In DEMO mode, you have access to the first few pages of paid and free documents.
To view the full texts of free documents, you must log in or register.
To obtain full access to documents, you must pay for access.

Database update date:

Total documents in the database:

ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

On approval of the Regulations on accounting and financial reporting in the Russian Federation

(As amended by Orders of the Ministry of Finance of the Russian Federation dated December 30, 1999 No. 107n, March 24, 2000 No. 31n, September 18, 2006 No. 116n, March 26, 2007 No. 26n, October 25, 2010 No. 132n, 24.12 .2010 No. 186n, 03.29.2017 No. 47n)

In pursuance of the Program for reforming accounting in accordance with international financial reporting standards, approved by Decree of the Government of the Russian Federation dated March 6, 1998 N283, and order of the Government of the Russian Federation dated March 21, 1998 N382-r, I order:

2. To recognize as invalid:

Order of the Ministry of Finance of the Russian Federation dated December 26, 1994 N170 “On the Regulations on Accounting and Reporting in the Russian Federation”;

paragraph 3 of the order of the Ministry of Finance of the Russian Federation dated February 3, 1997 N8 “On the quarterly financial statements of the organization.”

Regulations on accounting and financial reporting in the Russian Federation

I. General provisions

1. These Regulations on accounting and financial reporting in the Russian Federation (hereinafter referred to as the Regulations) were developed on the basis of the Federal Law “On Accounting”.

Branches and representative offices of foreign organizations located on the territory of the Russian Federation can keep accounting records based on the rules established in the country where the foreign organization is located, if the latter do not contradict the International Financial Reporting Standards developed by the International Financial Reporting Standards Committee.

3. The Ministry of Finance of the Russian Federation, on the basis of the Federal Law “On Accounting”, develops and approves provisions (standards) for accounting, other regulatory legal acts and methodological guidelines for accounting, forming a system of regulatory regulation of accounting and mandatory for execution by organizations in the territory Russian Federation, including when carrying out activities outside the Russian Federation.

4. In accordance with the Federal Law “On Accounting”:

a) lost force in accordance with Order of the Ministry of Finance of the Russian Federation dated March 29, 2017 No. 47n

b) lost force in accordance with Order of the Ministry of Finance of the Russian Federation dated March 29, 2017 No. 47n

c) the main objectives of accounting are:

generation of complete and reliable information about the organization’s activities and its property status, necessary for internal users of financial statements - managers, founders, participants and owners of the organization’s property, as well as external users - investors, creditors and other users of financial statements;

The full text is available after registration and payment for access.

Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34 n (as amended on December 24, 2010)

MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

ORDER

ON APPROVAL OF THE REGULATIONS FOR MAINTENANCE OF ACCOUNTING AND ACCOUNTING REPORTS IN THE RUSSIAN FEDERATION

(as amended by Orders of the Ministry of Finance of the Russian Federation dated December 30, 1999 No. 107 n, dated March 24, 2000 No. 31 n, dated September 18, 2006 No. 116 n, dated March 26, 2007 No. 26 n, dated December 24, 2010 No. 184 n as amended, introduced by the decision of the Supreme Court of the Russian Federation dated August 23, 2000 No. GKPI 00-645)

In pursuance of the Program for reforming accounting in accordance with international financial reporting standards, approved by Decree of the Government of the Russian Federation of March 6, 1998 No. 283, and order of the Government of the Russian Federation of March 21, 1998 No. 382-r, I order:

1. Approve the attached Regulations on accounting and financial reporting in the Russian Federation.

2. To recognize as invalid:

Order of the Ministry of Finance of the Russian Federation dated December 26, 1994 No. 170 “On the Regulations on Accounting and Reporting in the Russian Federation”;

paragraph 3 of Order of the Ministry of Finance of the Russian Federation dated February 3, 1997 No. 8 “On the quarterly financial statements of the organization.”

