THE PRINCIPLE OF CONTINUITY IN INTERNATIONAL AND NATIONAL SYSTEMS OF ACCOUNTING AND REPORTING

Author(s): Doronina Farida Khametovna

Rubric: Globalistics

Release: 2015-1 (12)

Pages: 107-113

Keywords: Conceptual framework for financial reporting, investors, financial reporting, business con-tinuity, the principle of materiality, risks

Annotation: The article presents the results of a comparative analysis of the implementation of one of the basic concepts of accounting: the principle of continuity in national and international financial reporting standards. Compilation of Russian statements on a different basis if the company does not meet the requirement of continuity of operations, and disclosures in the consolidated financial statements of significant uncertainty further opportunities for the company to continue its activities will contribute to the convergence of international and national accounting systems and improve the quality of accounting information. The results of the analysis can be used in the process of developing and implementing a national Conceptual framework for financial reporting and Federal standards

Bibliography: Doronina FA.KH. THE PRINCIPLE OF CONTINUITY IN INTERNATIONAL AND NATIONAL SYSTEMS OF ACCOUNTING AND REPORTING // Economics and Management. – 2015. – № 1 (12). – С. 107-113. doi: