Comparative characteristics of accounting under IFRS, Russian Accounting Standards and national standards of the Republic of Angola
The development of accounting is connected closely with formation of economic relations in society and plays the main role in the economy. It is very difficult to imagine a rapidly changing world without the financial information formed due to accounting. The paper presents a comparative analysis of the peculiarities of accounting and reporting in the Russian Federation and in the Republic of Angola in accordance with IFRS. The author demonstrates problems and directions of accounting reforming.