Speech by Hans Hoogervorst at IFRS Taxonomy Annual Convention 201225 April 2012

On 25 April 2012 Hans Hoogervorst, Chairman of the IASB, addressed the IFRS Taxonomy Annual Convention 2012 in London, hosted by the IFRS Foundation with XBRL International Inc.

IFRS & GAAP IFRSs in broad perspective

IFRSs: practical application in Russia21 April 2012

On April 19-20 CFO Russia held its second conference on practical application of IFRSs in Russia. The 2-days event gathered around 50 specialists in the field of international accountancy. Here we would like to present some chosen presentations from the conference which could be of interest to our foreign readers as well.

IFRS & GAAP IFRSs in broad perspective

IFRSs in South Africa - a short interview with Solomon Zori19 April 2012

"As you might well know, South Africa is the most developed country in Africa particularly economic development and capital markets. In fact at the mention of Africa in the finance industry South Africa tops the list with the largest financial markets. What that means is that, its has been a pattern for South Africa to follow the rest of Europe in the adoption of International policies not only in Financial Reporting, but also trade liberalization and Securities laws".

IFRS & GAAP IFRSs in broad perspective

Doing business in Russia. Employee aspects12 April 2012

In this guide we provide an overview of the employee-related issues which should be taken into consideration upon entering the Russian market. The focus on employee matters in Russia is twofold. On the one hand, the Russian authorities pay careful attention to immigration issues, organization of labor and structure of employee compensation packages, and impose penalties for non-compliance established by legislation.

Management Personnel Management

Internal audit in Russia: “new reality”10 April 2012

On 14-15 March 2012 Moscow held a conference on internal audit in Russia, organized by the Institute of Internal Auditors. The name of the conference was chosen for a reason: there’s indeed a whole new reality out there (development of new technologies, financial crisis, etc.), so the profession has to adapt in order to survive. Internal auditors have to remain quality assurers, at the same time being consultants to their clients. So what are the main tasks they have to deal with today?

Audit