Cash flow statement on Russian and international standards: what's the difference?

P. 250–264.

Shtefan M. A., Kovina A. K.

Reforming of the Russian accounting system to the international standards has advanced necessity of transformation of the accounting (financial) statements of domestic companies. However, lack of uniform methods of the transformation and proper software doesn't allow preparing the clear and transparent information, which is the cause of ambiguities outwardly of like financial performance with the same name. As a result the transformed reporting practically is not comparable to the original source, its users are deprived possibility of the analysis of the received divergences. In this regard it is necessary to understand the economic content of reporting data, generated in accordance with various rules of accounting. In this paper, this issue is addressed by the example of cash flow statement.

Keywords: инвестиционная деятельность, бухгалтерская (финансовая) отчетность, денежные средства, эквиваленты денежных средств, потоки денежных средств, текущая деятельность, финансовая деятельность, отчет о движении денежных средств

In book

History of accounting, business administration doctrines and development of new methods of management in Italy and Russia, 2011

Milan: Rirea, 2011.