Reporting information on the obligations of organizations: new requirements for formation, discussions and prospects

The article examines approaches to the formation of reporting information on the liabilities of organizations. The new rules for disclosing information on liabilities in financial statements regulated by FSBU 4/2023 “Accounting (Financial) Statements”, which comes into force starting with the financial statements for 2025, are analyzed. The new regulations for the formation of reporting information on the liabilities of organizations in FSBU 4/2023 “Accounting (Financial) Statements” are compared with the expected approaches of the draft FSBU 4/2023, as well as with the rules of the currently valid PBU 4/99 “Accounting Statements of an Organization” and the Order of the Ministry of Finance of the Russian Federation No. 66n dated July 2, 2010 “On the Forms of Financial Statements of Organizations”. The article substantiates the assessment of the new requirements of FSBU 4/2023 “Accounting (Financial) Statements” for the disclosure of information on the liabilities of organizations in the accounting statements. Both appropriate and controversial aspects of these requirements are identified. Recommendations for resolving controversial aspects of the formation of information on the liabilities of organizations in the accounting (financial) statements are argued.