In Moscow branch of the International Air Transport Association (IATA) our company jointly with EY (Ernst & Young before) from Big Four were implemented the solution of travel and entertainment expenses being paid in other currencies during foreign business trips. The project involved the data import into 1C:Accounting 3.0 software from both of employee expenses SAP ERP system and corporative credit card statements from CitiManager® Online Tool banking system of Citibank.
The experts of the Russian IT market were been interviewed by PC Magazine/Russian Edition on the ERP system substitution from Western solutions to Russian analogs. Two questions were discussed:
1. What is the real substitution scenario of already implemented ERP systems of Western vendors SAP, Microsoft, Oracle, Sage, etc. from a technical point of view?
2. If the decision of SAP, Microsoft, Oracle, Sage etc. solution substitution is made what is the best way to complete the project?
Read in Russian the answers to these questions of Nick Shilkin, CEO of Ray Consulting.
KERAMA MARAZZI the Russia’s leading manufacturer of ceramic tiles from Orel City by recommendation of EY (Ernst & Young before) from Big Four acquired a license for our software RayCon® Foreign Trade intended for automation of Russian Exchange Control Document Circulation and international payments.
Accordance with a kind invitation of The Belgian-Luxembourg Chamber of Commerce in Russia (BLCCR) General Director Oleg Prozoroff the Ray Consulting company took part in the second anniversary of BLCCR Moscow office opening. The Honorary President of BLCCR H.I.H. Grand Duke of Russia George Mikhailovich Romanoff took part in the fete.
The IFRS Professional contest organizing committee held a conference IFRS in Russia: the transition features and the practice of use. At the conference Nickolay Shilkin CEO of our company made a presentation "Review of Russian IFRS software on 1C:Enterprise framework".
A new design of Ray Consulting website on Russian has been elaborated on www.raycon.ru domain.
A new version of RayCon® Foreign Trade software for foreign trade companies working in Russia has been issued. The version support the Russian exchange control document circulation accordance with the Bank of Russia Instruction of 04.06.2012 No.138-I pro rata edition of the Bank of Russia Ordinance of 30.11.2015 No.3865-U acting from 28.12.2015
The Corporate Financial Reporting. International Standards journal on 29-30 October 2015 held a conference IFRS and management accounting: how to get a maximum from financial indicators. At the conference Nickolay Shilkin CEO of our company made a presentation "Review of Russian IFRS and management accounting software on 1C:Enterprise framework" (Download a presentation in Russian).
The First Russian-European conference Discover ICT have took place in Prague. The conference was attended by representatives of small and medium businesses from Germany, the Czech Republic and Russia. CzechInvest the official agency of the Ministry of Industry and Trade of the Czech Republic, the Russian-Czech Joint Chamber of Commerce and the Trade Representation of the Russian Federation in the Czech Republic have participated as well. Following the conference it’s members have decided to establish a Russian-European association of small and medium-sized businesses operating in the sectors of ICT and High Tech. The association establishment protocol of intent have been signed on the European hand - by Finanz Analytische Solutions (Germany) and on the Russian hand - by Ray Consulting and Alinga Consulting Group.
The Corporate Financial Reporting. International Standards journal on 21-22 May 2015 held a conference IFRS and management accounting in the financial crisis terms. Nickolay Shilkin CEO and Natalya Chernysheva ISA auditor took part in the conference from our company. Nickolay Shilkin video interview (in Russian) is presented on the journal site.
Infopark Audit and our company jointly made an audit accordance with International Standards on Auditing for a company from Don-Stroy Group.
In Moscow branch of the International Air Transport Association (IATA) the Russian EDI system on base of 1C-Taxcom technology has been implemented.
The integration project of 1C:Accounting 2.0 and two client bank systems INIST and DBO BS-Client has been successfully completed in Join Stock Company Zarubezhneft in sphere of documents:
• Outgoing payments in foreign currency;
• Russian exchange control documents;
• Currency exchange documents.
The roundtable IFRS as a tool to increase the investment attractiveness of the company has been held in the Moscow Central House of Entrepreneurs as a part of the activities of the IFRS Working Group under the Russian Collegium of Auditors.
In the Chamber of Commerce of the Russian Federation held a conference "Enhancing the competitiveness of small and medium-sized enterprises in the WTO: opportunities, tools, arrangements, and infrastructure" concerning the entry of Russia into the World Trade Organization. Nick Shilkin, CEO of Ray Consulting, spoke a report "The preparation of financial statements under IFRS on the 1C:Enterprise 8 software base". The report provides an overview of software on the 1C:Enterprise 8 platform for the automation of accounting under IFRS, as well as shows "the political map " indicating the spread 1C in the world.
15 and 16 November 2012 in the Coliseum concert hall in St. Petersburg hosted the first conference Infostart Event 2012. CEO of our company Nick Shilkin spoke a report "Automation IFRS and foreign trade on the 1C:Enterprise 8 software base, implementation experience abroad" in the great hall to an audience of 700 professionals: IT managers, 1C programmers, accountants, and consultants. Following the report in the small hall he answered questions about 50 participants for two hours of the possible methods, techniques and approaches to IFRS automation and the choice of software for parallel RAS+IFRS accounting.
There is SofTool software fair in Moscow City from October, 30 to November, 2. Ray Consulting takes part in the fair and presents two classes of business software on 1C:Enterprise 8 framework: parallel Russian + International (IAS, US GAAP, etc.) accounting and Russian exchange control for foreign traders.
