Subject Under current conditions, Russian corporations and banks seek to expand both the types of corporate borrowings to diversify the entire financial resource base and sources of funding and the volume of borrowings in debt capital markets. Securities business in Russian and international stock exchanges entails toughening the requirements to reliability of information reported in financial statements during their preparation and auditing. First, the above applies to financial instruments in the form of borrowed capital, and debt securities, in particular. Therefore, it is crucial to improve science-based accounting and valuation tools when preparing financial statements under International Financial Reporting Standards. Methods In the study, I used quantitative finance models, complementary methodological approaches, like system, dynamic, and situational analyses, tabular interpretation of informational and procedural materials. Results I have developed an accounting and valuation procedure for debt securities with a complex and highly irregular structure of payments (in particular, internal corporate bond issues), based on amortized cost and effective interest methods. Conclusions and Relevance The developed application-oriented tools include models, algorithms and recommendations. They may enhance the reliability of accounting and reporting information, and be useful for accounting departments of many organizations (financial and non-financial institutions), domestic debt market participants in the process of IFRS-based financial statements preparation.
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