The NOFA Foundation was addressed about the revealed potential distinction between Russian and English texts of paragraph 15A of IAS 17 "Leases".

Concerning the received address, expertize will be carried out. In the course of this expertise the potential distinction specified in the address will be considered regarding compliance of the text in Russian to the text in English.

Expertize is carried out on the basis of the Statute on recognition of International Financial Reporting Standards and Explanations of International Financial Reporting Standards for application in the territory of the Russian Federation, approved by the Resolution of the government of the Russian Federation of 25.02.2011 No. 107, and the Agreement on examination of applicability of International Financial Reporting Standards and Explanations of International Financial Reporting Standards in the territory of the Russian Federation, concluded between The NOFA Foundation and the Ministry of Finance of the Russian Federation.

It will be reported about results of expertize upon its completion.