Depreciation fund: concept, history of establishment and possibility of use in the modern economic environment and legal field

Abstract

The issue of the formation and use of the depreciation fund is a very interesting and somewhat even controversial issue. The purpose of this work is to consider the theoretical foundations of the formation of the depreciation fund, including historical issues, and to assess the possibilities of its use in the modern economic environment and legal field. For this it is necessary to answer the following questions: how and when did the depreciation fund arise; why and how the amortization fund is formed; is it possible for a depreciation fund to exist in the modern economic environment and legal framework. The main sources of information were regulatory documents on accounting, special literature, periodicals and Internet resources.