OREANDA-NEWS. May 19, 2008. A conference “International Financial Reporting Standards as Factors of Investment Attractiveness Enhancement for the North-West region” arranged by the companies of the Energy Consulting – Energy Consulting Roedl Group and BALT-AUDIT-EXPERT took place in St Petersburg, in cooperation with the “Vedomosti - St Petersburg” and “The St. Petersburg Times”, reported the press-centre of Energy Consulting.

A number of burning issues related to external financing outsourcing, project practice in IFRS and assessment procedures for the preparation of financial reporting based upon the projects executed by Energy Consulting Group were discussed at the business event arranged at the Novotel Hotel.

Energy Consulting Roedl has demonstrated its expertise in the financial reporting transformation provided in accordance with the international standards. Svetlana Chuchalina, Director General of Energy Consulting Roedl, and Tatyana Maksimova, the leading consultant of the company, gave reports on the following topics: "The First Application of IFRS", "Insurance Agreements. Application of IFRS", and "Consolidation".

Dmitry Sobinin, the expert of BALT-AUDIT-EXPERT, highlighted the issues related to the organization of assessment projects aimed at the preparation of IFRS, including the selection of project strategies and executing companies.

A number of representatives from the Committee of Investments and Strategic Projects of the St. Petersburg Government, the Committee of Economic Development, Industrial Politics and Trade of the St. Petersburg Government; business circles, such as Credit Europe Bank, the Open-Joint Stock Company OAO AB Rossiya, the Open-Joint Stock Company OAO The Bank of Moscow, Rodl&Partner, and the mass media of the capital of the North, also took part in the conference.