 Current state of regulatory regulation of accounting (financial) reporting: problems and prospects for development and improvementN. A. Lazareva () Scientific notes of the Russian academy of entrepreneurship, 2024, vol. 22, issue 4 Abstract: The regulatory framework plays the main role in the system of efficient organization and competent accounting, as well as in the formation of financial statements that meet the needs of management, the requirements of regulatory bodies and other interested parties. In this article, a detailed study of the current state of regulatory regulation of the formation of financial statements was carried out, the most important problems affecting the process of development and improvement of legal regulation of the compilation, verification and co–treatment of the interests of specific groups of users were identified, a system of local regulations (standards) was proposed, regulating the development of internal regulations and accounting standards and the formation of financial and non7financial reporting. The importance and relevance of the study is determined by the fact that the development of an effective regulatory framework should be based on the disclosure of financial statements in all material aspects, which can subsequently stimulate the companies to increase business transparency. The results of the study can be used by management structures to build effective economic policies. Date: 2024 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cvt:journl:y:2024:id:936 DOI: 10.24182/2073-6258-2023-22-4-56-64 Access Statistics for this article More articles in Scientific notes of the Russian academy of entrepreneurship from JSC “Publishing Agency “Science and Education†|
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