The project commissioned a third nationwide survey in September -October 2007 on the attitudes of accounting professionals, educators, regulators and professional associations to determine the extent of accounting reform over the last 5 years.
Two surveys on attitudes to IFRS from 2004 and 2006 are also available below.
IMPLEMENTATION OF ACCOUNTING REFORM
IFRS Survey results The main results of a survey performed within the framework of the Project, reflecting the views of accounting professionals in Russia about International Financial Reporting Standards (IFRS) are presented at a Conference, held 10 December 2007.
The overall aim of the survey was to determine the level of progress that has taken place, in accounting reform, over the last five years and the nature and source of the impediments to the underlying processes.
Approximately 2000 respondents took part in the survey drawn from auditors, accountants, academics and users of financial reports.
The main findings of the survey are:
1. There has been little change in the application of IFRS other than in the financial sector.
2. IFRS is widely thought to have benefits but as yet they are mainly unrealised.
3. Moves to IFRS are likely to happen after 2010 and the main impediment to this are that the move is not mandated and there is insufficient training being offered.
4. Higher education has responded to changed demand either too slowly or in the wrong direction.
5. A single professional qualification for accountants and auditors is favoured.
6. Regulation of auditors and accountants should come from Government.
7. MinFin is seen to be reasonably active over the last five tears both accounting and in audit.
8. SROs are not highly regarded and do not fully meet member expectations.
9. Positive changes in professional education of accountants has taken place.
10. The main drivers of change over the period was seen to be company management.
IFRS survey 2007
Download IFRS Survey 2006
Please download the previous IFRS Survey report which was conducted by Romir Monitoring in 2004 within Accounting reform II project framework
Download IFRS Survey 2004
Please find below the translation of PwC investors Survey conducted among fund managers across Europe. It shows that the overwhelming majority see the change to IFRS as a significant one. The Project team translated the Survey into Russian
IFRS Investors Survey
| 
;}e.gif){kind=small}
