COMPARATIVE CHARACTERISTICS OF BASIC APPROACHES TO THE ORDER OF ORGANIZATION AND ACCOUNTING IN RUSSIA AND THE UNITED STATES
Accounting is often called the language of business. And this is true, in accounting and reporting summarizes the results of activities and the current state of each business entity. Changes in the economic system of the Russian Federation, caused, among other things, by the introduction of sectoral sanctions against Russia by the United States, led to changes in the activities of enterprises and affected the practice of their accounting. In this situation, understanding the principles of the American financial accounting system and their differences from the Russian accounting practice is of particular importance.