Transformation of reporting under IFRS


M. Target Business Consultants Ltd provides the service of transforming reporting, prepared in accordance with Russian Accounting Standards (RAS/РСБУ), and bringing the financial statements into conformity with International Financial Reporting Standards (IFRS).

Transformation of reporting in accordance with IFRS is required:

–  When attracting foreign capital, clear reporting must be provided to potential investors
–  For the placing of securities in foreign markets
–  When obtaining bank loans, it is necessary to identify clear picture of the activities of groups of related  companies