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 106 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 106 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on October 27, 2008 No. 12522 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated October 6, 2008 No. 106 N ON APPROVAL OF REGULATIONS ON ACCOUNTING (as amended by Orders Ministry of Finance of the Russian Federation dated March 11, 2009 No. 22 n, dated

Order of the Ministry of Finance of the Russian Federation dated October 24, 2008 No. 116 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 24, 2008 No. 116 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on November 24, 2008 No. 12717 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated October 24, 2008 No. 116 N ON APPROVAL OF THE REGULATION ON ACCOUNTING “ACCOUNTING FOR CONSTRUCTION CONTRACTS” » (PBU

Order of the Ministry of Finance of the Russian Federation dated November 27, 2006 No. 154 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated November 27, 2006 No. 154 n (as amended on December 24, 2010) Registered with the Ministry of Justice of the Russian Federation on January 17, 2007 No. 8788 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated November 27, 2006 No. 154 N ON APPROVAL OF THE REGULATIONS ON ACCOUNTING “ACCOUNTING FOR ASSETS AND LIABILITIES , THE COST OF WHICH

Order of the Ministry of Finance of the Russian Federation dated 07/06/1999 No. 43 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated July 6, 1999 No. 43 n (as amended on November 8, 2010) MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER No. 43 dated July 6, 1999 ON APPROVAL OF THE ACCOUNTING REGULATIONS “ACCOUNTING REPORTING OF THE ORGANIZATION NIZATION" (PBU 4/99) (as amended. Orders of the Ministry of Finance of the Russian Federation dated September 18, 2006 No. 115 n, dated November 8, 2010 No. 142

Order of the Ministry of Finance of the Russian Federation dated 06/09/2001 No. 44 n (as amended on 10/25/2010)

Order of the Ministry of Finance of the Russian Federation dated 06/09/2001 No. 44 n (as amended on October 25, 2010) Registered with the Ministry of Justice of the Russian Federation on July 19, 2001 No. 2806 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER No. 44 dated June 9, 2001 ON APPROVAL OF ACCOUNTING REGULATIONS GALTER ACCOUNTING “ACCOUNTING FOR MATERIAL AND PRODUCTION RESERVES" (PBU 5/01) (in

Order of the Ministry of Finance of the Russian Federation dated November 25, 1998 No. 56 n (as amended on December 20, 2007)

Order of the Ministry of Finance of the Russian Federation dated November 25, 1998 No. 56 n (as amended on December 20, 2007) Registered with the Ministry of Justice of the Russian Federation on December 31, 1998 No. 1674 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated November 25, 1998 No. 56 N ON APPROVAL OF REGULATIONS ON BU ACCOUNTING FOR EVENTS AFTER THE REPORTING DATE "(PBU 7/98) (as amended)

Order of the Ministry of Finance of the Russian Federation dated 05/06/1999 No. 32 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated May 6, 1999 No. 32 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on May 31, 1999 No. 1791 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER No. 32 dated May 6, 1999 ON APPROVAL OF ACCOUNTING REGULATIONS GALTER ACCOUNTING “ORGANIZATION’S INCOME” ( PBU 9/99) (as amended by Orders of the Ministry of Finance of the Russian Federation dated

Order of the Ministry of Finance of the Russian Federation dated 05/06/1999 No. 33 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated May 6, 1999 No. 33 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on May 31, 1999 No. 1790 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER No. 33 dated May 6, 1999 ON APPROVAL OF ACCOUNTING REGULATIONS GALTER ACCOUNTING “ORGANIZATION EXPENSES” ( PBU 10/99) (as amended by Orders of the Ministry of Finance of the Russian Federation

Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 No. 143 n

Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 No. 143 n Registered with the Ministry of Justice of the Russian Federation on December 14, 2010 No. 19171 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated November 8, 2010 No. 143 n ON APPROVAL OF THE ACCOUNTING REGULATIONS “INF” ORMATION BY SEGMENTS" (PBU 12/2010)In order to improve

Order of the Ministry of Finance of the Russian Federation dated December 27, 2007 No. 153 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated December 27, 2007 No. 153 n (as amended on December 24, 2010) Registered with the Ministry of Justice of the Russian Federation on January 23, 2008 No. 10975 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated December 27, 2007 No. 153 N ON APPROVAL OF THE REGULATION ON ACCOUNTING “ACCOUNTING FOR INTANGIBLE ASSETS” (PBU 14/2007) (as amended)

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 107 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 107 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on October 27, 2008 No. 12523 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated October 6, 2008 No. 107 N ON APPROVAL OF THE REGULATIONS ON ACCOUNTING “ACCOUNTING FOR LOAN COSTS” AND LOANS" (PBU 15/2008) (in

