Group of companies «RusHydro»

Direction

Preparation of reporting in accordance with IFRS, Implementation of a system based on IBM Cognos Controller.

Project Description

ADE Professional Solutions assisted in the preparation of the Group's consolidated IFRS statements and support for its audit of PricewaterhouseCoopers Russia.

Thanks to the system based on IBM Cognos Controller, implemented by ADE Professional Solutions, a transition has been made from the manual method of generating consolidated financial statements in accordance with IFRS to automating the process of collecting primary information, generating transformational amendments and consolidating a Group consisting of more than 160 legal entities.

Acknowledgments