The article was received on December 10, 2020.
Pension provision of employees at retirement age has become more relevant than ever after the entry into force on 01.01.2019 of Federal Law No. 350-FZ "On amendments to certain legislative acts of the Russian Federation on the appointment and payment of pensions" dated 03.10.2018. The retirement age increase was primarily due to a decrease in the number of working people and a reduction in income to the Pension Fund of the Russian Federation. Given the demographic situation in the country and the events of the 2020-2021 pandemic, the forecasts made by economists on citizen pension provision are unpromising.
Perhaps, it is time to reconsider the usual principles of forming pension savings and payments for the employed population. Also, this is facilitated by the transition to international accounting standards in Russia in accordance with the adopted Resolution of the Government of the Russian Federation No. 107 dated 25.02.2011 "On approval of the regulations on the recognition of international financial reporting standards and clarifications of international financial reporting standards for application in the Russian Federation".
The purpose of the study is to propose new approaches to understanding employee benefits and their accounting under the requirements of IAS 19 "Employee Benefits".
Objectives of the study: to consider the features of accounting and reporting of employee benefits in accordance with IAS 19; to propose a procedure for employee benefits accounting in accordance with the provisions of IAS, applying accounting methods used in domestic practice; to develop a system for employee benefits accounting.
This study is based on the scientific works of domestic and foreign economists devoted to the theory and practice development of domestic and international accounting. In the course of the study, general scientific methods were used: monographic, abstract-logical, and comparison.