Order of the Ministry of Finance of the Russian Federation dated July 2, 2002 No. 66 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated July 2, 2002 No. 66 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on August 2, 2002 No. 3655 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER No. 66 dated July 2, 2002 ON APPROVAL OF ACCOUNTING REGULATIONS ALTER ACCOUNTING “INFORMATION ON DISCONTINUED OPERATIONS” » (PBU 16/02) (in

Order of the Ministry of Finance of the Russian Federation dated November 19, 2002 No. 114 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated November 19, 2002 No. 114 n (as amended on December 24, 2010) Registered with the Ministry of Justice of the Russian Federation on December 31, 2002 No. 4090 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated November 19, 2002 No. 114 N ON APPROVAL OF THE REGULATIONS ON ACCOUNTING “ACCOUNTING FOR TAX CALCULATIONS” FOR THE PROFIT OF ORGANIZATIONS"

Order of the Ministry of Finance of the Russian Federation dated December 10, 2002 No. 126 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated December 10, 2002 No. 126 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on December 27, 2002 No. 4085 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated December 10, 2002 No. 126 N ON APPROVAL OF THE REGULATIONS ON ACCOUNTING “ACCOUNTING FOR FINANCIAL INVESTMENTS” (PBU 19/02) (as amended)

Order of the Ministry of Finance of the Russian Federation dated June 28, 2010 No. 63 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated June 28, 2010 No. 63 n (as amended on November 8, 2010) Registered with the Ministry of Justice of the Russian Federation on July 30, 2010 No. 18008 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated June 28, 2010 No. 63 N ON APPROVAL OF REGULATIONS ON B ACCOUNTING “CORRECTING ERRORS IN ACCOUNTING ACCOUNTING AND

Order of the Ministry of Finance of the Russian Federation dated December 13, 2010 No. 167 n

Order of the Ministry of Finance of the Russian Federation dated December 13, 2010 No. 167 n Registered with the Ministry of Justice of the Russian Federation on February 3, 2011 No. 19691 MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION ORDER dated December 13, 2010 No. 167 n ON APPROVAL OF THE REGULATIONS ON ACCOUNTING “OC NIGHT LIABILITIES, CONTINGENT LIABILITIES AND CONTINGENCIES

Legislative framework of the Russian Federation

Free consultation

Federal legislation

home
ORDER of the Ministry of Finance of the Russian Federation dated July 29, 1998 N 34n (as amended on December 24, 2010) “ON APPROVAL OF THE REGULATIONS ON ACCOUNTING AND ACCOUNTING REPORTING IN THE RUSSIAN FEDERATION”

The document was not published in this form
(as amended on July 29, 1998 - “Financial Gazette” N 98-36, 09/07/98
“Bulletin of normative acts of federal executive bodies
authorities", N 23, 09.14.98
"Rossiyskaya Gazeta", N 208, 10/31/98)

In pursuance of the Program for reforming accounting in accordance with international financial reporting standards, approved by Decree of the Government of the Russian Federation of March 6, 1998 N 283, and the order of the Government of the Russian Federation of March 21, 1998 N 382-r, I order:

1. Approve the attached Regulations on accounting and financial reporting in the Russian Federation.

2. To recognize as invalid:

Order of the Ministry of Finance of the Russian Federation of December 26, 1994 N 170 “On the Regulations on Accounting and Reporting in the Russian Federation”

paragraph 3 of Order of the Ministry of Finance of the Russian Federation dated February 3, 1997 No. 8 “On the quarterly financial statements of the organization.”

APPROVED
By order of the Ministry of Finance
Russian Federation
dated July 29, 1998 N 34n

Reflection of purchased software in light of new accounting regulations

The organization applies a general taxation system. In February 2011, for computers already in use, non-exclusive rights to Windows-based software were purchased in the amount of 20 pieces at a price of 5,290 rubles for a total cost of 105,800 rubles. According to the terms of the purchase and sale agreement, the period of use of the program is not limited. The remuneration amount is paid by the organization in a lump sum. How to reflect these expenses in accounting in connection with the new edition of clause 65 of Order of the Ministry of Finance of Russia dated July 29, 1998 N 34n, approved by Order of the Ministry of Finance dated December 24, 2010 N 186n?

