Manual, Kemerovo, 2004. Globalization of the economy is the most important factor in accelerating the processes of international harmonization of accounting and financial reporting . Principles for the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS), Procedures for the preparation and presentation of financial statements in accordance with IFRS Principles for the accounting of assets in accordance with IFRS Principles for the Accounting of Reserves and Liabilities . Accounting for financial instruments . Accounting for Employee Remuneration and Social Security Costs . Principles of accounting and reporting on the financial performance of the company . Accounting for investments and participation in joint property