Accounting for income and expenses in Russia and France: comparative aspect

The formation of information about the income and expenses of an economic entity is a key component of the accounting process, since it determines the financial result of its activities. The order of systematization of data in accounting for the purpose of determining profit or loss based on a comparison of income and expenses has, however, certain features in different countries based on the rules established by national standards. The article uses a comparison method to study the order of systematization of data on accounting accounts according to the standards of the Russian Federation and France, and presents conclusions about similar rules and differences.