FEATURES OF INCOME AND EXPENSE IN THE RAS AND IFRS
Journal: Science Journal "NovaInfo" (Vol.1, No. 57)Publication Date: 2016-12-30
Authors : Musyanova Marina Yurevna;
Page : 236-239
Keywords : RAS; IFRS; REVENUES; COSTS; FINANCIAL RESULTS;
Abstract
This article describes the features and directions of improvement of income and expenses in the domestic and foreign practice. The comparative characteristic of revenue recognition in RAS and MCFO. Also discussed and analyzed the need to introduce the Russian practice of accounting the International Financial Reporting Standards.
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