The Russian Central Bank Instruction ¹138-i dated June 4, 2012 regulating the exchange control document flow for Russian Federation residents have been entered into force. The of both the Central Bank Acts acting before - Instruction ¹117-i dated June 15, 2004 and Regulation ¹258-p dated June 1, 2004 - have been canceled. RayCon Foreign Trade 1.3 software developed by our company can form the new drafts of deal passports and exchange control notes for Russian importers and exporters.
Ray Consulting and Alinga Consulting Group agreed in strategic partnership in sphere of international accounting automation on 1C:Enterprise 8 framework.
The Federal Service for Intellectual Property, Patents and Trademarks (Rospatent) have registered trademark (service mark) RayCon for Ray Consulting company, certificate number 404952.
Ray Consulting have taken part in the economic forum of the sister cities Chicago and Moscow. Chicago mayor Mr. Richard M. Daley led a delegation of urban authorities and business leaders.
Ray Consulting have taken part in the meeting of the Moscow Government Minister Mr. Michael M. Vyshegorodtsev, the Head of SME Support and Development Department of Moscow City, with small and medium enterprises acting in an innovative sphere. On Tuesday, 25.08.2009 the result of the meeting will be shown in «Business Moscow» news program on «TV Center» channel.
The bid of International Air Transport Association (IATA) has been won for setting-up the parallel accounting under the both standards: Russian and IAS on base of 1C:Accounting ver.8 software.
Ray Consulting have taken part in the Constituent Assembly of Intellectual Property and Innovations technical committee. The standard STO.9001-08 Intellectual Property and Innovations. Associated System of Quality Management has been recommended for voluntary practical application and for submitting to the Federal Agency on Technical Regulating and Metrology (Rostechregulirovaniye) as a national draft standard in sphere of intellectual property.
The special Christmas offer for importers and exporters: get a 50% discount from main price USD199 on software «RayCon Foreign Trade 1.0» till January 14, 2009.
Software RayCon Foreign Trade ver.1.0 on platform 1C:Enterprise ver.8.1 for Russian importers and exporters has been developed. The first version of software supports all of documents for Russian exchange control: Bargain passport for foreign trade contract (form 1) and for credit agreement (form 2), Certificate of vouchers, Certificate of currency transactions and other documents under the Russian Federation exchange legislation.
The client-bank system RayCon Foreign Payments for integration of Russian accounting software 1C:Enterprise ver.8.1 and CitiDirect Online Banking, Citibank's Web-based banking platform has been developed. The system supports international SWIFT payments and RUR payments including on employees' card accounts.
The project of the parallel accounting under the both standards Russian and US GAAP on base of the Russian software of 1C:Enterprise ver.8 in Moscow division of WEUS Holding, Inc. (USA) has been completed.
The license agreement has been signed for software and database distribution under the 1C trade mark as well within the Russia Federation territory as worldwide.
Our company has started rendering the services of registration of the intellectual property rights: trade marks, patents, software, databases, etc. within the Russian Federation territory and abroad.
The agreement with SUN Capital Partners Consultants Ltd. (British SUN group) has been signed for implementation of 1C:Enterprise ver.8 software and for setting-up the parallel accounting under the both standards: Russian and GAAP.
Ray Consulting have been chosen as auxiliary IT-department of Altius Development, a division of the Basic Element group.
The agreement with WEUS Holding, Inc. (Weatherford group) has been signed for implementation of 1C:Enterprise ver.8 software and for setting-up the parallel accounting under the both standards: Russian and US GAAP.
The setting-up and automation of the parallel accounting under the both standards: Russian and Samsung Electronics Co. GAAP (SEC GAAP) has been completed in Samsung Russia Service Company on base of the Russian accounting software 1C:Buhgalteria.
The agreement with Samsung Russia Service Company has been signed for setting-up and automation of the parallel accounting under the both standards: Russian and Samsung Electronics Co. GAAP (SEC GAAP) on base of the Russian accounting software 1C:Buhgalteria.
Ray Consulting have been chosen as auxiliary legal department of Restec-ICT, the exhibition company providing the annual international exhibition InfoCom under support of the Ministry of Information Technologies and Communications of the Russian Federation, which also is the central show indicating a realization of federal target program The Electronic Russia.
The PricewaterhouseCoopers auditor's conclusion of the Samsung Electronics Rus annual report upon the results of activities for 2005 have confirmed the correct financial reporting transformation from Russian accounting standards into GAAP, executed by Ray Consulting.
The project in telecommunication company Telecom-Center on transformation of the Russian financial reporting into the U.S. GAAP that has been successfully closed.
The trust company Finaway SA held a tender in the sphere of the legal consulting on model agreements preparation for the investment project on a multipurpose shopping mall construction in Krasnodar City. Despite our company has offered the best price from six bidders, the tender’s winner has been announced Deloitte and Touche Regional Consulting Services Limited. We congratulate colleagues and wish them every success!
Our company has won the Samsung Electronics Rus bid for setting-up and automation of the parallel accounting under the both standards: Russian and Samsung Electronics Co. GAAP (SEC GAAP).
Russian financial reporting has been transformed into the U.S. GAAP reporting for the USA company JIR Broadcast, Inc. owning the Russian multiple operator of a cable television and high-speed Internet networks.