Home  Journals  International Accounting  41(287) - 2013 November

The essential features and market transformation of financial statements

Available online: 12 November 2013

Subject Heading: ON WAY TO THE INTERNATIONAL STANDARDS

JEL Classification: 

The article is devoted to the problems of of comparison of domestic system of accounting (RSBU) with is international recognized formats - IFRS and GAAP. Identification and systematization of distinctions are given in the specified standards in the appendix to practical questions of transformational adjustments implementation. The problems of the subsequent application of various analytical procedures to formats of the reporting and acceptance on their basis of absolutely various administrative decisions are described. In the article accurate distinction between intrinsic and tactical differences of national registration systems and formats of IFRS or GAAP is carried out. In this case different ways of the decision of the specified problems are offered.

Keywords: IFRS, RSBU, GAAP, international accounting standards, Russian standards, comparability, transformational adjustments, analytical coefficients

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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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