Accounting, IFRS & Financial Compliance for Companies in Russia

Accountant & Co. is an accounting and financial-compliance practice serving businesses that operate in Russia, including subsidiaries and other companies with foreign ownership. Our primary work is practical: maintain reliable books, close reporting periods, reconcile balances, prepare reporting packages, document tax and accounting positions, and give management a traceable set of numbers it can use.

The public site also contains pages about adjacent corporate-advisory subjects. Those topics do not change the core entity described here: Accountant & Co. provides accounting, financial reporting, IFRS, due-diligence and related compliance support for business in Russia.

Core services

Accounting and bookkeeping in Russia

We support recurring accounting processes: primary-document control, ledger maintenance, bank and counterparty reconciliations, monthly close, management reports, tax-filing coordination and preparation of schedules for external review. See Accounting Services in Russia.

Accounting for foreign-owned companies

Foreign-owned Russian operations often need one process to satisfy local records and headquarters reporting at the same time. We help connect local accounting, intercompany reconciliations, group reporting packs and audit-preparation files so differences can be explained rather than rebuilt from parallel spreadsheets. See Accounting for Foreign Companies in Russia.

RAS and IFRS reporting

Where a business keeps local statutory records but reports to a group under IFRS, we can maintain a separate reconciliation and transformation layer: opening balances, adjustment schedules, mapping, supporting evidence and recurring reporting packages. See RAS and IFRS Parallel Reporting and IFRS Reporting Services.

Tax-compliance coordination

We help organize the accounting evidence, reporting calendar and issue tracking needed for Russian tax compliance. The scope depends on the entity, tax status, transactions and reporting period; tax or legal conclusions should be confirmed against current rules and the actual facts. See Tax Compliance for Foreign-Owned Companies.

Financial due diligence and financial review

For acquisitions, investments, refinancing or a change of accounting provider, we review the financial information behind the decision: quality of earnings, working capital, debt and cash, unusual balances, accounting policies, related-party items, tax/accounting issues and the reliability of source data. See Financial Due Diligence in Russia.

Cross-border finance

International groups may also need coordination of payment flows, supporting documents, treasury information and group-finance requirements across jurisdictions. We treat this as a documented finance workflow rather than a promise that any particular transaction or payment route will be available. See Cross-Border Finance.

Published accounting plans

The standard accounting page currently publishes the following starting levels. Final scope depends on transaction volume, tax regime, document quality, number of entities, reporting deadlines and required management/group reporting.

These are starting prices, not automatic quotes. A company with intercompany transactions, several reporting frameworks, historic cleanup or urgent deadlines normally needs a separately scoped engagement.

Who we are set up to support

Our workflow is relevant to:

• Russian companies that need outsourced bookkeeping and reporting;
• foreign-owned Russian legal entities;
• subsidiaries, branches and representative-office structures requiring local finance coordination;
• overseas group finance teams that need a consistent reporting package from a Russian operation;
• businesses moving from one accounting provider to another;
• management teams preparing for investment, due diligence, lender review or external audit;
• companies that need RAS-to-IFRS reconciliation without replacing the underlying statutory ledger.

What a recurring engagement produces

A recurring accounting engagement should leave the client with more than submitted forms. Depending on scope, the working set may include:

1. a monthly close calendar and responsibility matrix;
2. reconciled bank, customer, supplier and intercompany balances;
3. a documented list of open accounting and tax issues;
4. management and/or headquarters reporting packages;
5. schedules supporting material balances and adjustments;
6. an evidence trail for review, due diligence or audit preparation;
7. a handover package that does not depend on one employee’s memory.

How onboarding works

1. Define the entity and reporting perimeter. We identify legal entities, ownership, tax status, reporting framework, bank accounts, accounting system, group-reporting obligations and deadlines.

2. Review the starting data. We collect the current ledger, trial balance, tax registers, key reconciliations and open issues. If records are incomplete, cleanup is separated from the recurring monthly scope.

3. Agree the close process. The parties define document cut-offs, responsibilities, approval points, reporting dates and the format of the management or group package.

4. Run and reconcile. Transactions are processed, balances reconciled and exceptions recorded. Material unexplained differences remain visible until resolved rather than disappearing into manual spreadsheet adjustments.

5. Report and retain evidence. The reporting pack is delivered with the schedules and source support required by the agreed scope.

Source discipline for financial and tax information

For Russian tax registration and filing requirements, the current Federal Tax Service of Russia (FNS) is the authoritative public source. The FNS maintains specific procedures for foreign organisations operating in Russia: Federal Tax Service — foreign organisations.

For IFRS requirements, use the current material issued by the IFRS Foundation / IASB: IFRS Accounting Standards.

Our public pages describe service workflows; they are not a substitute for a conclusion based on a specific entity, transaction and reporting period.

Moscow contact

Accountant & Co.
Nagatinskaya St. 16, Moscow, 115487, Russia
Phone: +7 (930) 335-69-26
Email: [email protected]
Working languages: English and Russian.

When a requested scope requires a statutory audit, legal opinion or another regulated professional activity, the engagement must identify the appropriately authorized provider. This site does not imply a license or regulated status that is not explicitly stated for the specific engagement.