Comparative analysis of accounting and tax accounting systems in Russia and China: prospects for integration

The article examines the specifics of the Russian and Chinese accounting and tax accounting systems. The analysis of the current legislative and theoretical framework has been carried out, on the basis of which the key economic content of accounting and tax accounting in both states considered in the course of the study has been formed, as well as a comparative analysis has been carried out, during which fundamental similarities and differences in national accounting systems have been identified. The problems of the current principle of implementing the Russian variation of separate accounting and tax accounting, as well as the advantages of the Chinese implementation option, are revealed. The author’s recommendations on the implementation of a unified accounting system in Russian practice based on Chinese accounting experience have been developed. The relevant conclusions about the prospects and expediency of implementing the proposed event are formulated.