Current issues in calculating the discount rate in Russian and foreign accounting

Abstract

Thanks to the new Federal Accounting Standards (FAS), in Russian accounting it is increasingly necessary to determine the present value, which in turn is impossible without calculating the discount rate. The active use of the indicated value and rate is also expected in the IFRS system. At the same time, our research has shown that the calculation of the discount rate is associated with a number of complex issues in both Russian and foreign accounting. These questions are analyzed in this article. When carrying out research, methods such as analysis and synthesis, grouping method, comparison, analogy method, logical approach, systematic approach were used. As a result of the research, this paper presents the author’s view on current issues of calculating the discount rate in Russian and foreign accounting. The results obtained in this article will be useful to a wide range of readers interested in modern problems of Russian and international accounting. In addition, the results presented in this work can be used in the educational process of higher educational institutions, in the practical work of accounting departments, as well as in the development and improvement of relevant domestic and foreign regulatory documents on accounting.