IFRS

International financial reporting standards (IFRS) are a set of international accounting standards that specify how certain types of transactions and other events should be reported in the financial statements.

Independent opinion on the fairness of financial statements prepared in accordance with IFRS

Promoting business growth

Transformation services from Russian Standards of Accounting to International Financial Reporting Standards, consolidation of parent, subsidiaries and associated companies, preparation of IFRS reports

Cost savings due to the outsourcing of these functions by a specialized professional organization

In connection with the introduction in Russia of the rules for declaring and taxation of controlled foreign companies (КИК / KIK), the controlling person has obligations to declare, include the KIK's profit in the taxable base and pay the corresponding personal income tax for an individual or income tax for a legal entity.

We offer preparation / assistance in the preparation / audit of the following types of KIK’s financial statements:

  1. unconsolidated (individual) financial statements prepared in accordance with International financial reporting standards (IFRS),
  2. unconsolidated (individual) financial statements prepared in accordance with the national standards of the country of registration of the KIK or other generally applicable reporting standards,
  3. financial statements prepared in accordance with special rules
Compliance and cost savings

Development of an accounting policy in accordance with IFRS, taking into account the specifics of the organization's activities.

Cost savings

An entity moving from national standards to IFRS must comply with the requirements of IFRS 1, the main one of which is the full retrospective application of all IFRS standards in force at the reporting date of the first IFRS reporting. The process of transition to IFRS is not easy, as a result, the IASB has developed the standard IFRS 1 " First application of IFRS".

Сost savings
Sergey Gafurov
General director

Sergey has 16 years of experience in the auditing of financial statements under RSA and IFRS, internal audit, accounting consulting and held a managerial position in a leading Russian audit company, and also had significant experience in one of the international audit and consulting companies big4.

Sergey has a unified auditor's certificate, is an ACCA fellow member, and speaks English. Clients belong to various sectors of the economy, including manufacturing, construction, transport, trade, mining, services, and media.

Sergey had experience working on joint projects with audit companies from other countries, including the Netherlands, Canada, Italy, and Germany.

Clients of our team members
  • Газпром нефть
    Минудобрения
    Стекловолокно
    Sollers
    Гидромаш
    Аэрофлот
    Sandoz
    SCA HP
  • Tupperware
    Husqvarna
    Avon
    Caterpillar
    L'Occitane
    Danone
    Sara Lee
    Nemiroff
  • SU-155
    Calzedonia
    Lego
    Kelly Services
    ОАО "Российские железные дороги"
    ГК ОАО «Атомредметзолото»
    ГК ОАО «Объединенные машиностроительные заводы»
    ГК ЗАО «Желдорипотека»
  • ООО «ТНТ экспресс»
    ОАО «Новосибирский стрелочный завод»
    ГК ОАО «Уральская сталь»
    ОАО «Контактор»
    ГК ООО «Сибакадемстрой»​
    ООО «Аэроэкспресс»
    ГК ОАО «Останкинский молочный комбинат»
    ГК ООО «Партнер-Инвест»
  • ОАО «Самарский металлургический завод» (Алкоа)
    ЗАО «Реемсма Волга» (Империал тобако)
    ЗАО «Новартис фарма»
    ЗАО «Глаксосмиткляйн»
    Independent Media
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