Russia

Details

  • Service: Audit, Corporate Governance, Corporate Governance, Sustainability, Sustainability
  • Type: Press release
  • Date: 4/23/2013

Presentation of the draft International Integrated Reporting Framework at KPMG’s office in Moscow 

On 26 April the Russian Regional Branch for Integrated Reporting (RRC) and the International Integrated Reporting Council (IIRC) will submit a draft of the International Integrated Reporting Framework for public consultation. The presentation will be held at KPMG’s Moscow office.

The event will be attended by representatives of the International Integrated Reporting Council, Russian participants of the IIRC’s pilot program (Rosatom, Rosneft, URALSIB, NIAEP), representatives of other major Russian companies, professional services firms, the state authorities and expert community. Participants will discuss the submitted draft standard and the prospects for the development of integrated reporting in Russia.

 

Integrated reporting is a comparatively new way of presenting corporate reporting. Its key difference from traditional financial reporting is that it provides both financial and non-financial information on a company’s performance, including social, environmental and corporate governance issues, with a focus on the interdependencies of these aspects. An integrated report enables a company to demonstrate its ability to create and maintain value over the short, medium and long term.

 

For more information on integrated reporting issues and prospects, please go to KPMG’s Better Business Reporting portal.

 

Venue: KPMG's office, Naberezhnaya Tower Business Complex, 10, Presnenskaya Naberezhnaya, Moscow.

 

Time: Friday, 26 April, from 15:00 to 18:00.

 

Terms of participation: Participants should register with the RRC responsible secretary Sergey Golovachev (e-mail: golovachev@da-strateg.ru, tel.: +7 (915) 101-00-25).

About KPMG in Russia and CIS

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries with more than 155,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

 

KPMG has been operating in Russia more than twenty years. For the last years KPMG in Russia and the CIS has been one of the fastest growing practices in KPMG worldwide.

 

In the CIS, KPMG now has offices in Moscow, St. Petersburg, Yekaterinburg, Kazan, Nizhny Novgorod, Novosibirsk, Rostov-on-Don, Krasnoyarsk, Perm, Almaty, Astana, Atyrau, Bishkek, Kiev, Lviv, Yerevan, Tbilisi and Baku, employing together over 4,000 people.

Media contacts

For any media enquiries or interview requests contact our media team at PR@kpmg.ru or Sabina Kasparova, Manager, PR & Communications, KPMG in Russia and the CIS, at +7 (495) 937 4477 (ext 14264), +7 (968) 6911037 or sabinakasparova@kpmg.ru.
 
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KPMG portal on corporate reporting contains information useful for anyone interested in improving the quality of corporate reporting.