Institute for Financial and Economic Monitoring
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The research work for the Ministry of Education and Science of the Russian Federation was done by the IFEM experts

May 27, 2014

According to the public contract IFEM presented to the Ministry of Education and Science of the Russian Federation a report on the following items:

  • Results of the analysis of normative legal documents in the field of maintenance of accounting records, development of accounting reporting, compliance of accounting policy, used by government bodies within jurisdiction of the Ministry of Education and Science of the Russian Federation, with the requirements of Federal Law No. 402-FZ “On Accounting”, dated 6 December 2011.
  • Results of the analysis of main differences between the statements of accounting policy, used by government bodies within jurisdiction of the Ministry of Education and Science of the Russian Federation, and the requirements of the International Public Sector Accounting Standards.
  • Main directions of accounting process improvement in government bodies within jurisdiction of the Ministry of Education and Science of the Russian Federation according to the requirements of Federal Law No. 402-FZ “On Accounting”, dated 6 December 2011 and International Public Sector Accounting Standards.

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