Present Development Practices for Tax, Financial and Statistical Reporting in the Russian Federation
A.M. Petrov1, N.P. Kiseleva2, Z.A. Kevorkova3, L.A. Melnikova4, I.G. Yshanov5
1A.M. Petrov, Doctor of Economic Sciences (Advanced Doctor), Professor of the Accounting, Analysis and Audit Department of the Financial University under the Government of the Russian Federation, Moscow, Russia.
2N.P. Kiseleva, Doctor of Economic Sciences (Advanced Doctor), Professor of the Accounting, Analysis and Audit Department of the Financial University under the Government of the Russian Federation, Moscow, Russia.
3Z.A. Kevorkova, Doctor of Economic Sciences (Advanced Doctor), Professor of the Accounting, Analysis and Audit Department of the Financial University under the Government of the Russian Federation, Moscow, Russia.
4L.A. Melnikova, Ph.D., associate professor of the Accounting, Analysis and Audit Department of the Financial University under the Government of the Russian Federation, Moscow, Russia.
5Igor G. Yshanov, Ph.D., associate professor of the Accounting, Analysis and Audit Department of the Financial University under the Government of the Russian Federation, Moscow, Russia.
Manuscript received on September 11, 2019. | Revised Manuscript received on 24 September, 2019. | Manuscript published on October 10, 2019. | PP: 3538-3542 | Volume-8 Issue-12, October 2019. | Retrieval Number: L26261081219/2019©BEIESP | DOI: 10.35940/ijitee.L2626.1081219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Financial, statistical and tax reporting is of prime importance in today’s world. All the economic entities are obliged to disclose their operating performance and pay taxes established by the law. Currently financial and statistical reporting serves to address these objectives, as it pertains to disclosure of the financial performance of an economic entity while tax reporting is intended to control the tax base calculation and, respectively, the tax subject to transfer to the budget [4, 7, 10, 14]. Regulatory authorities use tax reporting to determine if the tax calculation is correct. Reporting purposes used to change over time, thus their current intended purpose is not consistent with the initial ones. The article analyzes the development evolution of the tax, financial and statistical reporting and its regulatory control in these days.
Keywords: Evolution, Accounting, Reporting, Regulatory Control, Development.
Scope of the Article: Industrial, Financial and Scientific Applications of All Kind