METHODS OF ECONOMIC ANALYSIS OF THE EFFECTIVENESS OF PERFORMING THE CONCESSION OBJECT

Abstract

The article is devoted to the development of methodological tools of economic analysis in terms of assessing the effectiveness of the modernization of the concession facility by a private partner. During the research it was found that the method of economic analysis of the efficiency of modernization of the concession object is variable to the system of accounting of this process in the accounts of the concessionaire enterprise. After analyzing the scientific literature, it was found out that there is a well-founded comprehensive multivariate mechanism for accounting of transactions under concession contracts, including operations for the modernization of the concession object. On this basis, further development of the methodology of economic analysis is based on the results obtained from the development of organizational and methodological provisions of accounting. In order to analyze the efficiency of incurred capital expenditures, an analytical statement of the estimated costs of modernization of the concessionaire by cost element has been proposed. The source of information will be the budget documentation for the beginning of the works, documentation on the adjustment of the budget and accounting data on the actual incurred capital costs for the modernization of the objects of the concession and its own fixed assets. Accounting information is the information content of the analytical information. In order to fully evaluate the effectiveness of the costs of modernization and the formation of high-quality information and analytical support, it is proposed in the structure of each subaccount of accounts of fixed assets to allocate analytical accounts of the first level in the following areas: objects of fixed assets received in concession; non-current assets that are owned by the concessionaire. In the context of the above, the information content of the above information is formed in the following directions: actual material costs, actual labor costs, actual costs of social measures, actual depreciation of non-current assets. It has been established that the directions of developing information support for the economic analysis of the capital expenditures efficiency for the modernization of the concession object should be defined by internal regulations, in particular, in the accounting policy and invoicing plan.