Although the development of audit laws in Russia corresponds Contribution/ OriginalityIn the scope of this study, using statistical data of the Russian Ministry of Finance, main indicators pertaining to the audit of the 2013-2014 year are included. As a result of examination of the information for every two years, both positive and negative developments in the audit field have been revealed. In this context, this study, including legal developments in Russia and comparative data, will add value to the relevant literature.

Foreign direct investment may be an important source of economic development for nations. Acceleration of mobility of capital with globalization has increased foreign direct investment flows around the world. Although being one of the largest economies in the world, Russia has not been getting expected amount of foreign direct investment. Furthermore, foreign direct investment to Russia has been concentrating in a limited number of regions, amplifying regional inequalities. Inadequate foreign direct investment performance of Russia is a result of structural imbalances and legal background. In this study, importance and development of foreign direct investment in the Russian economy are investigated. In this context, benefits and negative impacts of foreign direct investment to the Russian economy and its negative impacts on it were discussed. Factors which make the country attractive to the foreign direct investment and impede foreign investment were examined as well as the sources of and solutions to the problem of uneven regional distribution of foreign direct investment. In order for Russia to attract more foreign direct investment, a favorable investment climate must be formed with modifications at the state policy level. Strategic participatory regional planning approach must be adopted to increase FDI flows to the Russian regions.

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To survive in modern market conditions, as well as to participate in the ever-increasing competitive struggle, companies need to conduct their activities more effectively, which means that they constantly need to make a variety of decisions, which in turn entails the need to constantly give a real assessment of the effectiveness of the decisions and projects being implemented, competently conduct economic analysis, find reserves for this activity. This is where the relevance of the development of the basic methodological principles of economic analysis in the conditions of risk and uncertainty in an industry based on scientific basis taking into account the specific characteristics of the sector in question.The subject of this study is a set of both theoretical and practical aspects of analyzing the activities of petrochemical companies under conditions of risk and uncertainty, while the object of the study is Russian and foreign petrochemical and gas processing companies operating in the current conditions of the industry development.The purpose of this study is to formulate a methodology for analyzing the main indicators of the activities of petrochemical and gas processing companies and making decisions under conditions of risk and uncertainty.The development of methodological principles is supposed to be carried out on the basis of the classical scientific and methodological base, taking into account the industry specific features of the activities of petrochemical and gas processing companies. In this paper, a study of modern methods of analyzing the effectiveness of activities is carried out, and the novelty of this work consists in combining the classical theory of economic analysis with the practical methods used today by petrochemical and gas producing companies in the process of their financial and economic activities.

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