Having considered the issue, we came to the following conclusion:

In our opinion, the entry into force of the new edition of clause 65 of the Regulations on maintaining accounting and financial statements in the Russian Federation, approved by order of the Ministry of Finance of Russia dated July 29, 1998 N 34n, provides grounds for applying the rules for accounting for expenses for the acquisition of non-exclusive rights to software in accordance with clause 39 PBU 14/2007, that is, using account 97 “Deferred expenses”.

Rationale for the conclusion:

Relations related to the legal protection and use of computer programs and databases are regulated by Part 4 of the Civil Code of the Russian Federation. Exclusive rights belong to the copyright holder (Article 1229 of the Civil Code of the Russian Federation). The conclusion of a license agreement does not entail the transfer of the exclusive right to the licensee (Article 1233 of the Civil Code of the Russian Federation).

To accept an object for accounting as an intangible asset, it is necessary to simultaneously fulfill the conditions listed in clause 3 of PBU 14/2007 “Accounting for intangible assets”.

In the situation under consideration, the organization acquired a non-exclusive right to use the result of intellectual activity (computer program).

Therefore, a computer program cannot be included in intangible assets, since in accordance with paragraph 3 of PBU 14/2007, only objects to which the organization has acquired exclusive rights are included in intangible assets.

But at the same time, the organization receives for the duration of the agreement for temporary use an intangible asset belonging to the licensor organization.

Paragraph 39 of PBU 14/2007 provides that intangible assets received for use are accounted for by the user (licensee) on an off-balance sheet account in an assessment determined based on the amount of remuneration established in the agreement.

At the same time, clause 39 of PBU 14/2007 provides that payments for the granted right to use intellectual property:

- made in the form of periodic payments, calculated and paid in the manner and within the terms established by the agreement, are included by the user in the expenses of the reporting period;

- made in the form of a fixed one-time payment, are reflected in the accounting records of the user as deferred expenses and are subject to write-off during the term of the contract.

In the situation under consideration, the specified program will be used by you for production purposes and, accordingly, the costs of its acquisition are recognized in accounting as expenses for ordinary activities on the basis of clause 5 and clause 7 of PBU 10/99 “Organizational Expenses”.

Paragraph 19 of PBU 10/99 “Expenses of the organization” indicates that expenses are recognized in the income statement through their reasonable distribution between reporting periods, when expenses determine the receipt of income over several reporting periods and when the relationship between income and expenses cannot be determined clearly or indirectly determined. Moreover, expenses are recognized in the reporting period in which they occurred, regardless of the time of actual payment of funds (clause 18 of PBU 10/99).

In accordance with clause 65 of the Regulations on accounting and financial reporting in the Russian Federation, approved by order of the Ministry of Finance of Russia dated July 29, 1998 N 34n (hereinafter referred to as the Regulations), as amended before January 1, 2011, the costs incurred by the organization in the reporting period, but relating to the following reporting periods are reflected in the balance sheet as a separate item as deferred expenses and are subject to write-off in the manner established by the organization (uniformly, in proportion to the volume of production, etc.) during the period to which they relate.

We note that by Order of the Ministry of Finance of Russia dated December 24, 2010 N 186n (hereinafter referred to as Order N 186n), changes were made to a number of regulatory acts on accounting, which came into force on January 1, 2011.

In particular, clause 65 of the Regulations is set out in a new edition, according to which costs incurred by the organization in the reporting period, but relating to subsequent reporting periods, are reflected in the balance sheet in accordance with the conditions for recognition of assets established by regulatory legal acts on accounting, and are subject to write-off in the manner established for writing off the cost of this type (clause 14, clause 1 of the appendix to Order No. 186n).

Based on a straightforward reading of the amended norm of clause 65 of the Regulations, it follows that it is possible to take into account costs as deferred expenses only if the costs incurred correspond to the concept of an asset. Let us note that assets include any property, regardless of its form (tangible or intangible), that has a monetary value, from which a useful effect is expected in the future.

In other words, it is possible to take into account certain expenses as deferred expenses only if this is established by regulatory legal acts on the accounting of certain assets.

In the case under consideration, clause 39 of PBU 14/2007 applies to the costs of acquiring non-exclusive rights.

To summarize information on expenses incurred in a given reporting period, but relating to future reporting periods, the Chart of Accounts for accounting financial and economic activities of organizations and instructions for its application, approved by Order of the Ministry of Finance of Russia dated October 31, 2000 N 94n, account 97 “Expenses” is intended future periods." Please note that the Chart of Accounts has not changed since 2011 and the list of accounting objects on account 97 is open.

