Year of Graduation
Accounting and Audit of Employee Benefits According to Russian and International Standards
It is of great significance for the company’s profitable operation and the employees’ high living standards to obtain the efficient employees benefits system in the organization. The problem - solving tools should be fixed in the legislative acts and have to be reflected in the accounting reports. In the Russian Federation, unlike the international practice, it is not provided; hence, this research is aimed at the methodological recommendations developing regarding the employees’ benefits accounting and audit according to Russian standards, based on the international experience. This study consists of three chapters: the first one reveals the main theoretical provisions on employees’ benefits accounting and audit with the help of the comparative analysis method. It is necessary to identify distinctions between Russian and international approaches and then to improve the accounting and audit legal acts in Russia. The second chapter highlights the empirical accounting employees’ benefits data using an example of PJSC Gazprom. The accounting method allowed to identify what is the way to account the employees’ benefits in the company in accordance with its’ accounting elements. The third chapter demonstrates the audit process on an example of the Group. The modeling method helped to build and study the real-world object model (PJSC Gazprom), and the factor analysis gave the opportunity to make it possible to evaluate the influence factors on the resulting indicator. The created recommendations can become a regulatory and legal Russia framework basis in terms of the employees’ benefits accounting and audit processes. These developments will improve the employees’ benefits accounting and audit systems in companies; in particular, in the organizations that have financial reports similar to those of PJSC Gazprom.