...Anna Vysotskaya; Maria Prokofieva ABSTRACT: In recent years Russia has undergone radical changes in all spheres of life, prompted by the transition from a centrally planned economy to an open market-based economy. Dramatic changes such as privatization, the development of private business entities...

... (called Accounting Theory ¹ ) at the Southern Federal University of Russia (SFU), a course that extensively utilizes the matrix theory of accounting. Within this description and discussion, we address a range of issues of potential interest to U.S. and international accounting faculty...