Statistical methods for analyzing financial statements of Russian organizations in the context of IFRS implementation

In the context of the transition to international financial reporting standards (hereinafter - IFRS), issues of bringing Russian financial statements closer to an international format are of relevance. In order to develop Russian reporting adapted to the new requirements of the format, the authors have conducted polls of the accounting services of large, medium and small business organizations about the desirability of including the indicators from the minimum list of international reporting articles in their reports. Based on the methods used by the Institute of Statistics in the study of Russian financial statements methods of selective observation, questioning, methods of processing the data obtained, namely, calculating the proportion of reporting indicators using the A. Salai and V. Ryabtsev index, the authors justify the inclusion in the Russian financial reporting a series of indicators proposed by IFRS. The results of the study can be used in the transformation of statements, as well as in the construction of consolidated financial statements generated in Russia in accordance with the requirements of IFRS.peer-reviewe

National banking systems of Russia and Germany in conditions of macroeconomic instability: state analysis and development trends

In the modern world the credit institutions importance has gone beyond monetary and credit relations. They act as institutions on a par with the state and the market. It is impossible to imagine a rational organization of economic activity on a national scale without banks. Systemically important banks can be turned into a market element, an instrument of effective state policy, with effective and productive use. Weak credit institutions act as a factor of economic degradation. Therefore, the banking system, by accumulating and distributing cash, plays an important role in the economy of any country. Crisis phenomens and the unfavorable macroeconomic situation have a negative impact on the country's economy. Instruments, that support and stimulate the banking system, is played an important role. In this case, it is necessary to take into account the individual characteristics of a particular country, applying this or that mechanism of anti-crisis regulation. In the article, based on official statistical data published by the Russian Bank and the Bundesbank, the analysis of the banking systems state in Russia and Germany was made on the basis of an assessment of key indicators of banking activity in 2007–2016, including: the assets of credit institutions, the own funds of credit institutions, and the volume of loans issued. As a result of the analysis of the Russian and German national banking systems state in conditions of economic instability, it was revealed that the measures applied by the governments of countries are only half measures, which do not give sufficient effect. Besides that the state of the banking systems of the two countries is quite unstable. However the governments of Russia and Germany are struggling with the negative crisis phenomena (currency instability, decline in investment flow, etc.) and continue improving the current anti-crisis policy and developing new measures for support the banking system