Cooperation proves fruitful for Gazprom and PricewaterhouseCoopers
The Gazprom headquarters hosted today a working meeting of Alexey Miller, Chairman of the Company's Management Committee, Dannis Nally, Chairman of PricewaterhouseCoopers International and Richard Paterson, Global Energy, Utilities and Mining Leader of PricewaterhouseCoopers.
The meeting participants discussed progress with cooperation and stressed that the long-term partnership between Gazprom and PricewaterhouseCoopers proved fruitful.
In addition, the parties discussed options for providing the consulting services on taxation and, in this regard, stressed the importance of PricewaterhouseCoopers participation in establishing the consolidated group of taxpayers in Gazprom.
PricewaterhouseCoopers International Group of Companies is a global leader in auditing and consulting services. Through a network of its international representative offices, the PricewaterhouseCoopers Group provides professional services in many locations worldwide including Russia (via PricewaterhouseCoopers Audit and affiliated company PricewaterhouseCoopers Russia).
Gazprom and PricewaterhouseCoopers Audit started cooperation in 1995. Currently, PricewaterhouseCoopers Audit renders the following services to Gazprom:
- auditing annual accounting statements of Gazprom (parent company) filed pursuant to the requirements of the Russian legislation;
- auditing annual consolidated accounting statements of Gazprom Group filed in accordance with the requirements of the Russian legislation;
- auditing consolidated financial statements of Gazprom Group filed under the International Financial Reporting Standards.
PricewaterhouseCoopers Audit also serves as the auditor for a range of prominent subsidiaries of Gazprom.
A consolidated group of taxpayers is a voluntary association of organizations paying profit taxes, aiming at calculating and paying profit taxes based upon the aggregate business transactions of the group members.