Prospects of implementing IFRS for Russian agricultural enterprises
The article considers the necessity of implementing International Financial Reporting Standards for agricultural enterprises in Russia in order to increase their investment attractiveness for foreign investors. The research relevance matters because of the prospects for improving the efficiency of agriculture at the expense of foreign capital. The study examines the dynamics of foreign investment in Russian agriculture in 2015-2019, analyzes the features of implementing IFRS in the accounting of agricultural organizations, and points out the specifics of applying certain IFRS standards. Special attention is paid to the International Accounting Standard (IAS) 41 "Agriculture". In conclusion, the article concentrates on the prospects for applying IFRS by agricultural producers and the key factors that prevent this.