Subject Given that many economists are forecasting an increase in the inflation of the national economy due to retaliatory sanctions on the part of the Russian Federation, there is a need to introduce mechanisms, which can minimize the inflationary impact on the quality of information generated in financial statements, into accounting practice of commercial companies. Objectives The international accounting practice has accumulated a number of methods under which financial statements are adjusted to inflation level. However, domestic companies completely ignore the inflation factor when preparing financial statements. We believe that in this case one of the main reasons is a lack of methodology for introduction of new accounting mechanisms and techniques. The purpose of this paper is to develop a model of introducing the methods of financial statements adjustment to the rate of inflation into the system of accounting and analytical support to the management of a commercial organization. To achieve this goal, one of the tasks is to justify the need for reflecting the impact of inflation on accounting figures. Another task is to summarize the methods of accounting items' adjustment that prevail in the world practice, to characterize them and identify their principal advantages and disadvantages. Methods In this paper, using the statistical data, we analyzed the dynamics of inflation in the Russian Federation for the period from 2000 to 2014. We also simulated the inflation forecast for the end of 2015 on the basis of the current economic situation in the country. We analyzed 76 enterprises of the Southern Federal District in terms of accounting items revaluation. Following the results of the analysis, we revealed that the vast majority of companies do not make revaluation. Therefore, they completely ignore the effects of inflation on the figures of reported in their financial statements. Results We have developed a model enabling to introduce the method of accounting items' adjustment to monetary units of constant purchasing power into the accounting and analytical support system of a commercial organization. The basis of the model introduction is a phased approach, which consists in the fact that at each stage the management of an organization needs to achieve a certain goal, and only then to move on to the next stage. This system will contribute to a more effective implementation of the method of accounting items' adjustment to inflation rate into the system of accounting and analytical support of a commercial organization. Conclusions The introduction of one or another adjustment method into accounting practice will help generate higher quality information within the management accounts under the current economic conditions.
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