THE DISCLOSURES ON FINANCIAL INSTRUMENTS IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS

The development of market infrastructure, the digital economy and the emergence of a number of major investment projects in Russia led to the emergence of objective necessi- ty of presentation in the financial statements reliable analytical information on the amount and types of financial instruments, based on IFRS principles. The relevance of the study due to the fact that the Russian standards of accounting category of financial instruments is not provid- ed, whereas in accordance with IFRS, in particular, trade receivables and payables. Therefore, in the preparation of the Russian companies financial statements according to IFRS requires to make many adjustments