Switchover to IAS No Smooth Sailing

By on November 26, 2002 in Business, Economy, Finance, Russia

Following Prime Minister Mikhail Kasyanov’s announcement in July that all Russian enterprises must switch to international accounting standards from Jan. 1, 2004, demand for Western-style auditing in Russia looks set to continue the strong growth of recent years. The government has made IAS mandatory for all Russian enterprises, rather than…

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Spending Priorities Shifting as Local IT Market Matures

By on September 24, 2002 in Economy, IT, Russia

The local information technology market looks set to mature over the next few years as companies switch their spending away from hardware to software and IT services, repeating the pattern of IT expenditure seen in other markets such as Western Europe. IT research company Gartner estimates external IT services in…

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