Published in «Journal of Economics, Entrepreneurship and Law»1 / 2019
DOI: 10.18334/epp.9.1.40685

Islamic accounting as the antecedent of modern accounting model: establishment and development in VII-XII centuries

Archakova-Uzhakhova Milana Bashirovna, The Financial University under the Government of the Russian Federation, Russia

Archakov Ibragim Nazirovich, The Financial University under the Government of the Russian Federation, Russia

Существенные аспекты представления информации о затратах на разведку и оценку полезных ископаемых в финансовой отчетности российских компаний добывающих отраслей - View in Russian

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Abstract:
The article discusses the features of the transformation of the financial statements of Russian companies in the extractive industries to the IFRS format in terms of the presentation of the costs of exploration and evaluation of mineral resources, namely, the peculiarities of applying IFRS 6 in the oil and gas industry. A comparative analysis of the International Financial Reporting Standard (IFRS) 6 «Exploration and evaluation of mineral reserves» and PBU 24/2011 «Accounting for the costs of developing natural resources».

Keywords:

accounting policies, costs of exploration and evaluation, exploration assets, features of the use of IFRS standards, financial statements, IFRS 6, oil and gas industry, the costs of exploration and evaluation of mineral resources, transformation

JEL-Classification: B17, M21, M41, M42

Citation:
Archakova-Uzhakhova M.B., Archakov I.N. (2019). Islamic accounting as the antecedent of modern accounting model: establishment and development in VII-XII centuries [Suschestvennye aspekty predstavleniya informatsii o zatratakh na razvedku i otsenku poleznyh iskopaemyh v finansovoy otchetnosti rossiyskikh kompaniy dobyvayuschikh otrasley]. Journal of Economics, Entrepreneurship and Law, 9(1). (in Russian). – doi: 10.18334/epp.9.1.40685.


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