Losses: Recognition Criteria, Category Features, Interpretation

The article solves the confusion with respect to simultaneous use of the terms "expenditures" and "losses" - by means of the study of processes, which cause their formation. Different modern interpretations of the "costs" category are considered. The article provides the author's interpretation of the "expenditures" notion. It offers the author's own view of losses and expenditures in the system of the company economy. Features of the "losses" category and criteria of recognition of losses are provided with the aim to specify such a group of indicators as losses and also for better essential understanding (interpretation). Criteria of recognition of losses include: absence of their purpose, unpredictability of appearance, stipulation by risks of owning property, non-advent (non-expectation of advent) of a positive economic effect for a company. It is offered to include the following into the features of the "losses" category: loss of own cost by assets or liabilities, which is caused by factors that indicate that effectiveness of assets, liabilities and receivables is or will be worse than it was expected, also expression of reduction of value of inventory holdings, investments, assets or liabilities, absence of direction of their appearance (benefits).