Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

"Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political, and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia was written to help fill that gap. TOC:Introduction.- Problems of Implementing International Financial Reporting Standards in Russia.- The Current State of Auditing in Russia.- Recent Developments in Corporate Governance.- Problems of Foreign Direct Investment in Russia.- Taxation and Public Finance in Russia.- Accounting Education in Russia.- Accounting and Finance Certification in Russia.- Concluding Comments.- Reference.- Index."

Preface1. Introduction2. Problems of Implementing International FinancialReporting Standards in a Transition Economy:A Case Study of Russia3. The Current State of Auditing in Russia4. Recent Developments in Corporate Governance5. Problems of Foreign Direct Investment in Russia6. Taxation and Public Finance in Russia7. Accounting Education in Russia8. Accounting and Finance Certification in Russia9. Concluding CommentsReferencesIndex