Новости

International Integrated Reporting Framework on track for publication in 2013, confirms IIRC

The International Integrated Reporting Council (IIRC) today confirms plans to publish the world’s first Integrated Reporting Framework by the end of 2013. The IIRC also publishes a summary of responses to its Discussion Paper launched in September 2011.

Minfin’s report on the meeting of the EU-Russia Working Group on accounting and audit

On 11 June 2012 another meeting of the EU-Russia Working Group on accounting and audit took place in Brussels (Belgium). The meeting was attended by representatives of the IFRS Foundations. Different questions of regulation of accounting and auditing in Russia and the European Union were discussed.

Independent mining companies in Russia will pay less than Gazprom by the new formula

A new formula for calculation of the mineral extraction tax for the gas mining industry has been proposed by the Ministry of Energy of the Russian Federation. The new way of calculation gives more preferences to independent companies: as compared to Gazprom, they will pay 1/3 less. For gas deposits with complicated geologic and production settings the tax rate will be much smaller.

FRC consults on actuarial standards for pension incentive exercises

The FRC’s Board for Actuarial Standards (BAS) has today published a consultation paper which proposes to bring actuarial work on pension incentive exercises into the scope of the FRC’s technical actuarial standards (TASs). The consultation also considers whether the TASs should include specific principles to be followed when providing actuarial advice on incentive exercises.

Sharman panel publishes final report and recommendations

The Sharman Panel of Inquiry, established at the invitation of the Financial Reporting Council to consider Going Concern and Liquidity Risks: Lessons for companies and auditors, publishes its final report and recommendations today.

IASB and FASB agree on lease accounting approach

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) today agreed on an approach for accounting for lease expenses as part of a project to revise lease accounting in International Financial Reporting Standards (IFRSs) and the U.S. Generally Accepted Accounting Principles (U.S. GAAP).

International Ethics Standards Board for Accountants Releases 2011 Annual Report

The International Ethics Standards Board for Accountants (IESBA) today released its 2011 Annual Report, Ethics for the Global Accounting Profession - Building on the Groundwork.

Companies with public accountancy will face compulsory audit tendering

Companies with annual accountancy subject to mandatory audit will have to choose their external auditors on tender. That’s the way Russian financial regulators are trying to redistribute market shares of major players of the market for audit services.

Russia to replace the uniform tax with patents

The State Duma has approved a draft law in its second reading, which is to replace the uniform tax on imputed income with the patent system of taxation by 1 January 2018. Before that momentб both of the systems will co-exist.

Russia adopts IFRS 10

The Ministry of Finance has published its draft law on endorsement of IFRS 10 “Consolidated Financial Statements” in Russia.