The article discusses approaches to the definition of tax regulation, tax benefits and preferences as part of the tax regulation system. The impact of tax benefits and preferences on the development of small business organizations in modern conditions is becoming strategic – purposeful and long-term, which requires the development of solutions in the field of tax regulation and legal support of tax benefits and preferences, allowing to implement these strategic aspects.

In modern conditions, Russian accounting is increasingly oriented to international standards. Accounting for leasing relations is also subject to changes that are associated with the transition of Russian accounting to international financial reporting standards (IFRS). In 2016, a new standard was approved for accounting for leases in public sector organizations - the SPS “Leases” (entered into force on January 1, 2018). For other organizations, on October 16, 2018, FAS 25 “Lease accounting” was approved. This standard introduces the type of asset - the right to lease, which represents a new format for accounting methodological documents. The purpose of the study is to consider the features of the application of FAS 25 “Lease accounting” based on the new IFRS 16 “Leases” in accounting for operating leases of Russian organizations. The authors consider the lease relations of economic entities of the Russian economy using the example of pharmacy organizations, in particular, the main aspects of FAS 25, the procedure for accounting for operating leases from the perspective of a lessee and lessor, features of accounting for sublease, leaseback, lease on special terms, as well as disclosure of lease information in accounting (financial) statements. The methodological basis of the study consisted of elements of the accounting method (system of accounts, double entry book-keeping, reporting) and tools of economic analysis (method of comparison, absolute and relative values, tabular and graphical representations of data, coefficient method). As a result of the study, an operating lease accounting mechanism was proposed, which reflects the specifics of pharmacy organizations.

The proposed article discusses the controversial issues that have arisen in the accounting community since the beginning of its, while some experts suggest completely abandoning inventory accounting under FSB 5/2019, which is an analogue of IFRS, others, on the contrary, consider it necessary to continue reforming the Russian accounting and reporting system based on IFRS.

The article discusses the innovations in the application of the domestic standard for accounting for re-serves and their control, which entered into force on 01.01.2021. Issues related to the use of this standard in the activities of organizations are investigated, the practical implementation of the FSBU 5/2019 requirement on the assessment of reserves after their recognition, which boils down to determining the value at which the reserves will be reflected in the accounting (financial) statements.

No abstract