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GAAP.RUNewsInvestors throughout the world demand more transparency from private companies – Grant Thornton

Investors throughout the world demand more transparency from private companies – Grant Thornton

Simplified IFRSs become popular in Russia

Publication date: 25 June 2010

Investors (as well as financial regulators) demand more and more transparency from private companies’ financial accounts. At the same time, more than a half of business owners are sure that increased transparency is one of the main advantages.

Investors (as well as financial regulators) demand more and more transparency from private companies’ financial accounts, while simplified IFRSs becomes popular in Russia - those are the results of Grant Thornton International’s business survey.