FEATURES OF R & D EXPENDITURES IN RUSSIA AND OTHER COUNTRIES OF THE WORLD
In this article, using the methods of analysis and synthesis, the features of financing for research and development in Russia, Europe, the USA and China in 2019-2020 are considered, the sources of their financing are studied, the accounting of R & D expenses in international financial reporting standards and Russian accounting standards is analyzed, their main problems are identified. In the course of the study, a comparative analysis of domestic and foreign features of the development of the sphere of innovative developments was carried out, promising directions for 2021-2022 were considered, an attempt was made to systematize the main conditions for the effective implementation of innovative activities, as well as forecasting the amounts of R & D expenditures by various countries in 2021.