Audit’s Credibility Guarantee

RussCom IT Systems was empowered to conduct exhibition statistics audits in Russia and the CIS countries in the end of 2004.

The company was elected as the official auditor by an open vote at the General Meeting of the Russian Union of Exhibitions and Fairs, its supreme body. After the election, the company was approved by the Global Association of the Exhibition Industry (UFI). The statistics audited by RussCom IT Systems are recognized by The Russian Chamber of Commerce and Industry (RF CCI).

The credibility of audited statistics and the procedure of the exhibition statistics audit are controlled by the RUEF and UFI. The company’s activity is periodically inspected. In particular, in 2008 the company passed a complex in-depth inspection by UFI’s Managing Director Vincent Gerard resulted in the highest assessment of quality and reliability.

RussCom IT Systems is included in the list of international organizations accredited to conduct exhibition audits by UFI.

Exhibition audit results provided by RussCom IT Systems are recognized by the Society for Voluntary Control of Fair and Exhibition Statistics (FKM) and are published in European and international exhibition guides.

In Russia, the classical image of a “good man” or an “honest merchant” directly corresponds to the notion of having a respected “business reputation.” It takes years and even decades of hard work to build up such an image, and it is valued as much that person’s skills and assets.

A respected business reputation is the most valuable asset an auditor can have. A sound business reputation in a major market means an opportunity for strategic development and gradual profit increase. For a minor market, such as the Russian exhibition market, it’s a matter of “life and death”.

The organizer, its competitor, their clients and supervising bodies monitor our work. Under the condition when “everyone knows everyone,” any deviation from the audit rules will entail very negative consequences.

In other words, it wasn’t easy for us to obtain the position of the exhibition auditor with an international status. We realize that any arrangements or misrepresentation of information during the audit will destroy our reputation and result in leaving the market.

Thus, there are no economic and especially moral or ethical reasons that could force us to distort the data that we produce.

The only thing that we can do to survive is very simple, and it is to do our work honestly.