IFRS Foundation publishes Russian translations
25 May 2011
The IFRS Foundation has announced the publication of Russian translations of:
- the requirements of every IFRS as issued (eIFRS/comprehensive subscriber access only)
- requirements of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) 2009 (available to all registered users of the IASB's website).
The translations where foreshadowed in our 10 November 2010 article and are designed to support IFRS adoption in Russian-speaking countries. In February 2011, the Russian government signed off an IFRS endorsement procedure whereby IFRSs will be endorsed for use in Russia by the Ministry of Finance (see our earlier story).