The IFRS Foundation has announced the publication of translations of six new and revised standards into Russian. The translated standards are the “package of five” new and revised standards addressing the accounting for consolidation, involvements in joint arrangements and disclosure of involvements with other entities published by the IASB in May 2011, IFRS 13, Fair Value Measurement, published in May 2011 and the amended IAS 19, Employee Benefits, published in June 2011.