Features of accounting in small organizations at transition to IFRS

The article discusses the features of accounting when switching to IFRS by small organizations. Today, the development of accounting in accordance with IFRS is an important factor for the successful development of small businesses. Financing small businesses is not widespread and not interesting for investors, since large and medium-sized businesses are more attractive in receiving dividends in a short time, which does not work in favor of small businesses, where profit is possible only after a long period of time. One of the opportunities for the development of small business in Russia is the use of financing at the international level, the possibility of obtaining international tenders and loans. However, one of the important conditions for financing is the compliance of the financial statements of organizations with international standards.