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International Accounting
 

Optimization of process of preparation of the international reporting during life cycle of the company

Vol. 15, Iss. 14, APRIL 2012

Available online: 6 April 2012

Subject Heading: REFORMING of REPORTING

JEL Classification: 

Shuklov L.V. PhD in Economics, chief methodologist of department “Accounting and Control”, ITERA International Group
lev.shuklov@gmail.com

Efficiency of different financial instruments usage depends of how optimal is the balance between specification and accuracy level of incoming information and speed of its obtaining. In the article recommendations about optimization of process of preparation of the reporting at different stages of development, allowing to receive information which is required for the fullest satisfaction of information requirements of financial management are developed.

Keywords: IFRS, transformation, translation of transactions, parallel accounting, company growth and development, IFRS implementation stages, information systems, financial management, instruments of finance management

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

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