SOVIET ACCOUNTING POSES PROBLEMS

G. Alan Petzet Senior Staff Writer Non-Soviet companies negotiating joint enterprises with Soviet entities face radically different situations than they do in other countries with regard to accounting and communications. Accounting is performed in the Soviet Union for reasons entirely different from those in other countries. The focus of Soviet accounting is on determining whether individual businesses are meeting state production plans and whether they are appropriating state assets.

Apr 16th, 1990
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