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GAAP.RUNewsRussian companies’ implementation of IFRSs will be made gradually

Russian companies’ implementation of IFRSs will be made gradually

Publication date: 7 September 2010

Correspondingly with the law “On consolidated financial accountancy”, not so long ago approved and signed by the country’s president D. Medvedev, the Ministry of Finance prepared the project of the government’s order to endorse international financial reporting standards and interpretations in Russia.

Correspondingly with the law “On consolidated financial accountancy”, the Ministry of Finance prepared the project of the government’s order to endorse international financial reporting standards (IFRSs) and interpretations in Russia.