Keyword: «employee benefits»

The article deals with the issue of transition of Russian companies to international financial reporting standards, which is very important and widly-discussed. IFRS is considered to be one of the main tools to ensure the transparency of information on company’s financial state for a wide range of market participants, including foreign ones.

The article represents a comparative analysis of the approaches of the Russian and international financial reporting standards and pay-for-performance operational plans for employees. There were identified the fundamental differences of Russian standards to IFRS concerning pension benefit payments to employees.