Open AccessBusiness valuation based on RAS and IFRS
Author(s) -
M. N. Kaloshina
Publication year - 2020
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1515/3/032005
Subject(s) - valuation (finance) , international financial reporting standards , business , accounting , historical cost , fixed asset , finance , fair value , economics , production (economics) , macroeconomics
International integration of Russian airlines involves the financial statements formation both in the Russian Accounting Standards (RAS) and in the International Financial Reporting Standards (IFRS). Financial reporting is an information basis for carrying out valuation activities. The article proposes for Russian and foreign air carriers the business valuation principles, which are based on the synergistic effect of applying economic indicators of financial statements (fixed assets cost, intangible assets, financial investments, etc.) considering RAS and IFRS.