Static and dynamic concepts of accounting had an important influence on the future direction of the formation of accounting and in the world and in Russia. In particular, the relevant theories have been borrowed by various methodological techniques, accounting principles, as well as contemporary accounts. The Russian accounting balance can be considered as an element of a static concept, and the profit and loss account – as element of a dynamic concept. But, despite the fact that modern accounting area formed under the influence of distinct concepts in the Russian Federation accounting focuses more on static registration. Accounting is a streamlined system for collecting, recording and consolidating information in monetary terms, the assets, liabilities organizations and their movement through a continuous, uninterrupted and documentary record of all business transactions.
In recent years, in various articles of the special journals devoted to accounting, the authors began to mention an accounting of the new direction. In other words, the present while there are three types of accounting: – static – dynamic – static actuarial accounting – it's accounting, whose main purpose is to determine whether to allow the implementation of property (assets) entrepreneur at the moment to get the amount needed to cover its payables. Dynamic Accounting – Accounting is the main objective is the identification and calculation of reliable financial result of industrial and economic activities of economic entities. Actuarial Accounting – Accounting is oriented mainly to international financial reporting standards (IFRS), which expresses the interests of potential and current investors.