for the acquisition of inventories, except when they are directly related to the acquisition of inventories.

For the purposes of this Regulation, the current market value means the amount of money that can be received as a result of the sale of these assets.

10. The actual cost of inventories received under contracts providing for the fulfillment of obligations (payment) in non-monetary means is recognized as the cost of assets transferred or to be transferred by the organization. Assets transferred or to be transferred by an entity are valued at the price at which the entity would normally charge similar assets in comparable circumstances.

If it is impossible to establish the value of assets transferred or to be transferred by the organization, the cost of inventories received by the organization under contracts providing for the fulfillment of obligations (payment) in non-monetary funds is determined based on the price at which similar inventories are acquired in comparable circumstances.

12. The actual cost of inventories, in which they are accepted for accounting, is not subject to change, except in cases established by the legislation of the Russian Federation.

13.1. An organization that has the right to apply simplified accounting methods, including simplified accounting (financial) statements, can evaluate acquired inventories at the supplier's price. At the same time, other costs directly related to the acquisition of inventories are included in expenses for ordinary species activities in their entirety in the period in which they are incurred. (as amended by the Order of the Ministry of Finance of the Russian Federation of May 16, 2016 N 64n)

13.2. A micro-enterprise that has the right to apply simplified accounting methods, including simplified accounting (financial) statements, may recognize the cost of raw materials, materials, goods, other costs for the production and preparation for sale of products and goods as part of the costs of ordinary activities in the full amount of as they are acquired (implemented). (as amended by the Order of the Ministry of Finance of the Russian Federation of May 16, 2016 N 64n)

Another organization that has the right to apply simplified methods of accounting, including simplified accounting (financial) statements, may recognize these costs as expenses for ordinary activities in the full amount, provided that the nature of the activity of such an organization does not imply the presence of significant balances of material and production stocks. At the same time, significant balances of inventories are considered to be such balances, information about the presence of which in the financial statements of the organization is able to influence the decisions of users of the financial statements of this organization. (as amended by the Order of the Ministry of Finance of the Russian Federation of May 16, 2016 N 64n)

13.3. An organization that has the right to apply simplified accounting methods, including simplified accounting (financial) statements, may recognize expenses for the acquisition of inventories intended for management needs as part of expenses for ordinary activities in the full amount as they are acquired (implemented). ). (as amended by the Order of the Ministry of Finance of the Russian Federation of May 16, 2016 N 64n)

14. Inventory and production reserves that do not belong to the organization, but are in its use or disposal in accordance with the terms of the contract, are accepted for accounting in the assessment provided for in the contract.

15. Item excluded. (as amended by the Order of the Ministry of Finance of the Russian Federation of November 27, 2006 N 156n)

III. Issue of inventories

16. When inventory is released (except for goods accounted for at sale value) into production and otherwise disposed of, their assessment is carried out in one of the following ways:

at the cost of each unit;

at an average cost;

at the cost of the first in time acquisition of inventories (FIFO method);

The application of one of these methods by group (type) of inventories is based on the assumption of the sequence of application of the accounting policy.

17. Inventory used by the organization in a special manner (precious metals, precious stones, etc.), or stocks that cannot normally replace each other, can be valued at the cost of each unit of such stocks.

19. Estimation at the cost of the first in time acquisition of inventories (FIFO method) is based on the assumption that inventories are used within a month and another period in the sequence of their acquisition (receipt), i.e. Inventories that are the first to be put into production (sales) should be valued at the cost of the first acquisitions, taking into account the cost of inventory at the beginning of the month. When applying this method, the assessment of inventories in stock (in stock) at the end of the month is made at the actual cost of the latest acquisitions, and the cost of goods, products, works, services sold takes into account the cost of early acquisitions.

23. Inventories are reflected in the financial statements in accordance with their classification (distribution by groups (types)), based on the method of use in the production of products, performance of work, provision of services or for the management needs of the organization.

24. At the end of the reporting year, inventories are reflected in the balance sheet at a cost determined on the basis of the methods used for estimating reserves.

25. Inventories that are morally obsolete, have completely or partially lost their original quality, or the current market value, the sale price of which has decreased, are reflected in the balance sheet at the end of the reporting year, less the reserve for the decline in the value of material assets. The reserve for the decrease in the value of material assets is formed at the expense of the financial results of the organization by the amount of the difference between the current market value and the actual cost of inventories, if the latter is higher than the current market value.

This paragraph may not be applied by an organization that has the right to apply simplified methods of accounting, including simplified accounting (financial) reporting. (as amended by the Order of the Ministry of Finance of the Russian Federation of May 16, 2016 N 64n)

26. Inventory and production stocks owned by the organization, but on the way, or transferred to the buyer on bail, are taken into account in accounting in the assessment provided for in the contract, with subsequent clarification of the actual cost.

