Activities

 

IFRS

  • Official Russian translation of IFRS
  • Official examination of applicability of IFRS, preceding the IFRS endorsement in Russia
  • Comments on IFRS projects
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Auditing

  • Designated translating body for the authorized Russian translation of the Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
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Improvement of the financial reporting environment

  • Research on improvement of the financial reporting environment in Russia
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Aug 15 2016

Translation of Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2015 Edition

NOFA Foundation completed and delivered to IFAC the translation of the Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements (Volumes I, II and III), 2015 Edition.

May 05 2016

MEETING OF EMERGING ECONOMIES GROUP OF IFRS Foundation

A regular meeting of Emerging Economies Group of IFRS Foundation took place on May 3-4, 2016 in Istanbul, Turkey. Dmitry Weinstein, a Member of National Accounting Standards Board of the NOFA Foundation made a report on state aid accounting.

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Apr 27 2016

CHANGES OF SUBSTANCE IN THE HANDBOOK OF IAS

The Handbook, 2015 Edition contains the complete set of International Auditing and Assurance Standards Board’s (IAASB) standards on quality control, auditing, review, other assurance and related services, as well as the non-authoritative International Auditing Practice Notes (IAPN). It also includes a preface to the IAASB’s pronouncements, a glossary of terms, and other non-authoritative material. This handbook replaces the 2014 edition of the handbook.

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Feb 20 2015

Round table "Future of financial statements of the legal entity: IFRS or national standards?"

On February 19, 2015 the Ministry of Finance of the Russian Federation and NOFA Foundation carried out a round table "The future of financial statements of the legal entity: national standards or IFRS?". About 100 representatives of users and compilers of financial statements, public organizations of business community, professional institutes of accountants, auditors and self-regulating organizations of auditors, representatives of the Ministry of Finance of the Russian Federation, Ministry of Economics of Russia, Rosstat, Federal Tax Service of Russia, Bank of Russia, scientific community took part in it.

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Oct 29 2014

Round table "Enhancing prestige of auditor profession"

On October 29, 2014, Igor Kozyrev, Chairman of the Management Board of the NOFA Foundation and Irina Krasilnikova, Director of the NOFA Foundation took part in a round table "Enhancing prestige of the auditor profession". The round table was organized by the Council for audit activity, the Ministry of Finance of the Russian Federation and the Research Financial Institute. About 30 representatives of audit organizations, business community, the self-regulating organizations of auditors and the higher school participated in the event.

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Mar 13 2014

ROUND TABLE "CONSOLIDATION OF PROFESSIONAL ACTIVITY IN THE ACCOUNTING AND AUDIT AREA"

On March 12, 2014 a round table "Consolidation of professional activity in the accounting and audit area" was held in Moscow. Council for auditor activity, the Ministry of Finance of the Russian Federation, the NOFA Foundation, the Moscow auditor chamber, Institute of professional accountants and auditors of Russia, Financial University under the Government of the Russian Federation became organizers of the round table. About 80 representatives of business community, the self-regulating organizations of auditors, professional associations of accountants, the organizations, federal executive authorities, scientific community took part in action.

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