PROBLEMS IN ASSESSING OBLIGATIONS OF AN ORGANIZATION AND ERRORS IN RECORDING OF LIABILITIES

The purpose of this article is to identify problems in assessing the obligations of the organization and errors in accounting for obligations, as well as to offer basic recommendations for assessing the obligations of the organization, and eliminating errors in accounting for obligations. The subject of the study is the assessment of the organization's obligations, the accounting of obligations. The following methods were used in the work: analysis, comparison, observation. To write the article, data from regulatory documents, international financial reporting standards, and accounting regulations were used. Based on the results of the study, the concepts of "obligation" and "accounts payable" are considered, as well as problems in assessing the obligations of the organization, and errors in keeping records of obligations, and basic recommendations are given for their elimination. The proposals presented in the paper can be applied in practice by the accounting services of organizations