COMPARATIVE ANALYSIS OF THE STANDARDS OF RAS AND IFRS ACCOUNTING AND EVALUATION OF FIXED ASSETS
The article is devoted to a comparative analysis of Russian accounting standards and international financial reporting standards in the area of fixed asset accounting. In the conditions of the current accounting system, the issues of modernization of the methodology for accounting for fixed assets and disclosure of information about them in the reporting are significant and relevant. Despite the fact that Russian standards have made significant progress in recent years in convergence with international standards in accounting for fixed assets, they still retain differences that lead to discrepancies in the reported data. An inaccurate reflection of fixed assets can not only distort the indicators that characterize the financial state of the organization, but also entail an incorrect calculation of depreciation charges. The result of this may be an incorrect assessment in the balance sheet of fixed assets, distortion of indicators of economic analysis of the use of fixed assets. In the article features of recognition of fixed assets as objects of accounting are considered, the comparative characteristic of formation of initial cost is made, the comparative analysis of methods of charge of depreciation of the basic means is carried out and features of the account of financial results from their leaving are reflected. In the course of the study, general scientific methods were used, such as analysis, synthesis, system, and complexity.