Thus, if the purchased program is intended to be used for its intended purpose over several reporting periods, the costs of its acquisition may initially be reflected in the accounting records as a debit to account 97 “Deferred expenses” with their subsequent debit to the production cost accounts in the manner established by the organization .

Order of the Ministry of Finance of Russia dated July 2, 2010 N 66n “On the forms of financial statements of organizations” (hereinafter referred to as Order N 66n) approved new forms of the balance sheet and profit and loss statement, as well as forms of annexes to the balance sheet and profit and loss statement (forms statement of changes in capital, statement of cash flows, report on the intended use of funds received).

According to the clarifications of the Ministry of Finance of Russia, the forms of interim financial statements for 2011 must correspond to the forms of annual financial statements for this year and, therefore, when preparing reports for the first quarter of 2011, it is necessary to fill out new forms (see letter dated January 24, 2011 N 07-02-18/01 “Recommendations for audit organizations, individual auditors, and auditors for conducting an audit of the annual financial statements of organizations for 2010”).

In the new form of the balance sheet, there is no line intended to account for deferred expenses.

In our opinion, assets of this type should be reflected in the line “Other current assets”.

Prepared answer:
Expert of the Legal Consulting Service GARANT
Karataeva Tatyana

Response quality control:
Reviewer of the Legal Consulting Service GARANT
Myagkova Svetlana

The material was prepared on the basis of individual written consultation provided as part of the Legal Consulting service.

Accounting innovations of 2011 (order No. 186n)

Note:

Innovations 2011

Note:
* Read about support in “1C: Accounting 8” for changes in legislation in accordance with this order in the next issue. The update has already been released.

Order of the Ministry of Finance of Russia dated December 24, 2010 No. 186n (hereinafter referred to as Order No. 186n) introduced changes to a number of regulatory legal acts on accounting:

Regulations on accounting and financial reporting in the Russian Federation, approved. by order of the Ministry of Finance of Russia dated July 29, 1998 No. 34n (hereinafter referred to as Regulation No. 34n);
PBU 6/01 “Accounting for fixed assets”;
PBU 14/2007 “Accounting for intangible assets”;
PBU 18/02 “Accounting for corporate income tax calculations”;
PBU 3/2006 “Accounting for assets and liabilities, the value of which is expressed in foreign currency.”

In addition, the changes affect the Guidelines for the accounting of fixed assets, approved by order of the Ministry of Finance of Russia dated October 13, 2003 No. 91n, Guidelines for the accounting of inventories, approved by order of the Ministry of Finance of Russia dated December 28, 2001 No. 119n, Guidelines for the accounting of special instruments and etc., approved by order of the Ministry of Finance of Russia dated December 26, 2002 No. 135n. Many changes in them are related to bringing the manuals into compliance with the current edition of the PBU.

The order was registered with the Ministry of Justice of Russia on February 22, 2011 No. 19910 and comes into force with the 2011 financial statements.

The cost of property included in the fixed assets has been increased to 40 thousand rubles

Order No. 186n increased the limit on the value of property included in fixed assets from 20,000 to 40,000 rubles (paragraph 4, clause 5 of PBU 6/01). This will relieve accountants from the need to apply PBU 18/02, since the cost criterion for classifying property as fixed assets in accounting and tax accounting now coincides (clause 1 of Article 256 and clause 1 of Article 257 of the Tax Code of the Russian Federation). In addition, these innovations will help companies reduce property taxes.

As soon as the order is published, it will come into force. Innovations will require changes to the accounting policies of organizations for accounting purposes. Let us recall that in accordance with paragraph 10 of PBU 1/2008, changes in accounting policies can be made in connection with changes in regulatory legal acts on accounting. In the event that changes in accounting policies are associated with changes in the legislation of the Russian Federation or regulatory acts on accounting, the consequences of such changes are reflected in accounting in the manner specified in the relevant regulatory act (clause 14 of PBU 1/2008). Since Order No. 186n does not provide for transitional provisions, the new changes should be extended to transactions carried out since 01/01/2011 (clause 3 of Order No. 186n).

These changes do not require any modifications or settings in the 1C: Accounting program, since the limit for accounting for assets as part of inventories is not explicitly set anywhere in the program. The accountant himself decides how to take into account this or that asset, depending on the provisions of his accounting policy.

