Experts of FBK Accounting Advisory Department completed a project for Rosneft

Experts of FBK Accounting Advisory Department completed a project in elaborating for Rosneft and its subsidiaries corporate accounting standards considering RAS coming closer with IFRS. Advisors elaborated standards for accounting intangible assets, inventories, fixed assets and accounting profit tax settlements.

Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. The Company is primarily engaged in exploration and production of hydrocarbons, production of petroleum products and petrochemicals, and marketing of outputs. Rosneft has a vast and high-quality reserve base, with total proved hydrocarbon reserves of 22.8 bln barrels of oil equivalent – among the best indicators for a global publicly traded oil and gas company.