RICHARDSON, Texas (Oct. 2, 2006) — A University of Texas at Dallas School of Management accounting professor and five Russian colleagues continue to chronicle change in Russia’s economic landscape in a recently released joint-research publication. Their work, Accounting, Auditing and Taxation in the Russian Federation [An Update] 2006 Study, builds on efforts initially undertaken in 1998 and comprehensively revised in 2001.

Dr.  Adolf J.H. Enthoven and his co-authors undertook the 2001 effort, and they reflect anew on developments over the past five years in accounting, auditing, financial education and taxation.

Enthoven, professor of accounting and director of the school’s Center for International Accounting Development, presided over the 2001 and 2006 studies. In the latest 80-page monograph, he and his fellow scholars commend the former Soviet republic for making great strides since the Soviet Union dissolved in late 1991 in modernizing accounting and auditing practices and gearing them toward a more open and market-oriented society.

But because “the whole notion of auditing is of recent origin in Russia,” the researchers comment extensively on auditing developments in the update.

They also assert that despite progress in other areas, development of management accounting and cost management “tend to be somewhat neglected” in Russia.

“We believe that a more profound concentration should be given to the areas of planning, decision-making and control for organizations, both private and public,” they write.

Jointly published by the UT Dallas School of Management’s Center for International Accounting Development and St. Petersburg State University in Russia, the study was produced by The University of Texas at Dallas Press.  Enthoven co-authored the work with St. Petersburg State University Professors Yaroslav V. Sokolov, Valery V. Kovalev and Svetlana M. Bychkova and Associate Professor Irina M. Smirnova with Maria V. Semenova, Ph.D., a tax consultant and member of the St. Petersburg House of Scientists.

About the UT Dallas School of Management

Faculty in the School of Management at The University of Texas at Dallas rank 33rd in research productivity nationwide, based on publications in the top 24 business journals spanning all areas of business.  Financial Times, using a broader set of 40 journals, ranks UT Dallas’ management faculty 32nd worldwide.  Financial Times also ranks the UT Dallas Executive MBA program 46th in the world and 25th in the U.S, and U.S. News and World Report lists UT Dallas’ full-time Cohort MBA program 54th nationwide and 25th at public colleges and universities in the United States.  The School of Management is the largest of UT Dallas’ seven schools, with an enrollment of nearly 4,700, of which 2,500 are graduate students.

About UT Dallas

The University of Texas at Dallas, located at the convergence of Richardson, Plano and Dallas in the heart of the complex of major multinational technology corporations known as the Telecom Corridor®, enrolls more than 14,500 students. The school’s freshman class traditionally stands at the forefront of Texas state universities in terms of average SAT scores. The university offers a broad assortment of bachelor’s, master’s and doctoral degree programs. For additional information about UT Dallas, please visit the university’s website at www.utdallas.edu.