Comptabilitat a Rússia

Accounting Rules

Tax Year

From 1 January to 31 December.

Accounting Standards

In Russia, accountancy is mainly interpreted as the rules defining the way of keeping accounts books. IFRS Standards became mandatory for the filing of consolidated financial statements by domestic and foreign companies in 2012. Russian Accounting Standards (RAS), which are converged to a great extent with IFRS, are required for standalone statements. SMEs currently use accounting standards issued by the Ministry of Finance.
For further information, consult the ICAEW website.

Accounting Regulation Bodies

Russian Central Bank

Accounting Reports

Company annual accounts must be composed of:
- a balance sheet,
- a profit and loss account,
- notes.
Small companies can produce simplified accounts.

Publication Requirements

Only certain companies, such as insurance or joint-stock companies, are requested to publish their accounts with an audit.

Professional Accountancy Bodies

IPBR , Russian Institute of Professional Accountants

Certification and Auditing

Companies with an annual turnover greater than RUB 400 million or total balance sheet assets exceeding RUB 60 million in the previous year must have their financial statements audited annually. You can contact the Russian Institute of Internal Auditors.

Accounting News