Articles
Investments into Russia and Kazakhstan from China
Focus Reports
Interview with: Ulf Schneider, Managing Director, RUSSIA CONSULTING. The full article you may read here
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The Western media has perpetrated the image of Russia as a lawless country and much has been written about the difficulties of doing business there. In fact, the business opportunities in Russia are a well-kept secret, a fact to the advantage of incoming investors, who can thereby leave their overseas competitors behind. In this issue of Russia Briefing, we discuss why you should consider investment in Russia and how to make the first major decision in this process: what form of entry establishment to use. more>> |
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Russia Briefing is a magazine and daily news service about doing business in Russia. We cover topics relating to the Russian economy, the market in Russia, foreign direct investment and Russian law and tax. more>> |
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In this new issue of Russia Briefing, we compare Russian accounting standards with U.S. generally accepted accounting principles. We first look at some of the main differences between Russian accounting and U.S. GAAP including the difference in documentation, timing, the chart of accounts, division of cost types, provisions and accruals, expense and revenue recognition, and multiple element sales. We also examine how revenue is handled, how to structure a transformation from Russian accounting principles to U.S. GAAP, and the industry and business specific differences between Russian and U.S. accounting. more>> |
