FBK GT to Advise ROSSETI on Business Planning

FBK Grant Thornton will provide advisory services to PJSC ROSSETI by preparing business plans for the ROSSETI Group (RAS and IFRS consolidated business plans) and reports on their execution.

FBK Grant Thornton’s Partner Elena Tyutyunnikova says that the ROSSETI Group uses business plans to determine medium-term development prospects and analyse financial position and financial performance, in particular for separate companies. 

“When preparing consolidated business plans it is extremely important to apply accounting policies consistently and reflect intercompany transactions accurately,” she says. 

PJSC ROSSETI, an operator of energy grids in Russia, is one of the biggest electric grid companies in the world.