Differences in the methodology of accounting for reserves according to RAP and IFRS

This article is devoted to the study of differences in the methodology of accounting for provisions formed at enterprises, according to Russian and international accounting and reporting standards. The author considers the basic concepts defined by the accounting standards of provisions, as well as the conditions for the formation of estimated liabilities. The article defines the main aspects of compliance with Russian and international accounting standards. As a result of the conducted research, the problems of reservation in Russian practice have been identified and the causes of their occurrence have been determined.