Procedura przekształcania pozycji sprawozdania finansowego zgodnie z Międzynarodowym Standardem Rachunkowości 29 „Sprawozdawczość Finansowa w Warunkac
Adjustment procedure of financial statements indicators in accordance with IAS 29 ”Financial Reporting in Hyperinflationary Economies”

Summary/Abstract: Inflation in the Republic of Belarus remains one of the highest in Europe. A number of national rules and regulations in the current Belarusian legislation and accounting methodology are designed today to envisage and reduce the harmful effects of inflation on the economy. The article investigates the methods of adjustment of financial statements indicators in terms of inflation. On the base of IAS 29 ”Financial Reporting in Hyperinflationary Economies”, IAS 21 ”The Effects of Changes in Foreign Exchange Rates”, etc. the analysis of direction of adjustments, methods of adjustment, calculation of inflation rate, monetary and non-monetary indicators classification and determination of the net monetary position, and adjustment procedure are determined in the present article.

• Details
• Contents