IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING

IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING

It is impossible to develop and improve market relations in Russia without thorough study and practical application of world best experiences in the field of accounting and accounting (financial) statements. International Financial Reporting Standards (IFRS) has been worked at for a longtime and tod...

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Bibliographic Details
Main Author: N. A. Rakevitch
Format: Article
Language:Russian
Published: Nauka 2016-12-01
Series:Modernizaciâ, Innovaciâ, Razvitie
Subjects:
ifrs
accounting
management reporting
profit and loss statement
cash flow statement
Online Access:https://www.mir-nayka.com/jour/article/view/561
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spelling doaj-ad8c885156ff42c0b3c82485bb2ebff02021-07-28T21:12:38ZrusNaukaModernizaciâ, Innovaciâ, Razvitie2079-46652411-796X2016-12-0122(6)109112557IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTINGN. A. Rakevitch0KuzGTUIt is impossible to develop and improve market relations in Russia without thorough study and practical application of world best experiences in the field of accounting and accounting (financial) statements. International Financial Reporting Standards (IFRS) has been worked at for a longtime and today they reflex the practice of foreign national accounting systems. It is high time for the Russian Federation to introduce IFRS in the national financial and management accounting system, so that Russian accounting standards get adapted to those international. It will helpcompanies to make statements that reflect actual situation in the enterprise, to take better-founded management decisions and, consequently, improve business management efficiency.https://www.mir-nayka.com/jour/article/view/561ifrsaccountingmanagement reportingprofit and loss statementcash flow statement
collection DOAJ
language Russian
format Article
sources DOAJ
author N. A. Rakevitch
spellingShingle N. A. Rakevitch
IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
Modernizaciâ, Innovaciâ, Razvitie
ifrs
accounting
management reporting
profit and loss statement
cash flow statement
author_facet N. A. Rakevitch
author_sort N. A. Rakevitch
title IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
title_short IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
title_full IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
title_fullStr IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
title_full_unstemmed IFRS-BASED MECHANISM OF FINANCIAL AND MANAGEMENT ACCOUNTING AND REPORTING
title_sort ifrs-based mechanism of financial and management accounting and reporting
publisher Nauka
series Modernizaciâ, Innovaciâ, Razvitie
issn 2079-4665
2411-796X
publishDate 2016-12-01
description It is impossible to develop and improve market relations in Russia without thorough study and practical application of world best experiences in the field of accounting and accounting (financial) statements. International Financial Reporting Standards (IFRS) has been worked at for a longtime and today they reflex the practice of foreign national accounting systems. It is high time for the Russian Federation to introduce IFRS in the national financial and management accounting system, so that Russian accounting standards get adapted to those international. It will helpcompanies to make statements that reflect actual situation in the enterprise, to take better-founded management decisions and, consequently, improve business management efficiency.
topic ifrs
accounting
management reporting
profit and loss statement
cash flow statement
url https://www.mir-nayka.com/jour/article/view/561
work_keys_str_mv AT narakevitch ifrsbasedmechanismoffinancialandmanagementaccountingandreporting
_version_ 1721262164552974336

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