CLASSIFICATION OF INVESTMENTS BY TERMS: SHORT-TERM AND LONG-TERM

Abstract

Currently, there are many options for classifying investments in the scientific community, but almost all authors carry out the classification by terms. At the same time, scientists do not have a single approach to classification by time attribute. In addition, the proposed classification options (short-term, long-term, medium-term), as well as the terms of certain investments themselves, are usually not justified anywhere and are presented as a given. According to the author, such an arbitrary and unjustified classification does not meet the requirements of scientific classification. In addition, different approaches and options for classifying investments by terms in investment textbooks do not contribute to a unified collection, analysis, accounting and reporting in the field of investment, as well as the unification of financial documents in accordance with international standards, but on the contrary, will contribute to the ambiguity of law enforcement practice. Based on the options for classifying investments by terms proposed by the scientific community, an analysis of regulatory acts, as well as international standards in the field of finance and accounting, the author comes to the conclusion that it is advisable to use a single classification by investment period for short-term (up to one year) and long-term (over one year), and fixing such a classification in a regulatory document.