International financial reporting standards: purpose, principles and implementation in Russian companies

The relevance of the topic of this article is determined by the fact that the preparation and maintenance of financial statements is an integral part of the activities of enterprises. The article outlines the purpose and main principles of international financial reporting standards, presents a comparison of IFRS with the provisions of accounting in Russian organizations (PBU), as well as the positive and negative factors associated with the implementation of IFRS in Russian enterprises.