OREANDA-NEWS. June 28, 2010. International conference named “Reorganization as a tool for improvement of business’s efficiency”, arranged by Chief Financial Officers’ Club and CFO-Russia.ru took place in Moscow, reported the press-centre of FBK.

Cliff and FBK were the partners of the conference. During the event experts told about practical nuances of reorganization concerning business processes and structure of a company, as well as making of mergers and acquisitions transactions.

Ms. Irina Yutskovskaya, the director of FBK Accounting Advisory Department presented a report named “Reorganization procedures through accession”. She paid attention to the fact that reorganization through accession has its specific peculiarities in terms of form and arrangement of accounting process.

In particular, according to Ms. Yutskovskaya, a peculiar feature of accession is that the transferred assets can be evaluated at any cost upon decision of constitutors – according to residual cost, according to the current market cost or according to any other cost. “This means that if the residual cost is equal to zero according to accounting data in the accessed company, but the company has assets, such assets can be transferred while evaluated as equal to zero, or can be transferred according to any other evaluation”, - commented the expert. According to her, companies must use this right and to consider evaluation consciously. “At the same time, one must take into account that if assets belonging to the state partially or completely (federal assets, municipal assets) are engaged in reorganization, such assets must come through mandatory independent evaluation (according to the Law No. 135-FZ On Evaluation Activit”)”, - added Ms. Yutskovskaya.

Besides, the peculiarities of business reorganization during crisis and post-crisis periods, the methods for maximal efficient liquidation of a company, peculiarities of FES’s work during reorganization of a company, methods allowing overcoming of complicated issues at mergers of companies and other issues were considered.