Библиографическое описание:
Buhayeu, A. Comparison of foreign currency matters 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. 56-59.
Аннотация:
In this paper we will discuss where the accounting standards (IFRS, US
GAAP and Belarus GAAP comparison) are similar and where differences exist in
connection with foreign currency exchange rate accounting and its presentation in
financial reporting. We want to underline the fact that the three sets of standards are
generally more alike than different for commonly encountered transactions in foreign
currency. 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.
