Modern problems of accounting in Russia

The transition of Russian organizations to accounting in accordance with international financial reporting standards (hereinafter referred to as IFRS) is still ambiguously assessed by company executives, accountants and accounting experts. Some are convinced that the convergence of Russian accounting practice with international standards will benefit the Russian economy, others that it will only increase the amount of work and material costs. The article deals with the problems of accounting in Russia, which today in most cases are associated precisely with the convergence of Russian accounting with international financial reporting standards. A number of problems associated with the transition to IFRS are highlighted. But the aspects of the introduction of IFRS into the Russian accounting practice were also noted more positively.