However, due to the fact that the registration of Order No. 186n was clearly late, in the first quarter of 2011 operations to capitalize assets were already completed taking into account the old standard, the question arises as to what date these adjustments should be reflected and how this will affect property tax for the first quarter of 2011?

Since on the date of submission of the property tax return for the first quarter of 2011, the rules for accounting for fixed assets have already changed, the accounting policy has already been changed since 01/01/2011, the corresponding adjustments (transfer of individual objects received in 2011 from fixed assets to materials, recalculation of amounts accrued depreciation and expenses) should already be included in accounting, then the amount of tax for the first quarter of 2011 should be calculated based on the new rules.

According to the author, there is no point in waiting for any clarification from the Ministry of Finance and overpaying property taxes. The residual value of fixed assets as of 01.02 and 01.03 for the purposes of calculating property tax must be adjusted based on the new rules.

A different approach would mean that it would be impossible to correctly calculate property taxes in the event of any errors regarding the residual value of fixed assets.

Usually they draw up certificates indicating those values that are de facto not included in accounting, but which should be as if there were no errors, and based on them the tax is calculated correctly.

This logic is quite applicable to our case under consideration. And after making changes to the accounting policy, we recommend calculating the tax based on the provisions that the cost of fixed assets is from 20,000 rubles. up to 40,000 rubles purchased from January 1, 2011 were written off as material expenses in a timely manner. Of course, provided that in the accounting policy for accounting purposes, the taxpayer has established a limit for classifying assets worth over 40,000 rubles as fixed assets.

In the 1C:Accounting program, these adjustments are easy to make; it is enough to show the operations of accepting fixed assets for accounting as “unperformed”, change the value limit to a new one with the date 01/01/2011, and re-perform previously entered operations.

Revaluation of non-current assets

Amendments have been made to PBU 14/2007 “Accounting for Intangible Assets”, PBU 6/01 “Accounting for Fixed Assets”, as well as to the Guidelines for Accounting for Fixed Assets regarding the revaluation of fixed assets and intangible assets.

Firstly, Now such a revaluation will be carried out, and its results will be reflected in the reporting not at the beginning of the year, as before, but at the end of the reporting year.

The issue of revaluation at the end of 2010 remains open. If companies carried it out according to the old rules and reflected it in their reports as of 01/01/2011, then they acted correctly. Formally, it turns out that they have the right to re-evaluate these objects at the end of 2011. It seems that it would be better for reporting users to provide information about this fact in the notes to the annual reporting.

Secondly, from 2011, it will be necessary to revaluate all non-current assets, and not just fixed assets and intangible assets (new edition of Regulation No. 34n).

Third An important change concerns the treatment of revaluation results. The amount of revaluation of an object (fixed assets or intangible assets), equal to the amount of its depreciation, as well as the amount of depreciation as a result of revaluation of the object is now included in the financial result as other expenses (account 91 “Other income and expenses”), without changing the accounting account retained earnings/uncovered loss (account 84 “Retained earnings”). In other words, companies can adjust their financial results as of the reporting date by revaluation. True, you will have to pay property tax on such revaluation in accordance with Article 374 of the Tax Code of the Russian Federation.

An example of recalculating the value of an object during the first revaluation and subsequent additional valuations and markdowns is given in paragraph 48 of the Guidelines for accounting of fixed assets (approved by order of the Ministry of Finance of Russia dated October 13, 2003 No. 91n). In this example, by order No. 186n, changes were made to take into account the new procedure for assigning amounts to other income and expenses.

We also note in passing other changes made to these Guidelines.

The provision that land plots and environmental management facilities (water, subsoil and other natural resources) are not subject to revaluation was excluded from paragraph 43. This provision of the Guidelines expanded the restrictions established in PBU 6/01. The PBU states that these objects are not depreciated (clause 17), but there is no question that they are not subject to revaluation.

The last paragraph was excluded from paragraph 53, which stated that fixed assets with a cost of no more than 10,000 rubles per unit, as well as purchased books, brochures, etc. publications, are allowed to be written off as production costs (selling expenses) as releasing them into production or operation. In order to ensure the safety of these objects, the organization must organize control over their movement. This is due to the fact that paragraph 5 of PBU 6/01 prescribes the rules for accounting for “low-value” assets that meet the criteria of fixed assets, the value of which is below the limit established by the organization in its accounting policy.

