The impact of the assessment of financial instruments reflected in the reporting of the organization with account for the factor of the current time on the maintenance of its own capital
https://doi.org/10.32324/2412-8945-2023-1-17-27
Abstract
The article notes the influence of business models, which are used, according to the International Financial Reporting Standard, to manage financial resources, and on the basis of which there is a choice of evaluation of financial instruments, on the formation of the organization's financial statements. The correction of the accounting balance sheet taking into account the factor of current time for more accurate assessment of the financial condition of the organization is given in the work, the possibility of modification of the report on the financial results is commented. It is concluded that the revaluation of financial instruments and the correction of articles reflecting them in the financial statements of the organization, and allows to eliminate the risks associated with the current factor of time affecting the maintenance of capital, and to control the reliability of the financial result as a paramount condition of its provision.
About the Authors
O. G. Zhitluhina
Far Eastern Federal University
Russian Federation
Russian Federation
Olga G. Zhitluhina — Doctor of Economics, professor, Department of finance
Vladivostok
A. E. Djafarova
Far Eastern Federal University
Russian Federation
Russian Federation
Anna E. Djafarova — Assistant, Department of finance
Vladivostok
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Review
For citations:
Zhitluhina O.G., Djafarova A.E. The impact of the assessment of financial instruments reflected in the reporting of the organization with account for the factor of the current time on the maintenance of its own capital. Territory Development. 2023;(1 (31)):17-27. (In Russ.) https://doi.org/10.32324/2412-8945-2023-1-17-27
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