ABSTRACT
The huge scales of capital investment and the new role of the production apparatus require that careful attention be given to the structure of fixed assets. The discrepancy between the existing system of planning and stimulation and the new role of fixed assets was the main cause of the decline in recent years of the output-to-capital ratio. The cost accounting essence of the mechanism for acquiring centralized capital investments in the form of credit consists in the fact that interest is exacted for it from profits. In the existing economic system, enterprises are interested in receiving a maximum of capital investments and in having a maximum of fixed assets. The rise in the economic effectiveness of capital investment imposes higher requirements on the methodology for determining it. The documents of the Plenary Meeting that have to do with the economic reform directly state the need for a timely revision of the obsolete wholesale prices.
