In compliance with the Board of Directorsí recommendations, PricewaterhouseCoopers Audit has been endorsed by Gazpromís Annual General Shareholdersí Meeting as the Companyís auditor for 2005.
PricewaterhouseCoopers Audit is the Russian branch of the PricewaterhouseCoopers International Group of Companies - a global leader in auditing and consulting services. The company performs its professional services in many locations worldwide through a network of its international representative offices.
PricewaterhouseCoopers first appeared on the Russian market back in 1913. After a long period of absence, the company resumed its business in Russia in 1989.
Gazprom and PricewaterhouseCoopers Audit launched cooperation in 1995. Currently, PricewaterhouseCoopers Auditís services being rendered to Gazprom are as follows:
- auditing Gazpromís (parent companyís) financial statements pursuant to the requirements of the Russian legislation;
- auditing the Gazprom Groupís annual consolidated financial statements filed in accordance with the requirements of the Russian legislation;
- auditing the Gazprom Groupís annual consolidated financial statements filed under the International Financial Reporting Standards.
PricewaterhouseCoopers Audit is also serving as auditor for Gazpromís major subsidiaries.
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