ГЛОБАЛЬНЫЕ СТАНДАРТЫ ФИНАНСОВОГО УЧЕТА, ПОСТРОЕННОГО НА ПРИНЦИПАХ И НА ПРАВИЛАХ: ПУТИ И ТЕХНОЛОГИИ СБЛИЖЕНИЯ

Abstract

This article provides an analytical review of the convergence process between International Financial Reporting Standards (IFRS) and the United States Generally Accepted Accounting Principles (US GAAP) in both substantive and chronological aspects. The specifics of principles-based financial accounting standards (IFRS) and rules-based (US GAAP), as well as ways and technologies of convergence are studied. The article shows that various studies have not found that one reporting method is superior to another. However, the difference and inconsistencies in reporting standards between these two global financial accounting standards strongly affect the prospect of adopting a single standard accounting method, primarily in the United States. The developers of both standards are currently working together to create a single and generally accepted financial reporting standard. However, so far there is a reluctance of US public companies to fully apply the accounting method based on general principles and assumptions in their practice.