In paragraph 79 of the Methodological Instructions, the provision on how to take into account parts, assemblies and assemblies of a disposed fixed asset item, suitable for the repair of other fixed assets, as well as other materials, has been changed. Previously, it was indicated that they are accounted for at current market value as a debit to the materials account in correspondence with a credit to the profit and loss account as operating income. Now they have indicated that the income should be reflected on the date of write-off of fixed assets, and the words about correspondence of accounts have been removed. Paragraph 54 of Regulation 34n was also brought into compliance with these changes.

Clause 84 of the Methodological Instructions, which described what correspondence should be used when writing off a retired fixed asset, was declared invalid. Previously, operations were “collapsed” in a separate subaccount to account 01 “Fixed Assets” and then the difference between the original (replacement) cost and accrued depreciation was charged to operating expenses. This rule conflicts with paragraph 31 of PBU 6/01, which states that income and expenses from write-offs from accounting must be credited to the profit and loss account as other income and expenses.

As for the “collapse” of the initial cost and the amount of depreciation, in the Instructions for the application of the Chart of Accounts for accounting of financial and economic activities of organizations, approved. Order of the Ministry of Finance of Russia dated October 31, 2000 No. 94n (comments to accounts 01 “Fixed assets” and 02 “Depreciation of fixed assets”) states the following: “To account for the disposal of fixed assets (sale, write-off, partial liquidation, transfer for free, etc.), a subaccount “Retirement of fixed assets” can be opened to account 01 “Fixed Assets”. The cost of the disposed object is transferred to the debit of this subaccount, and the amount of accumulated depreciation is transferred to the credit. Upon completion of the disposal procedure, the residual value of the object is written off from account 01 “Fixed assets” to account 91 “Other income and expenses”«.

Upon disposal (sale, write-off, partial liquidation, transfer free of charge, etc.) of fixed assets, the amount of depreciation accrued on them is written off from account 02 “Depreciation of fixed assets” to the credit of account 01 “Fixed assets” (sub-account “Disposal of fixed assets”). A similar entry is made when writing off the amount of accrued depreciation for missing or completely damaged fixed assets. In other words, the procedure for accounting for the disposal of fixed assets is regulated in the Instructions to the Chart of Accounts, and duplication of this text in the Methodological Instructions was unnecessary.

The last change is that from paragraph 24 of the Methodological Instructions the text stating that the actual costs of acquisition, construction and production of fixed assets includes registration fees made in connection with the acquisition (receipt) of rights to an object of fixed assets is excluded. There have been no such fees for a long time, and we can only talk about collecting government fees for the corresponding registration actions.

Be careful with real estate

The text of paragraph 52 of the Methodological Instructions for Accounting for Fixed Assets, which was criticized by experts, has been adjusted. Now it sounds like this “For real estate objects for which capital investments have been completed, depreciation is accrued in the general manner from the first day of the month following the month the object was accepted for accounting. Real estate objects, the ownership rights to which are not registered in the manner prescribed by law, are accepted for accounting as fixed assets with allocation in a separate sub-account to the fixed assets accounting account.”.

Let us recall that the previous version of this paragraph allowed for two options for recording actually operated real estate, depending on the transfer of documents for state registration. They could be taken into account in unfinished capital investments or as part of the operating system. This “liberty” led to underpayment of property taxes. This provision has remained since the old days, when this tax was imposed on objects taken into account both as part of fixed assets and in unfinished capital investments.

Changes were made to PBU 6/01 long ago regarding the criteria for recognition of OS, but they did not affect the Methodological Instructions. And the Ministry of Finance of Russia has repeatedly explained that capital construction projects are included in fixed assets subject to the conditions established in this PBU (letters of the Ministry of Finance of Russia dated 03/03/2009 No. 03-05-05-01/15, dated 08/09/2006 No. 03-06 -01-04/154, dated 08/03/2006 No. 03-06-01-04/151).

The rules for accounting for unfinished capital investments have also been changed in paragraph 41 of Regulation No. 34n. According to the previous version of this paragraph, these included objects that were not formalized with documents confirming the state registration of real estate in cases established by law. In the new version of this paragraph, this requirement was excluded, as well as the text stating that capital construction projects that are in temporary operation, before they are put into permanent operation, are reflected as unfinished capital investments. Now all three documents - Regulation No. 34n, PBU 6/01 and Methodological Instructions - do not contain contradictions.

