Statutory regulation of state aid accounting: international (IFRS) and national approach

International and national legislation in the field of normative and legal regulation of state aid is considered. Their complex interrelation and influence on the mechanism of receiving state aid is investigated. The main trends in the field of state assistance during the coronavirus pandemic are analyzed. The main criteria of its recognition and classification as state aid measures are studied. Based on the results of the analysis of the concept of «state aid», its characteristic features are formed and highlighted. The mechanism of assessment of admissible state aid in European practice is investigated. The directions of state aid which are considered admissible according to the legislation are considered. The influence of normative and legal regulation on state aid accounting is established. The concept of state aid as an object of accounting is studied. The common and distinctive features of state aid accounting in accordance with the International Accounting Standard 20 «Accounting for State Grants and Disclosure of State Aid Information» and Regulation (Standard) of Accounting 15 «Income» are considered.