US-GAAP and IFRS in Russia

In Russia accounting procedures are dominated much more by tax regulations than by commercial standards. Furthermore, due to missing documents many transactions which have already been concluded will not show up in the accounting, and thus the economical representation of the company will be biased.

Hence a transition to the Western accounting standards for financial analysis is unavoidable.

With our financial experts we can take care of the complete transition to Western accounting standards. We can also follow the specific regulations that your company has pre-defined for  internal accounting.