Home  Journals  International Accounting  5(203) - 2012 February

New regulation for forming report about income statement in Russian accounting standards and IFRS

Available online: 30 January 2012

Subject Heading: REFORMING OF THE REPORTING

JEL Classification: 

The paper analyzes the impact of recent changes in Russian and international financial reporting standards for the formation disclosure requirements reporting information about the financial performance of organizations. Based on comparison of the requirements of International Financial Reporting Standards and Russian regulatory requirements on accounting differences and unity of the Russian and international approaches to reflect the financial performance of organizations in the financial statements at this stage are systematized.

Keywords: financial reporting, financial results, profits, losses, income, consumption, gross income, international financial reporting standards, income statement, statement of comprehensive income

View all articles of issue

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

Journal current issue

Vol. 27, Iss. 4 April 2024

Archive