Interfacing the appraisal institution with accounting in Russia

The article defines the stages of development of the institution of valuation associated with the evolution of the national accounting system. The relationship between accounting and valuation activities in Russia is shown. The author substantiates that the adoption of new federal accounting standards in Russia brings them closer to international financial reporting standards, which increases the role of valuation activities, and the possibility of reflecting the organization’s assets in the balance sheet at real fair value helps to increase the objectivity of Russian accounting.