AUDIT OF THE DEPRECIATION (AMORTIZATION) PROCESS OF FIXED ASSETS

Abstract

This article examines the economic essence of depreciation (amortization) of fixed assets, the procedures for its reflection in accounting, and the theoretical and practical aspects of audit verification. The impact of depreciation accounting on a company's financial results, the necessity of its proper organization, and the problems identified during audit processes are analyzed. In addition, the role of audit in ensuring the accuracy and transparency of depreciation accounting is highlighted, and practical recommendations are developed.