Russian central bank awards accountancy contract

The central bank of Russia has awarded a contract to the Institute of Chartered Accountants in Ireland. The aim of the project, led by PriceWaterHouse Coopers, is to increase the efficiency of the Russian central bank through the adoption of International Accounting Standards and to ensure adequate professional standards among the supervisory staff of the bank.

Source: Reuters

The Institute of Chartered Accountants in Ireland (ICAI) has been awarded, as part of a consortium, a contract to advis