Problems of an initial assessment of investment real estate: comparative analysis of International Financial Reporting Standards (IFRS) and Russian Accounting Standards (RAS) principles
Vakhrushina M.A.Doctor of Economics, Professor, Head of department " Accounting and Business analysis", the Russian Correspondence Financial and Economic Institute, Moscow vakhrushina@mail.ru
Borodin O.A.graduate student of chair "the Accounting and business analysis", the Russian Correspondence Financial and Economic Institute, Moscow legalcons@hotmail.com
In Russia active formation of the market of profitable real estate continues, i.e. real estate as object of investment for the purpose of obtaining the steady income in the form of a rent and/or increase in cost proceeds for a long time. In this regard investors are interested in obtaining reliable and full reporting information on efficiency of investments in real estate. A basis for obtaining such information is the assessment at initial recognition. In the article on the basis of the comparative analysis of principles of an initial assessment of investment real estate of IFRS and RUS on improvement of the Russian accounting approaches in this sphere are proved.
