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International Accounting
 

Discrepancies of Russian Accounting Standards (RAS) and International Financial Reporting Standards (IFRS): myths and reality

Vol. 12, Iss. 1, JANUARY 2009

Available online: 17 September 2009

Subject Heading: On the way to international standards

JEL Classification: 

Sukhareva O.A. Managing Partner of Accounting Methodology Centre
info@bmcenter.ru

The article considers examples of alleged differences of RAS and IFRS that are indeed may be removed under the account policy without any violations of requirements of Russian regulatory legal acts since real differences are not in requirements of statutory acts but in their practical application.

Keywords: reporting, balance, assets, loss, depreciation, deferred taxes, fixed assets

References:

  1. Vasin A.S., Lebedev V.P. Formirovanie assortimenta eksportiruemoi produktsii s uchetom proizvodstvennykh i rynochnykh neopredelennostei [Formation of the export goods range taking into account production and market uncertainties]. Ekonomicheskii analiz: teoriia i praktika — Economic analysis: theory and practice, 2003, no. 4.
  2. Lipov V. Institutsional’naia komplementarnost’ v formirovanii i razvitii natsional’nykh sotsial’no-ekonomicheskikh sistem stran mira [Institutional complementarity in formation and development of national social and economic systems of the countries of the world]. Terra Economicus. Ekonomicheskii vestnik Rostovskogo gosudarstvennogo universiteta — Terra Economicus. Economic bulletin of the Rostov State University, 2009, vol. 7, no. 4, pp. 51–67.
  3. Makarov Iu.N., Khrustalev E.Iu. Mekhanizmy restrukturizatsii naukoemkikh proizvodstv na primere raketno-kosmicheskoi promyshlennosti [Mechanisms for high-tech industries restructuring: the aerospace industry as an example]. Ekonomika i matematicheskie metody — Economics and mathematical methods, 2010, vol. 46, no. 3.
  4. Tsvetkov V.Ia. Upravlenie i antropoentropiia [Management and antropoentropy]. Metody upravleniia i modelirovaniia v biznese i obrazovanii — Methods of control and modeling in business and education, 2005, no. 9, pp. 28–31.

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

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