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The implementation methodology of the “1C: Accounting and management for professional participants of the securities market” product: a joint IAS and NAUFOR seminar on the transfer to the new chart of

THE IMPLEMENTATION METHODOLOGY OF THE “1C: ACCOUNTING AND MANAGEMENT FOR PROFESSIONAL PARTICIPANTS OF THE SECURITIES MARKET” PRODUCT: A JOINT IAS AND NAUFOR SEMINAR ON THE TRANSFER TO THE NEW CHART OF ACCOUNTS
On 14 July 2016, the Intercontinental hotel hosted a joint seminar of the IAS banking and consulting group and the Russian National Association of Securities Market Participants (NAUFOR) devoted to the transfer to the new chart of accounts. At the seminar, IAS specialists demonstrated the off-the-shelf product “1C: Accounting and management for professional participants of the securities market” and answered questions related to the capacity and implementation methodology of the product and also to the rationale of outsourced accounting and reporting under the new chart of accounts services. Participants of the seminar also discussed approaches to the development of methodological documents for the purposes of the transfer to the new chart of accounts.
More than 100 people – general directors and chief accountants of professional participants of the securities market, registrars, management companies, specialized depositaries, and rating agencies – took part in the seminar.
This was the second seminar out of the planned series of events devoted to the demonstration and discussion of the IT-product developed by IAS specialists to ensure a complete and correct transfer of non-credit financial organizations to the new chart of accounts. Later on, this product will be used to keep industry specific records and file statutory accounting reports in accordance with the new Bank of Russia requirements.
You can find photographs from the seminar in our Facebook group album