SUSU Team Wins the First Place in International Olympiad on IFRS

Within the XII Eurasian Economic Forum of the Youth "Russia and the World in New Realities: Changing in World Economic Relations" held at Ural State University of Economics, an International Olympiad "Using IFRS in the National Regulation of Accounting" has been organized. Students from South Ural State University have delivered a successful presentation at the event and have won the first place in the Olympiad.

Nine teams participated in the Olympiad, they represented Samara State University of Economics, South Ural State University, RUDN University, Kazan Federal University, Karaganda Buketov University (Kazakhstan), Novosibirsk State University of Economics and Management, Surgut State University, Ufa State Petroleum Technological University, and Ural State University of Economics. 

The SUSU team composed of students of the Department of Economics and Finance Anna Galaktionova, Mariia Kononovich, and Arslan Yusupov successfully passed the selection round, in which more than 100 students from different universities of Russia and the near abroad participated, as they decided to test their knowledge of the international accounting and became the Olympiad participants.

In the final round the participants had to not only prove their knowledge of the International Financial Reporting Standards (IFRS) and their practical application when solving cases, but also participate in a creativity task. The team work was assessed by experts and potential employers: PwC international company, OOO "Praym-Region".

The SUSU team significantly surpassed their opponents and won the first place! The second prize was awarded to the student team from Kazan Federal University, and the third prize – to the student team from Samara State University of Economics.

Taiia Denisova, Candidate of Sciences (Economics), Associate Professor of the Department of Economics and Finance helped prepare the team to the Olympiad and supported them.

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