Name
Nastenko Denis Andreevich
Scholastic degree
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Academic rank
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Honorary rank
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Organization, job position
Kuban State Agrarian University
Web site url
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Articles count: 1
In the article, we reveal functions and value of consolidation
of the reporting. The review of approaches to allocation
of stages and procedure of formation of the consolidated
financial statements of group of the companies is
submitted. We have also revealed the conditions of effective
and reliable consolidation. Need of application of
IFRS for obtaining authentic information in the consolidated
reporting is proved. Need of creation of uniform
system of the account and reporting, application of uniform
accounting policies for group of companies is emphasized.
Recommendations about drawing up such accounting
policies are made. For this purpose, we recommend
to develop uniform methodology of maintaining
the account for groups of companies. Components of
uniform methodology of maintaining the account and requirements
imposed to it were revealed as well. Options
of transformation of the accounting reports made under
RAS in the reporting under IFRS are considered, the
choice of model of formation of the reporting according
to IFRS is proved. The structure of formation of a unified
plan of accounts for group of companies, but separate
for RAS and IFRS is presented. It has been proved,
that application of separate books of accounts allows carrying
out transformation procedures more quickly, qualitatively,
with high degree of analyticity. The article also
offers a group of accounts on sections of a unified plan
of accounts for the account on IFRS