@article{MAKHILLJEAS201813315498,
    title = {Challenges of the Practical Application of International Accounting Standard on
Property, Plant and Equipment by Russian Companies},
    journal = {Journal of Engineering and Applied Sciences},
    volume = {13},
    number = {3},
    pages = {569-574},
    year = {2018},
    issn = {1816-949x},
    doi = {jeasci.2018.569.574},
    url = {https://makhillpublications.co/view-article.php?issn=1816-949x&doi=jeasci.2018.569.574},
    author = {L.I.,T.U. and},
    keywords = {Property,plant,equipment,fair value,cost model,revaluation model,impairment of assets,depreciation,measurement,accounting},
    abstract = {This study examines the problems of application of regulations of International Accounting
Standards (IAS) on property, plant and equipment in the Russian practice. The researchers reviewed the
consolidated financial statements of 40 largest Russian companies of non-financial sector, reported for
2013-2015. As a result, the most common options for property, plant and equipment accounting under IAS,
chosen by the majority of Russian companies were revealed. Also, the main problems arising from the
acceptance and subsequent accounting of property, plant and equipment according to IAS in the Russian
practice are defined in the study. The researchers have proved proposals for addressing the identified problems.}
    }