The article is devoted to the assessment of problems and methods of accounting and tax accounting of financial results. Accounting and tax accounting of financial results is an important part of economic activity. The relevance of the topic lies in the fact that due to constant changes in legislation and in the economy, it is necessary to revise the methods of accounting for financial results in the organization and identify current problems and inconsistencies, otherwise it may threaten the bankruptcy of the company or penalties from the tax. Information about financial results gives a general idea of the effectiveness of the organization. The more accurate this information is, and information in modern times is the most valuable resource, the better for the organization.
 The methods of accounting and tax accounting of financial results in an organization affect the accuracy and reliability of accounting statements, as well as form the tax burden, including income tax. Errors in accounting and tax accounting can significantly increase expenses and the amount of taxes paid. Also, errors can lead to an unplanned tax audit.
 Analytical work has been carried out in the organization under study to find factors affecting reliable and effective accounting of financial results, and their own ways of solving problems have been proposed.