Information Component of Competitiveness Recovery of Russian Small and Medium Enterprises

Abstract

The paper considers the problems of competitiveness recovery of small and medium enterprises (SMEs). As a tool to solve these problems we propose to use the International financial reporting standards (IFRS) for SMEs. It is also shown that application of the given standards by the Russian SMEs will allow them to create the high-quality information basis. Such information is characterized with demanded completeness of financial position and results of a company business. Also, we analyzed the basic differences between IFRS for SMEs from «full IFRS» and named the basic advantages of application IFRS for SMEs. We also consider prospects and difficulties of adoption of the given standards in Russia.

Keywords

International Financial Reporting Standards / IFRS / the reporting / the small and medium enterprises / SMEs / standards / competitiveness

References

[1] Бикина Ю.В. МСФО для малых и средних предприятий // Корпоративная финансовая отчетность. Международные стандарты. - 2009. - № 8 (36)

[2] Международные стандарты финансовой отчетности 2007: издание на русском языке. - М.: Аскери-АССА, 2008

[3] Международный стандарт финансовой отчетности для малых и средних предприятий (МСФО для МСП) URL: http://go.iasb.org/IFRSforSMEs

[4] «МСФО для МСП - резюме проекта» от 9 мая 2009 г. п. 30 (IFRS for SMEs - Project Summary)

RIGHTS & PERMISSIONS

Rognova O.V., Igumnov V.M., Goncharova A.A.