The Economic Essence of Land Resources: the Accounting Dimension

The article is aimed at exploring the economic content of the concept of «land resources» as an object of accountance, establishing its relationship with the following terms: «land», «natural capital», «land capital», «land property». On the basis of consideration of the essence of the concept of «land» at the legislative level and an analysis of definitions of the content of this category it has been determined that «land» is a special kind of biological asset, means of production, and the spatial basis of placement and development of branches of the national economy. According to results of an analysis of the essence of the terms of «natural capital» and of «land capital», it has been determined that it is inadvisable to include these concepts in the set-up of accountance objects. The invidiousness of identification of the concepts of «land resources» and of «land» has been proved, as these concepts are related as general and private. It has been substantiated, that the land resources are the object of accountance, and the land property acts as a unit of accounting of land resources