Valentina Alexandrova, internal auditor of Acsour, analyzed the impact of reporting frequency on decision making process for the online journal GAAP.ru.
The expert says that “above all, the type of reporting should be determined. Tax or statistical reports which companies present to controlling bodies do not have any effect on decision making process of the managers or shareholders, because they have a different purpose. In Russia decisions are mostly made on the basis of managerial accounting reports rather than on the basis of accounting reports”.
Head of Business
Olga Filipova cell.: + 7 (931) 262-5352 phone: + 7 (812) 454-4424 e-mail: email@example.com