The article is devoted to the problem of ensuring the reliability of the accounting (financial) reporting of Russian enterprises and methods of combating the facts of its falsification. The main risk factors that can lead to distortions in accounting (financial) reporting and signs that clearly characterize malicious falsification of financial data are formulated. The most common areas for increasing the reliability of accounting (financial) reporting are identified. Also, the scientific research touches on topical issues of reforming the domestic accounting system and the implementation of International Financial Reporting Standards in order to improve the quality and transparency of the information provided by the economic entity.