Abstract.

The article is devoted to the specifics of ads reflection in accounting and tax treatment. The main aim of the author was to examine the most complex and contentious issues in the accounting of these objects. Based on the goals, objectives were to determine the possibility and the need to recognise a commercial reel as an intangible asset, to study different ways of advertising costs recovery, in particular for the purposes of calculating the income tax and to consider some peculiarities of agency relationships between the enterprise and advertising agencies. During this research the author has employed such methods of scientific research as comparison and classification, analysis and formalisation, systematic approach, structural and functional methods. The article identifies the conditions and criterias of ads classification as an intangible asset or to recover as expense, studies different methods of accounting for advertising costs as well as the features of the agency relationships.

Keywords: ads, intangible asset, accounting, tax accounting, agency relationships.

Abstract

The subject In this scientific article the study of differences between the accounting and the tax treatment of distribution costs have been made. In connection with the changes that have occurred in the system of legal regulation of accounting and taxation guidance on the accounting treatment of costs has been given al wll as a classification of costs has been given and their recognition has been shown. This article contains examples of calculation of corporate income tax.

Goals / objectives The mail goal of this work was to identify the difference in costs accounting and taxation. To reach this goal, a huge number of objectives such as characteristic of expenditures both in the tax treatment and in the accounting, recording of expenses, explaination of the difference between the tax and accounting have been attained.

Methodology During the conducted research such methods as description, classification and analysis have been employed.

Results The result of this work was the study of differences in the classification of costs in the accounting and tax treatment, identification of problems with the reflection of these costs and their recognition in accounting and looking for the ways to solve this problem.

Conclusions / relevance In this research the basic principles of distributon costs reflection in accounting and tax treatment have been reflected, the main problems related to the difference in the recognition of distribution costs have been studied and the solutions to the major problems of a legal entity in relations with the tax authorities have been formulated.

Keywords: trade, accounting, costs, tax accounting, accounting, production, costs.

Abstract

Subject/subject The subject of this article are ways of fixed asset objects receipt by the organization and documentary registration and the order of such procedures on bookkeeping accounts.

Purposes / tasks The main goals of this article were to determine methods of receipt of fixed asset objects by the organization in the most reliable, fully and precisely way, to competently display registration of these transactions on bookkeeping accounts and also to authentically determine the documents confirming such transactions in business and tax accounting. The purpose of this work is identification of special aspects of accounting and tax treatment of asset acquisition.

Methodology During the conducted research such methods as description, classification and analysis have been employed.

Conclusion Expansion of a professional outlook in the sphere of accounting and tax treatment of asset acquisition has become a result of this work.

Keywords: asset acquisition, financial accounting, tax treatment.

Abstract.

The article deals with the basic rules of the accounting and recognition of the income generation and costing in Russian and international practices of the accounting. The main concepts have been described, classification has been given and the comparative analysis has been carried out. Both distinctions and similarities between national and international systems of the accounting allowing to draw a conclusion on the fact that there are several very important differencies between these approaches leading to distinctions in financial statements have been revealed.

Keywords: accounting, RAS, IFRS, income, costs, comparison study, classification, recognition criteria

Abstract.

Importance Russian accounting made a decisive step to the convergence with IFRS after the entry into force of the Federal Law № 402 “On Accountancy”. One of the key changes was the commitment to reflect in the accounting contingent estimates of the organization. This article deals with the problem of the influence of professional judgment on the formation of contingent liabilities.

Objectives The goal of this paper was to analyze the problem of subjective reflecting of contingent estimates and risk of the reporting distortion. To achieve the goal, the following tasks have been performed: characteristics of the estimates have been given, the main purpose of contingent provisions due to the related to the problem normative documents has been explained, the relationships between contingent estimates and subjective opinion of the accountant have been described and some solutions to the problem of subjective reflection in accounting and reporting have been proposed.

Methods During the conducted research such methods as description, classification and analysis have been employed.

Results. The result of this work was a large-scale study of the formation of contingent liabilities in accounting and reporting with the identification of the problem of proper reflection of the mentioned liabilities and formulation of the solutions to the abovementioned problem.

Conclusions and Relevance Within the conducted research the basic principles of contingent liabilities reflection have been defined, the main problems associated with the factor of subjective opinion of an accountant have been studied and solutions to the problem of subjective reflection have been proposed.

Keywords: IFRS, contingent liabilities, assessment of the accountant, provisions.

Abstract

Borrowing and credit costs accounting could be called a current problem for active accountants in the modern world. In particular, this problem refers to financiers working in the Russian Federation as a country recently introduced a list of organizations that are required to maintain financial accounting records in accordance with the International financial reporting standards. This article examines the similarities and differences between the Russian Acoounting Standards introduced by the Order of the Ministry of Finance of Russia dated 06.10.2008 N 107n (ed. from 06.04.2015) “On approval of Provisions on accounting “Accounting of expenses under loans and credits” (RSA 15/2008)” and the document IAS 23 “Borrowing Costs”.

Importance The article deals with the special aspects of borrowing and credit costs accounting in the light of IAS and RAS.

Objectives Clarification of the similarities and differences of RAS and IFRS provisions regulating the costs of loans and credits Keywords: Accounting, costs, credits, loans

JEL classification: M41

Abstract

This article is devoted to the problems related to disclosure of related parties. The mail goal of the article is to study and analyze of key issues and problems arising from disclosure of such information. The rationale of the article is based on the fact that the concentration of disclosure information about persons who have a real opportunity to influence and to affect the results of the company promotes formation of the most complete and accurate information for preparation of financial statements for users. During the conducted research such methods as description, classification and analysis have been employed. The result of the research is the systematization of information about related parties, their structure and criteria for recognition an entity as a related party as well as identification of main problems arising from the necessary disclosures in this area.

Keywords: interest persons, related parties, financial reporting, structure of accounting information, international financial reporting standards

JEL classification: M41

Abstract.

Implementation of IFRS in Russia appears to become one of the key tasks for optimization of the national accounting system being incorporated with the standards of international norms. In order to solve this task successfully western experience is being adopted, the appropriate regulations have been already passed and relevant scientific papers have been published. However the IFRS introduction requires meaningful approaches, which will allow not only to learn from the best western practices, but also to preserve the national identity of the company.

Keywords: IFRS, RAS, integration, accounting system, situation, the problem of implementation.

Abstract

Simplified tax system refers to the special tax regimes which are applicable on the whole territory of the Russian Federation. The introduction of such a regime has been intended to promote the development of small business in Russia, so the consideration of this matter appers to be an urgent problem nowadays. Within the following research the economic and legal regulation of the simplified tax system as a special tax regime has been analyzed. The special attention was paid to differences in accounting and taxation under the simplified system of taxation. Among that the recent changes in legislation regulating the taxes and fees and the simplified system have been analyzed, the innovations have been estimated and the results concerning the development of the studied tax regime have been summed up.

Keywords: STS, a special tax regime, tax benefits, the object of taxation, accounting financial statements, financial and tax accounting, accounting policy, small and medium business, accounting of income generation and costing in the organization.

Abstract.

The conventional issues of electronic document management in Russian Federation have been considered in this article. The conducted analysis has shown the presence of “weak points” in the system of legislative regulation of implementation of electronic documentation system in the national practice. By usage of such scientific methods as induction, deduction and comparative analysis, the author has identified a number of issues that are being faced by organizations applying electronic documents and using special verification tools.

Keywords: electronic document management, electronic signature, the legislative framework, E-government

JEL classification: A30