PROBLEMS OF ORGANIZING AND MAINTAINING ACCOUNTING IN PROFIT MANAGEMENT OF COMMERCIAL ORGANIZATIONS IN ACCORDANCE WITH IFRS

Abstract: the article describes the main organization and accounting in the management of profit of commercial organizations, taking into account IFRS. The advantages of implementing International financial reporting standards in the organization and accounting processes in commercial organizations in Russia are revealed. Ways to solve the problem of organizing and maintaining accounting in the management of profit of commercial organizations in the aspect of legal ways to reduce tax liabilities with the introduction of IFRS were considered. International financial reporting standards (IFRS) are being actively implemented in Russia. In the process of preparing financial statements of Russian enterprises, a key role is played by profit management processes, as this is the main asset that generates their revenue. In the context of approaching domestic accounting to international and European standards, the processes of accounting in profit management of commercial organizations require special attention, given the existence of various approaches to its implementation. The relevance of the article is due to the fact that there is a need to expand the accounting system as the main source of financial reporting, which is due to the need for modern information support for making effective management decisions in the activities of commercial organizations.

Keywords: management, profit, bookkeeping, accounting, organization

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