Accounting of fixed assets according to international standards

One of the conditions for creating a stable financial infrastructure of organizations of the Russian Federation is an effective, understandable and generally accepted accounting and reporting system, the principles of which can be interpreted and applied continuously. One of the problems is to bring the accounting and reporting system in line with the requirements of international financial reporting standards. In the conditions of the transition of organizations of Russia to the preparation of statements under IFRS, the legislative regulation of accounting in the organizations of Russia turned out to be imperfect and needs to be refined and clarified. In particular, it is necessary to ensure the regulation of the accounting process of operations with fixed assets.