NOFA Foundation completed and delivered to IFAC the translation of Volume II of Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2014 Edition.

ACCA (the Association of Chartered Certified Accountants) Russia in partnership with ‘Methodology’ Publishing House under the aegis of Moscow Exchange and NOFA Foundation held a round table "What do investors expect from IFRS financial statements for 2015”: Views of investment companies".

On February 25, 2016 an agreement between NOFA foundation and IFAC on translation of Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2015 Edition, and the new standards issued by IFAC in 2016 was signed.

On December 11-12, 2014 Askold Birin, the Chairman of National Accounting Standards Board (NASB) of the NOFA Foundation participated as a member of the Russian delegation in the eighth meeting of the IASB Emerging Economies Group in Jakarta (Indonesia). Attendees included delegates from China, India, Indonesia, Malaysia, Russia, Saudi Arabia, Turkey, South Africa, members of the IASB and the Chairman of IFRS Interpretations Committee.