The article is about financial statements at the current stage of economic reforms is devoted to the issues of organization of accounting according to international standards is the main achievement of the world practice, the introduction of the national accounting system directions were studied. National accounting and international financial reporting As a result of the analysis of the main principles of the standards, the main inconsistencies were revealed. Description of the main achievements in the integration of the national accounting system into the world community done. On the priorities of the reform of accounting on the basis of MHXS proposals were made.