Библиографическое описание:
Buhayeu, A. Comparison of provisions and contingencies accounting and reporting under ifrs, US GAAP and Belarus GAAP / A. Buhayeu // Education and science in the 21st century : articles of the International Scientific and Practical Conference, October 27, 2016 / Vitebsk State Technological University. - Vitebsk, 2016. - P. 49-52.
Аннотация:
In this paper we will discuss where the accounting of provisions and
contingencies under IFRS, US GAAP and Belarus GAAP are similar and where
differences exist. We want to underline the fact that the three sets of standards are
generally more alike than different for commonly encountered provisions and
contingencies transactions. This is connected with such fact that IFRS being largely,
but not entirely, grounded in the same basic principles as US GAAP, and Belarus
GAAP began to be largely grounded in the same basic principles as IFRS.
