ACCOUNTING PERENNIAL PLANTS: RUSSIAN AND INTERNATIONAL PRACTICE
An important issue of recognition, accounting and further evaluation of perennial plantings in the organization's economy is a key question. However, the resolution of the problem of revaluation of assets owned by the enterprise is regulated by the IFRS Council. This article considers the difference between the recognition of perennial plantations in accordance with International Accounting Standards and the Russian accounting system, which should be taken into account in the preparation of reporting.