haku: @indexterm Accounting standards / yhteensä: 876
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| Tekijä: | Currie, A. |
| Otsikko: | The figures behind the figures |
| Lehti: | Euromoney
1996 : OCT, VOL. 10, p. 89-91 |
| Asiasana: | RUSSIA ACCOUNTING STANDARDS BANKING |
| Kieli: | eng |
| Tiivistelmä: | The accounting standards still used by most Russian banks are a hangover from the old Soviet system, revealing little about their health and bandaging up their infirmities. International investors want international standards. Banks and regulators are responding but full reform will take years. If your idea of purgatory is submitting accounts , you'll sympathize with Russian banks. The central bank requires them to submit reports daily; weekly, monthly, quarterly and yearly. Quantity doesn't necessarily equate with quality: western investors aren't particularly impressed with what they see and the Russians know it. |
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