print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Rosseti North-West REGISTER LOG IN

Press Releases > Rosseti North-West  all about the company

company search
all press releases
all Rosseti North-West press releases

Rosseti North-West

November 19, 2009

IDGC of North-West makes the IFRS fixed assets account system automated

By December 17, they plan to get the complete fixed assets reporting for 9 months of 2009 made up in accordance with international financial reporting standards in all the branches of the Company.

IDGC of North-West automates the system of the parallel account of the fixed assets in accordance with the international financial reporting standards (IFRS).

The system provides the connection with RAS account being the isolated one, it is able to carry out the complete account. Earlier, the IFRS reporting was prepared by the method of transformation of the reporting made in accordance with Russian Accounting Standards

“The system of parallel account will increase the quality and transparency of the reporting, as well as decrease the costs for the account carrying out,” explains Tatyana Maksimova, Chief Accountant of IDGC of North-West. “The Consultant of the project is “NP Consult”. Together with it, we developed and tested the system in “Karelenergo” – the pilot branch. 

Now all the branches of IDGC of North-West began the experimental and industrial system maintenance. By December 17 of the current year it is planned to get the complete reporting by the fixed assets for 9 months of 2009 in accordance with international standards by all the branches of the company.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer