Creation of Reserves of Future Costs and Payments to Be Occurred in Accounting as One Way to Reduce Risks of Enterprise Activities in Crisis

Significant importance for maintenance of continual activity of enterprise in crisis has the creation of reserves of costs and payments to be occurred in accounting. Created reserves give confidence in the future not only to the company and its employees but also to the partners. The object of the article is to outline the theoretical basis and justification of certain methodological aspects of creation of reserves of costs and payments to be occurred in accounting as one way to reduce risks of enterprise activities in crisis. Terms of reserves accrual in the accounting system were disclosed. The problem of methodical component of formation of restructuring process provision was emphasized. The classification was held and the stages of creation of costs provisions to be occurred in accounting was identified. Methods of calculation of different types of provisions in the enterprises of Ukraine in crisis were determined. The necessity of reserves and regulations combination (valuation reserves) to ensure maximum effect from creation of reserves on the enterprise were justified.