PARTNERSHIP FINANCE: PARTICIPANTS, MECHANISM, REFLECTION OF OPERATIONS IN ACCOUNTING OF ECONOMIC ENTITIES

Author(s): Zueva I.A.

Rubric: Economy

DOI: 10.21777/2587-554X-2024-3-31-43

Release: 2024-3 (50)

Pages: 31-43

Keywords: partnership financing, partnership activities, subjects of partnership operations, financial instruments, accounting of partnership operations, accounting of business entities, financial mechanisms

Annotation: The article examines the issues of modern development in Russia of investment models and instruments aimed at investors with an Eastern mentality, the so-called partnership financing. Attention is drawn to the need for the development and implementation of such financial instruments, with their regulation taking into account the turn of the Russian economy to the East. The article notes that each such implemented financial mechanism and instrument must comply with the Eastern mentality and traditions. The study provides an analysis of the mechanism introduced in Russia in 2023 as an experiment in a number of South-Eastern regions of the country to introduce the practice of partnership activities. The analysis of the subjects of this experiment, the legally adopted mechanism of its functioning and the regulatory framework, the types of financial instruments (operations) introduced in this case are presented. Particular attention is paid to the application of rules and accounting standards when reflecting these partnership financing transactions among economic participants in the experiment. As a result, conclusions are made about the need to expand such an experiment, as the practice of conducting partnership activities accumulates, and the need for a clearer definition and regulation of accounting issues for partnership operations.

Bibliography: Zueva I.A. PARTNERSHIP FINANCE: PARTICIPANTS, MECHANISM, REFLECTION OF OPERATIONS IN ACCOUNTING OF ECONOMIC ENTITIES // Economics and Management. – 2024. – № 3 (50). – С. 31-43. doi: 10.21777/2587-554X-2024-3-31-43