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What does RAS stand for?

RAS stands for Russian Accounting Standard

This definition appears rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of RAS

Other Resources:
We have 411 other meanings of RAS in our Acronym Attic

Samples in periodicals archive:

But 'Argus' said on July 31 "the figures, compiled under Russian accounting standards, reflect the performance of only 22 of LUKoil's subsidiaries".
As a result, Russian accounting standards have become the usual basis of financial analysis because only data based on them are available across companies and allow for comparison.
Among other issues the Board recommended the AGM to consider the following: * Approve the Company's Annual Report; * Approve the Company's Russian Accounting Standards annual financial statements for 2008; * Elect the members of the Board of Directors; * Elect the members of the Audit Committee; * Approve the distribution of profits and losses of the Company based on the full year 2008 results, including size, order, form and timing of dividends payment; * Approve Sistema's auditors.