FBK on Accounting, Reporting, IFRS, Tax Accounting and Audit Changes

FBK has delivered webinars on accounting, reporting, IFRS, tax accounting and audit changes for credit and non-credit financial institutions. Experts from the Department of Assurance and Advisory to Financial Institutions explained what to focus on during the preparation of financial statements and their audit in 2023. The webinar was moderated by Anastasia Terekhina, FBK’s Partner.

Anna Timershina spoke about financial reporting by credit institutions under Russian accounting standards. Maria Karpova shared insights into accounting changes relevant for non-credit financial institutions. Tatiana Kosakovich made an overview of decisions by the Board of Directors of the Bank of Russia about new requirements to equity and capital adequacy ratio calculation and the scope of information subject to disclosure. Svetlana Ponkratova talked about amendments to IFRS Standards, in particular, IFRS 17 Insurance Contracts. Alexey Borisov focused on key changes in tax law, tax payment and reporting procedures and deadlines. And Anastasia Gersimova spoke about developments in auditing.