FINANCIAL ACCOUNTING MODERN METHODS OF VALUATION: IFRS AND RAS

Abstract

The article discusses a topical theme of transition of Russian companies to International financial reporting standards (IFRS). Proper accounting in accordance with IFRS, allows the company to track trends of its development, deeply and systematically investigate the factors of changes of financial results of the company, to make important economic decisions. Given the problems of applying modern evaluation methods in financial accounting. Accounting based on the concept of «historical cost» is no longer relevant.

Keywords

• международные стандарты финансовой отчетности
• бухгалтерский учет
• финансовая отчетность
• активы
• обязательства
• капитал
• методы оценки
• international financial reporting standards
• accounting
• financial statements
• assets
• liabilities
• equity
• evaluation methods