Subject. This article discusses the issues related to the financial accounting of organizations' income. Objectives. The article aims to identify the prospects for addressing areas of concern of organizations' income financial accounting. Methods. For the study, I used critical analysis, synthesis, comparison, observation, and systematization. Results. Based on the analysis of the impact of the adoption of the Russian Accounting Standard (FSBU) 9/2025 – Income on topical issues of financial accounting recognition of organizations' revenues, the analysis of innovations in FSBU 9/2025 regarding the interpretation of the economic substance of revenues as objects of financial accounting recognition, criteria for revenue recognition and measurement, as well as the comparison of the new regulations of FSBU 9/2025 with revenue recognition rules in PBU 9/99 and other Russian accounting regulatory documents, and with regulations on revenue recognition under the International Financial Reporting Standards (IFRS) system, the article substantiates the degree of convergence between FSBU 9/2025 regulations and IFRS 15 rules, identifies areas of concern of financial accounting recognition of revenues at the present stage, and justifies ways to address them. Conclusions and Relevance. The regulations of FSBU 9/2025 regarding the definition, recognition criteria, and measurement of revenue are largely aligned with IFRS 15 rules, but also have a number of differences from them. Overall, the innovations of FSBU 9/2025 are logical and expedient, but they retain some areas of concern of the financial accounting of organizations' revenues, which can be resolved in the process of further development of the Russian Accounting Standards. The results obtained have both practical and theoretical areas of application in the field of financial accounting.
Keywords: income, revenue, other comprehensive income, total comprehensive income
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