Abstract
Reserves perform a set of functions related to risk insurance, regulation of financial results, evaluation of objects of accounting. On the one hand, this fact points to the exceptional importance of reserves accumulation as an instrument for covering risks ex ante inherent in the financial and economic life of an organization. On the other hand, it points to the need to draw a clear line between reserves which directly strengthen the financial state of the organization, and regulations that perform this function indirectly, by clarifying the evaluation of objects of accounting. Moreover, in the context of a variety of valuation methods inherent in modern accounting, reserves act as a link between historical value and market valuations, the crown of which is the fair value.
The authors examine the impact of reserves and regulations on the formation of financial reporting indicators in the context of digital economy. The authors’ own view on approaches to reporting in Russian companies in the context of the active use of reserves accumulation with an assessment of the impact on the financial situation of the companies is proposed.
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Tkhagapso, R., Trukhina, A., Khatkhokhu, S. (2020). Development of Methodology of Valuation Reserves Information Disclosure of Russian Companies in Terms of Digital Economy. In: Antipova, T., Rocha, Á. (eds) Digital Science 2019. DSIC 2019. Advances in Intelligent Systems and Computing, vol 1114. Springer, Cham. https://doi.org/10.1007/978-3-030-37737-3_6
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DOI: https://doi.org/10.1007/978-3-030-37737-3_6
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