PERBANDINGAN PRAKTIK AKUNTANSI INDONESIA DAN RUSIA

Abstract

The ever-developing economy requires that the state has the application of good accounting practices to produce good and clear financial reports. Each country has different accounting practices by the following policy standards and accounting guidelines in their own country. Different practices may be due to legal factors, fiscal and tax policies, economic factors, cultural factors, and historical differences in accounting in each country. Therefore the author wishes to make a comparison of existing accounting practices in Indonesia and Russia with a qualitative collection method through reliable sources. That concluded that accounting practices in Indonesia and Russia, although both adopt IFRS as a guideline in the preparation of Indonesian PSAK and Russian RAS, after research it is proved that there are still differences between accounting practices in Indonesia and Russia in recognizing, presenting, and recording transactions in financial statements. Companies doing business in Indonesia and Russia must understand these differences to ensure the recording of inventory transactions and presentation of their financial statements complies with the legal and accounting requirements applicable in each country.