Home  Journals  International Accounting  1(535) - 2026 January

Draft FSBU – Expenses and its impact on the financial accounting and reporting system of organizations

Received: 20 November 2025

Accepted: 12 January 2026

Available online: 29 January 2026

Subject Heading: NATIONAL STANDARDS OF ACCOUNTING AND REPORTING

JEL Classification: M41, М42

Pages: 4-16

https://doi.org/10.24891/hnvyvc

Subject. This article provides a comprehensive analysis of the key innovations of the Draft Russian Accounting Standard (FSBU) – Expenses, which is intended to replace the current PBU 10/99 – Organization Expenses.
Objectives. The article aims to assess the extent of transformation in the requirements for the preparation and disclosure of information on expenses, and identify the practical consequences of implementing the new standard for the preparation and presentation of financial statements by economic entities.
Methods. For the study, we used analysis and synthesis, comparison, generalization, and abstraction.
Results. The article presents the results of a comparative analysis of the provisions of the Draft (FSBU) – Expenses and PBU 10/99, identifies and systematizes the key innovations of the Draft (FSBU) – Expenses in the areas of classification, recognition, and measurement of expenses, and analyzes the impact of the Draft's provisions on the formation of reporting indicators and their subsequent interpretation by users. The article also offers recommendations aimed at implementing the provisions of the Draft (FSBU) – Expenses into the organization's accounting practices.
Conclusions. The RAS (FSBU) – Expenses project introduces a two-level classification of expenses, dividing them into expenses included in net profit (loss) and expenses not included in net profit (loss); clarifies the conditions for recognizing expenses for ordinary activities and expenses different from those for ordinary activities; and establishes requirements for the disclosure of information about expenses. It is necessary to refine and finalize the Draft (FSBU) – Expenses in order to harmonize it with IFRS.

Keywords: financial statements, accounting statements, accounting policy, classification of expenses, recognition and assessment of expenses

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