27. Accounting statements are subject to disclosure, taking into account materiality, at least the following information:

on methods for assessing inventories by their groups (types);

on the consequences of changes in the methods of estimating inventories;

on the cost of material - production stocks pledged;

on the size and movement of reserves for depreciation of material assets.

POSITION

ACCOUNTING

"ACCOUNTING OF MATERIAL AND INDUSTRIAL STOCKS"

PBU 5/01

(approved by order of the Ministry of Finance of Russia dated 09.06.2001 No. 44n

as amended on November 27, 2006 No. 156n, on March 26, 2007 No. 26n, on October 25, 2010 No. 132n, on May 16, 2016 No. 64n)

I. General provisions

(As amended by the order of the Ministry of Finance of Russia dated October 25, 2010 No. 132n)

2. For the purposes of this Regulation, the following assets are accepted for accounting as inventories:

used as raw materials, materials, etc. in the production of products intended for sale (performance of work, provision of services);

intended for sale;

used for the management needs of the organization.

Goods are part of inventories purchased or received from other legal entities or individuals and held for sale.

4. This Regulation does not apply to assets characterized as work in progress.

II. Valuation of inventories

5. Inventories are accepted for accounting at actual cost.

The actual costs for the acquisition of inventories include:

amounts paid in accordance with the contract to the supplier (seller);

amounts paid to organizations for information and consulting services related to the acquisition of inventories;

customs duties;

non-refundable taxes paid in connection with the acquisition of a unit of inventory;

remuneration paid to an intermediary organization through which inventories are acquired;

costs for the procurement and delivery of inventories to the place of their use, including insurance costs. These costs include, in particular, the cost of procurement and delivery of inventories; the costs of maintaining the procurement and storage unit of the organization, the costs of transport services for the delivery of inventories to the place of their use, if they are not included in the price of inventories established by the contract; accrued interest on loans provided by suppliers (commercial loan); accrued prior to the accounting of inventories, interest on borrowed funds, if they are involved in the acquisition of these inventories;

other costs directly related to the acquisition of inventories.

General business and other similar expenses are not included in the actual costs of acquiring inventories, except when they are directly related to the acquisition of inventories.

(As amended by the order of the Ministry of Finance of Russia dated November 27, 2006 No. 156n)

For the purposes of this Regulation, the current market value means the amount of money that can be received as a result of the sale of these assets.

12. The actual cost of inventories, in which they are accepted for accounting, is not subject to change, except in cases established by the legislation of the Russian Federation.

13.1. An organization that has the right to apply simplified accounting methods, including simplified accounting (financial) statements, can evaluate acquired inventories at the supplier's price. At the same time, other costs directly related to the acquisition of inventories are included in the cost of ordinary activities in the full amount in the period in which they were incurred.

(Introduced by order of the Ministry of Finance of Russia dated May 16, 2016 No. 64n)

15. Excluded (Order of the Ministry of Finance of Russia dated November 27, 2006 No. 156n).

III. Issue of inventories

16. When inventory is released (except for goods accounted for at sale value) into production and otherwise disposed of, their assessment is carried out in one of the following ways:

at the cost of each unit; at an average cost;

at the cost of the first acquisition of inventories (FIFO method);

The use of one of these methods for a group (type) of inventories is based on the assumption of the sequence of application of accounting policies.

(As amended by the order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n)

17. Inventories used by the organization in a special manner (precious metals, precious stones, etc.), or stocks that cannot normally replace each other, can be valued at the cost of each unit of such stocks.

20. Excluded (order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n).

21. For each group (type) of inventories, one assessment method is applied during the reporting year.

(As amended by the order of the Ministry of Finance of Russia dated March 26, 2007 No. 26n)

IV. Disclosure of information in financial statements

24. At the end of the reporting year, inventories are reflected in the balance sheet at a cost determined on the basis of the methods used for estimating reserves.

25. Inventories that are morally obsolete, have completely or partially lost their original quality, or the current market value, the sale price of which has decreased, are reflected in the balance sheet at the end of the reporting year, less a reserve for the decline in the value of material assets. The reserve for the decrease in the value of material assets is formed at the expense of the financial results of the organization by the amount of the difference between the current market value and the actual cost of inventories, if the latter is higher than the current market value.

This paragraph may not be applied by an organization that has the right to apply simplified methods of accounting, including simplified accounting (financial) reporting.

(the paragraph was introduced by order of the Ministry of Finance of Russia dated May 16, 2016 No. 64n)

26. Inventories owned by the organization, but on the way, or transferred to the buyer on bail, are accounted for in accounting in the assessment provided for in the contract, with subsequent clarification of the actual cost.