(“Recommendations for audit organizations,” (appendix to the letter from the Russian Ministry of Finance dated January 22, 2026, No. 07-04-09/3478) {ConsultantPlus})
The Russian Ministry of Finance has prepared Recommendations for Auditors on Auditing Annual Accounting (Financial) Statements for 20252025. They note that when preparing statements, it is necessary to take into account the mandatory application of FSBU 4/20234/2023 “Accounting (financial) statements” (taking into account the changes made by Order of the Ministry of Finance dated November 7, 2025, No. 159n) and FSBU 28/2023 “Inventory” must be taken into account when preparing the statements.
One of the sections of the Recommendations is devoted to reporting issues, including materiality assessment. According to FSBU 4/20234/2023, reporting is considered reliable if it discloses material information; immaterial information may not be disclosed if the organization considers it unnecessary for users' decisions. This approach also applies to disclosures formally required by standards, except for the minimum mandatory indicators established by FSBU 4/20234/2023 for the main forms of reporting.
The Ministry of Finance also drew attention to how to include additional indicators in reports, including interim and final indicators. A number of FSBUs provide for the right or obligation to do so. If an organization decides to disclose additional indicators, they must:
The Russian Ministry of Finance has prepared Recommendations for Auditors on Auditing Annual Accounting (Financial) Statements for 20252025. They note that when preparing statements, it is necessary to take into account the mandatory application of FSBU 4/20234/2023 “Accounting (financial) statements” (taking into account the changes made by Order of the Ministry of Finance dated November 7, 2025, No. 159n) and FSBU 28/2023 “Inventory” must be taken into account when preparing the statements.
One of the sections of the Recommendations is devoted to reporting issues, including materiality assessment. According to FSBU 4/20234/2023, reporting is considered reliable if it discloses material information; immaterial information may not be disclosed if the organization considers it unnecessary for users' decisions. This approach also applies to disclosures formally required by standards, except for the minimum mandatory indicators established by FSBU 4/20234/2023 for the main forms of reporting.
The Ministry of Finance also drew attention to how to include additional indicators in reports, including interim and final indicators. A number of FSBUs provide for the right or obligation to do so. If an organization decides to disclose additional indicators, they must:
- reflect objects recognized and measured in accordance with FSBUs;
- be relevant to the content and structure of the report in which they are included;
- be consistent from period to period;
- not be presented with greater prominence than other indicators required by FSBU.