accounting reporting of the organization is a unified document forms that fully disclose the financial condition of the company, describes the property, it belongs to and reflects the results of its operations for a certain period.It should be noted that the data presented in the report are considered to be indicators of interrelated and interdependent.That is, the information is valid, the property does not have a chance.
Thus, the financial statements periodically organizations developed on the basis of the general ledger, which is conducted during the reporting period.This is considered the balance of each account of this book.Entries are made either on the forms chosen by the company itself or use the form recommended by the Ministry of Finance and composed.
Under current law, any financial statements of the company must contain the basic documents.To those include balance sheet, income statement, the possible application to the report or the balance sheet, explanatory note when making adjustments and the conclusion of the audit, confirming the correctness of the calculations.In drawing up a balance is carried out a comparative analysis of the data of the previous period and reporting.If these figures for some reason do not match, then the justification for such discrepancies must be contained in the explanatory memorandum.
Typically, reports are compiled monthly and quarterly basis, but the outcome is considered to be the annual balance sheet.Interim reporting allows time to identify and resolve problems and shortcomings in the work of various departments, that in the future will save the company from serious problems.The official deadline for the development of the annual report is the period from January 1 until December 31.
accounting statements SP can be conducted in two ways: ordinary or simplified form.Moreover, the principal has the right to choose a specific scheme of accountant's sole discretion.In addition, if you first apply the simplified form, and then it became necessary to move to the complex, the individual entrepreneur is entitled to make such a transition in the next reporting period.Of course, this procedure must be performed in full compliance with requirements of applicable law.
When prepared financial statements of the company, a specialist should clearly remember the basic principles and strictly follow them.For example, the method of the balance sheet is secured in accounting policies.In addition, all data entered in the accounting document must be supported by foundations, truthful and timely.Any operation should be reflected in the balance sheet, and withholding information is illegal.An important requirement is the need for full compliance with the input data to the totals in the previous period.Amendments may be made only with the application of the explanatory note.
Furthermore, each enterprise should conduct an audit of financial statements of the organization, that is to verify the correctness and validity of each entry in the accounts, as well as the correct calculation of key indicators.This check can be carried out by a special unit, or by an authorized person, and in some cases, the company considers it appropriate to resort to a specialized firm.If the results of the audit revealed errors and omissions, the reporting accountant returns to make appropriate adjustments.
specialist is required to develop a report in the national currency and in the language of our country.The current legislation distinguishes a group of economic entities, responsibility is to publish a report in the official publications.Financial statements of the organization should be printed and published no later than June of the year future period.
