Publisher's Note
Some friends of ours are currently on vacation in Russia,
which got me to thinking, "I wonder what it's like
to be an accountant in Russia?" I have no idea.
It wasn't all that long ago that International Financial
Reporting Standards were adopted by the Russian
Finance Ministry, so it's probably been a rather
challenging profession as of late! If you have any
first-hand knowledge of accounting in the Russian Federation,
please e-mail me
so we can share it with AccountingWEB readers.
In the meantime, here are some key Russian facts:-
Population: 142 million
- Largest city (and capital): Moscow
- Second largest city:
St. Petersburg
- Size: the largest country in the world by more than 2.5 million square miles
- Ethnic groups:
Russian 79.8%, Tatar 3.8%, Ukrainian 2%, other 14.4%
Rob Nance
Publisher
AccountingWEB, Inc.
publisher@accountingweb.com
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Bloggers Crew
What have you got to say today?
Bill Kennedy CA.IT PMP:
Energized Accounting
Narrative Budgeting
If the budget is viewed as a pointless exercise inflicted on a company by its accountants, then that is all it will
remain. If a budget is viewed as a plan, a blueprint for the future, then that is what it will become.
Alex Vuchnich CPA CFE:
Profit Matters Blog
AT&T Tilt - Best Windows Mobile Device I Have Ever Used
For those looking for a solid extremely feature rich PDA Phone and those who can get over the next gen iPhone hype,
check out the AT&T Tilt. The Tilt is a windows mobile 6.0 phone and is ideally suited to mobile professionals who may
need to access corporate networks.
FEI
Financial Reporting Blog
NYSE Euronext CEO Calls for Rationalizing Sarbox for Small Cos
In remarks at the National Press Club (NPC) yesterday,
NYSE Euronext CEO Duncan Niederauer is reported to have said that "Congress should relax the Sarbanes-Oxley Act
for small and medium-size companies because it discourages them from listing on U.S. stock exchanges," as reported
by Neil Roland of Financial Week (FW).
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New ethical standards for financial planners who are authorized
to use the CFP certification marks will go into effect on July
1. The recent updates to CFP Board's ethical standards, which
were announced a year ago, significantly strengthen the ethical
requirements for the more than 57,000 CFP professionals who
offer financial planning services to the American public.
more
AICPA calls for three to five year timeline for IFRS transition
Strategies for surviving during a recession
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The 1,377 individuals who successfully completed the 2007
Uniform CPA Examination in Illinois were honored by the
Illinois CPA Society at their annual New CPA Banquet held on May 29.
Special recognition was given to individuals with outstanding achievement on the exam.
more
 Leisa Gill and Tracy Crevar Warren inducted into
AAM Hall of Fame
 CPA firm wins national industry award
The cap and gown are put away. You've spent the last 17 years or so of your life in a classroom: grammar school,
middle school, high school, college. As a new hire in the accounting profession, there is no longer a traditional
teacher, a traditional classroom, and a traditional way of learning.
more
KPMG internship program includes international travel,
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New scholarship memorializes Virginia Tech victims
I'm thinking about quitting my job and moving to Nevada. Should
I take out a home equity loan to purchase a house in Nevada or
should I sell my property in Hawaii and use that to purchase a house?
Respond Now
I will be entering my junior year of college next year, and I
would like to find an internship for next summer in public
accounting. This summer I am working as a staff temp in the
accounts receivable department of a non-profit educational
institution to gain experience. My GPA is a 3.8, and so far
I've had four accounting courses, so I think I can get an
internship. When would be the best time to start looking for
internships for next summer? Should I contact the firms or use
monstertrak.com, collegecentral.com, etc.? Do the internships
usually offer credit?
Respond Now
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