The features of transformation report on financial results in accordance with IFRS

The article considers the peculiarities of the procedure of transformation to the format of IFRS (IFRS) statement of financial results, tailored to the requirements of the Russian accounting standards. The main focus during the procedure of transformation is given to the classification of items of income and expenses. The article provides comparative characteristics of the indicators presented in the Russian format of the report on financial results and linear articles regulated by IFRS (IFRS), describes the main procedures of transformation of financial statements and issues arising in their implementation.