Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
The use of MBS in the transformation of Russian statements in statements prepared in accordance with IFRS
Available online: 19 April 2011 Subject Heading: REFORMING OF THE REPORTING JEL Classification:
The paper considers the standards applied during the transformation of IAS 29 «Financial reporting in hyperinflationary economies « and IFRS 1 «First-time Adoption of International Financial Reporting Standards, as amended in 2009». The author is a practical example shows the procedure for converting balance sheet items accounting for hyperinflation. Keywords: transformation of Russian accounting, Generally Accepted Accounting Principles (GAAP), Full conversion, Phased conversion, Opening balance, Accounting policies |
ISSN 2311-9381 (Online)
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