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International Accounting
 

IFRS as the universal approach to formation of the financial reporting of the organizations

Vol. 14, Iss. 3, JANUARY 2011

Available online: 21 January 2011

Subject Heading: REFORMING OF ACCOUNTING

JEL Classification: 

Gusarova L.V. Cand. Econ. Sci., the senior lecturer, Bugulminsky branch of Institute of economy, Managements and the rights, Kazan
gusarova@bug.ieml.ru

In article it is told about advantages IFRS, the international standards of the financial account as the effective and universal mechanism of formation of the financial reporting which allows to work successfully with foreign partners and provides efficient control the organization.

Keywords: the international standards of the financial reporting, business, competition, the information, the reliability, the consolidated reporting

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

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