Methodological approaches to a balance sheet make up: Past, present, future

Subject. This article examines the issues related to the formation of the balance sheet of organizations. Objectives. The article aims to identify prospects for solving the problems of the formation of the balance sheet of organizations. Methods. For the study, I used critical analysis, synthesis, comparison, observation, and systematization. Results. The study of the evolution of the development of requirements for the formation of the balance sheet reveals the specifics of approaches to the compilation of the balance sheet in the Russian accounting of the period of socialism, the beginning of market reforms, the present stage and the near future. The article presents the results of a comparison of the procedure and requirements for the formation of the balance sheet of various regulatory documents and substantiates the areas of modern scientific research in the field of balance sheet formation. Conclusions and Relevance. The forms of the Russian balance sheet in the Soviet period and at the beginning of market reforms differ significantly from the modern form of this report. Scientific research of modern scientists is aimed at solving problematic issues of the formation of the balance sheet, which will ensure its improvement in the future. The results obtained have both applied and theoretical areas of application in the field of financial accounting.