Application of IAS 19 Employee Remuneration in Domestic Accounting Practice

Author:

Livanova R. V.1,Markina Y. A.1

Affiliation:

1. Timiryazev Moscow state agricultural Academy

Abstract

The key definitions of IAS 19 “Employee Benefits” are given and the interpretation of the provisions of the standard in relation to domestic accounting practice is presented. Proposals have been put forward for reorganizing the wage system and introducing into the practice of domestic companies the principles of forming workers’ retirement benefits. Formation of a pension system that would provide social guarantees to employees at the onset of retirement age.

Publisher

PANORAMA Publishing House

Subject

General Engineering

Reference5 articles.

1. International Financial Reporting Standard (IAS) 19 “Employee Benefits”. [Electronic resource]. Access mode: http://minfin.ru/ru/perfomance/accounting

2. Khoruzhy, L. I. International financial Reporting standards. Khoruzhy L. I.: textbook. — M.: Publishing House “Scientific consultant”, 2018. — 290 p.

3. Order of the Ministry of Finance of the Russian Federation of 06.10.2008 N 106n (ed. of 07.02.2020) “On approval of the regulations on accounting” (together with the “Regulations on accounting” Accounting policy of the organization” (PBU 1/2008)”, “Regulations on accounting” Changes in estimated values” (PBU 21/2008)”) [Electronic resource]. Access mode: http:// https://www.consultant.ru/

4. Myrksina Yu. A. Questions of accounting of remuneration to employees / In the collection: Actual problems of accounting, audit and taxation at the present stage of development of the Russian economy. 2014. p. 216–219.

5. Livanova R. V., Bachaeva A. Kh. The main aspects of the introduction of electronic document management in the organization.

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