Impact of Introduction of IFRS in Russia on Tourism Industry Case: Aeroflot and Russian Railways
Kondratov, Vladislav (2014)
Kondratov, Vladislav
Kajaanin ammattikorkeakoulu
2014
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2014111115483
https://urn.fi/URN:NBN:fi:amk-2014111115483
Tiivistelmä
The purpose of writing this thesis is to analyse how the introduction of IFRS could affect Russian tourism industry. Globalization, increased cross-border capital flows and the growing number of foreign direct investments created the necessity of the common international language. The International Financial Reporting Standards were created to serve this need. Russian among number of other countries is in in a process of adopting IFRS, however, the changes which would be brought by adopting IFRS would have a long-term economic effect.
The thesis is based on internet research about the theoretical differences between IFRS and Russian Accounting Standards (RAS) and the financial analyses of reports prepared under IFRS and RAS to find the potential effects of adaptation of IFRS in Russia. The research also covers the exiting barriers for tourism development in Russia and analyse the effect of introduction of IFRS on tourism industry in particular.
The thesis was completed in august 2014 and resulted in:
the research of existing differences between IFRS and RAS
the research of existing barriers for the development of tourism industry in Russia
the analysis of potential effect of introduction of IFRS on Russian economy in general
the analysis of potential effect of introduction of IFRS on Russian tourism industry in particular
The thesis is based on internet research about the theoretical differences between IFRS and Russian Accounting Standards (RAS) and the financial analyses of reports prepared under IFRS and RAS to find the potential effects of adaptation of IFRS in Russia. The research also covers the exiting barriers for tourism development in Russia and analyse the effect of introduction of IFRS on tourism industry in particular.
The thesis was completed in august 2014 and resulted in:
the research of existing differences between IFRS and RAS
the research of existing barriers for the development of tourism industry in Russia
the analysis of potential effect of introduction of IFRS on Russian economy in general
the analysis of potential effect of introduction of IFRS on Russian tourism industry in particular