Fair value in accounting
For any decision, investment, management and users need the information they get from the accounting records. In the financial statements of the company reflect the assets and sources of its formation in the valuation. In Russian practice of accounting is adopted on initial evaluation (historical), residual, and replacement costs. Whereas the international practice is to use fair value. Currently in Russia there is an active process of implementation of international standards in Russian accounting practice. The article is devoted to the study of the basic problems of introduction of the practice of calculating fair value in the Russian reality