S. Korotayev, Doctor, Belarus State Economic University Foreign-exchange crisis in Belarus (2011): influence of the accounting and taxation systems on the economics of enterprises

The stages of development and overcome of the foreign-exchange crisis in Belarus in 2011, which led to the devaluation of the national currency by more than 2,5 times and to hyperinflation, are considered. The paper studies the influence of the Belarus system of accounting and taxation of currency transactions on the formation of financial results of the business organizations at different stages of the crisis development.

Keywords: Foreign-exchange crisis, accounting, difference in rates of exchange, currency revaluation and taxation.