| GAAP standards are widely used in Western companies and, as opposed to Russian accounting, aim at satisfying the needs of not just the fiscal control organizations but the owners, managers, potential investors and creditors. The transition to GAAP standards underlines the Holdings goals of the complete reliability of its financial information, transparency of its activities, an open communication policy and integration with leading Russian and Western companies.
The transition to GAAP standards underlines the Holdings goals of the complete reliability of its financial information, transparency of its activities, an open communication policy and integration with leading Russian and Western companies. |
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