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IFRS and US GAAP

The auditing and consulting services in Energy Consulting are rendered in compliance with the international standards and international best practices.

Tasks

The services rendered by Energy Consulting in financial statements prepared in compliance with the international standards shall include the following:

• Preparation of financial statements and reports in compliance with IFRS/US GAAP
• Audit of financial statements prepared in compliance with the IFRS/US GAAP
• Combined audit of financial statements prepared in compliance with the national and international standards
• Diagnostics of accounting for the purpose of the transformation efficiency assessment (express-analysis)
• Accompanying services for IPO
• Preparation of instructional materials for IFRS/US GAAP
• Consulting services for the application of the IFRS/US GAAP principles
• Training courses for IFRS/US GAAP
• Review of financial statements prepared in compliance with IFRS/US GAAP
• Performance of coordinated procedures in accordance with international standards
• International tax and legal consulting services

Professionalism and Quality

By contacting Energy Consulting, you receive the following:

Consultants’ works experience with the companies of the leading economy and business industries
The Energy Consulting employees have a long-term project experience in fuel and energy, metallurgical, petrochemical and chemical industries, electric power industry and insurance companies, etc.

One reliable partner
All inter-related business processes of customers are backed up by Energy Consulting Group - a single reliable partner’s professional services.  

Client-focused approach to project management

Multi-stage quality control system
A thorough organization of the work process at all stages – from a planning procedure to a procedure of works completion – in accordance with the audit international standards

In our work, we follow the principles of independence, honesty, objectivity, professional competency, and any established international regulations of the Code of Ethics for Professional Accountants, and comply with the confidentiality with regard to the obtained information about the customers’ business.

The cooperation with Energy Consulting opens to our customers new opportunities for Russian companies who receive a reliable partner to enter capital markets by providing initial public offering (IPO) or attracting investments, and reducing the cost of financing from Western financial organizations.

Rendering Services

Energy Consulting’s approach to rendering services for its customers consists in the timely analysis of all most important issues for customers and open discussion of all possible measures aimed at their solution with the managers. The process of rendering services includes the update of an issue of the adequate understanding of the type of its activity and the planned approach to the performance of works with the customer to enhance the efficiency of rendering services.

We guarantee the quality and assurance of the results by discovering actual business risks, the analysis of controls of the activity, early detection of problem areas and informing them about the respective executive officials of the inspected company and the order of works for all directions.

Upon the completion of the project of financial statements preparation, we are offering services of accompanying the audit prior to the date of issue of an audit certificate and, in the event of the company’s interest in the independent preparation of reports and statements, consulting services in application of the IFRS, provide methodological support and training services for the personnel.