Conference: Legislative adoption of IFRSs
in Russia
Moscow, 22 November 2010, Holiday Inn Sokolniki
Held by Ernst&Young in association with the IFRS Foundation
On 27-th of July 2010, the Federal Law “On consolidated financial statements” was adopted. While major Russian companies have been preparing financial statements under IFRSs for a number of years already, some from early 1990s, this Law, requiring all public companies to publish their consolidated IFRS financial statements, signifies a major step forward in the financial reporting in Russia, for the first time introducing IFRSs as issued by the International Accounting Standards Board (IASB) as a legislative requirement.
The conference held by Ernst & Young in association with the IFRS Foundation on 22 November 2010 in Moscow brought together representatives of the Central bank of Russia, the Ministry of Finance, the Audit Chamber of Russia, the IFRS Foundation and major Russian companies.
Conference program
Presentations
IFRSs in 2011 and beyond
Robert P Garnett, IFRS Interpretations Committee Chairman and former IASB member
Basel II parameters as a basis for the calculation of IFRS loan loss allowance (in Russian only)
Olga Goncharova, Chief Accountant, Head of Accounting and Reporting Department, UniCredit Bank
IFRS 9: how to get ready (in Russian only)
Dmitry Weinstein, Partner, Ernst & Young
Conversion from US GAAP to IFRS: issues for extractive industries (in Russian only)
Valentina Khromova, Manager, Ernst & Young
Extractive Activities Project
Robert P Garnett, IFRS Interpretations Committee Chairman and former IASB member
Consolidation: complex issues (in Russian only)
Svetlana Polovinkina, Senior Manager, Ernst & Young
ED on Leases: how proposed changes will impact your financial statements (in Russian only)
Maria Proshina, Senior Manager, Ernst & Young
Fast Close: how to shorten the reporting timeframe (in Russian only)
Alexey Mayorov, Head of IFRS Reporting, VTB
Accounting and reporting function during reorganization, mergers and acquisitions (in Russian only)
Ivan Topolya, Deputy chief accountant, Svyazinvest
