Issues of bringing reporting on financial results in compliance with international standards

This article is devoted to the consideration of issues related to the reflection of financial results of economic activities, in particular, income, expenditures, profit and loss in the international financial reporting standards. This issue has been investigated as a case-study of the requirement of the international standards. In addition, the article presents improved form of the reporting of financial results on the basis of the requirements of international standards, which has been developed by the author.