The use of sampling techniques in the development of financial statements that meet the requirements of IFRS

Abstract

The article substantiates the need to develop a new financial reporting format in
the conditions of transition to international financial reporting standards (hereinafter - IFRS)
by economic entities of small, medium and large businesses. The authors conducted a survey
among practicing accountants regarding the feasibility of including in the Russian financial
statements the indicators proposed by IFRS. Using the methods of sampling observation,
questioning, methods of processing the obtained data, namely, calculating the proportion of
reporting indicators using the A. Salai and V. Ryabtsev index, the authors substantiate the
feasibility of including in the Russian financial statements a number of reporting indicators
that meet modern international standardization and standardization requirements. The
results of this study can be applied in the convergence of Russian financial statements with
IFRS, in particular, in its consolidation and transformation into an international format.