Exchange differences on assets and liabilities abroad

According to the new edition of paragraph 19 of PBU 3/2006 “Accounting for assets and liabilities, the value of which is expressed in foreign currency,” the difference arising as a result of recalculation of the value of assets and liabilities of an organization expressed in foreign currency, used to conduct activities outside the Russian Federation, is now subject to crediting not on the financial results of the organization, and in additional capital. This paragraph is also supplemented by a rule according to which, when an organization terminates (completely or partially) its activities outside Russia, part of the additional capital corresponding to the amount of exchange rate differences related to the discontinued activities is added to the financial result of the organization (as other income or other expenses).

Clarifying the wording of deferred tax assets and liabilities

Changes have been made to paragraphs 14, 15, 19, 24, 25 of the Accounting Regulations “Accounting for income tax calculations” PBU 18/02.

Changes to paragraphs 14 and 15 of the PBU eliminate a technical error in the presentation of the calculation of deferred tax assets and liabilities. The formula given is not for their calculation, but for changing their value. For example, the change in the value of deferred tax assets in the reporting period is equal to the value defined as deductible temporary differences that arose (settled) in the reporting period, multiplied by the income tax rate established by the legislation of the Russian Federation on taxes and fees and in effect on the reporting date.

In the event of a change in income tax rates in accordance with the legislation of the Russian Federation on taxes and fees, the amount of deferred tax assets is subject to recalculation on the date preceding the date on which the changed rates begin to be applied. In this case, the differences in recalculation are not applied to the account of retained earnings (uncovered loss), but to the profit and loss account with reflection in a separate item of the profit and loss statement (after the item of the current income tax).

According to the new text of paragraph 24 of PBU 18/02, the income statement reflects not deferred tax assets and deferred tax liabilities, but their changes. If there are such changes, their reasons should be described in detail in the explanatory note (clause 25 in the new edition).

Paragraph 19 of PBU 18/02 also specifies the conditions under which it is possible to reflect the balanced (collapsed) amount of a deferred tax asset and a deferred tax liability in the balance sheet. Now it is indicated that this is impossible if the legislation of the Russian Federation on taxes and fees provides for the separate formation of the tax base.

We take into account income and expenses of future periods only according to PBU

The most important changes affected expenses and income of future periods.

Clause 81 of the Regulations regarding the accounting of deferred income has become invalid.

Paragraph 65 of Regulation No. 34n on the uniform write-off of future expenses has been amended. Now, expenses incurred by the organization in the reporting period, but relating to the following reporting periods, are reflected in the balance sheet in accordance with the conditions for recognition of assets established by regulatory legal acts on accounting, and are subject to write-off in the manner prescribed for writing off the value of assets of this type. In other words, Regulation No. 34n is brought into line with the current PBU. If any PBUs do not oblige expenses to be considered deferred expenses, the company has the right to recognize them immediately when the corresponding expenses are accrued in the account or in the value of assets. In the latter case, they are subject to write-off in the manner established for writing off the value of assets of this type. We find cases of mentioning expenses and income of future periods, for example, in paragraph 16 of PBU 2/2008 “Accounting for construction contracts”, paragraph 39 of PBU 14/2007 “Accounting for intangible assets”, paragraphs 9, 14 and 20 of PBU 13/2000 “ Accounting for state aid”, etc.

It is possible that the Ministry of Finance of Russia, before drawing up the annual financial statements, will provide an explanation as to whether the income and expenses of deferred periods recognized under the “old” rules should be left until they are completely written off, or whether they will need to be recognized as expenses if they do not meet the definitions data in the relevant PBU.

It seems that the fact of innovation and the organization’s decision on this issue should be described in the notes to the annual financial statements for 2011.

Doubtful accounts receivable

Regulation No. 34n has supplemented the definition of doubtful debt given in paragraph 70. Now it also includes debt that with a high degree of probability will not be repaid on time, which requires the organization to determine this probability independently.

In paragraph 70 of Regulation No. 34n, as amended, it was provided that an organization can create a reserve for doubtful debts. This allowed many organizations to conclude that the accounting policy could indicate that the organization did not create the specified reserve. However, the Russian Minister pointed out the incorrectness of this interpretation. The decision to create reserves must be made based on the set of norms established by PBU “Accounting Policies of the Organization” (regarding the requirement of prudence) and paragraph 70 of Regulation No. 34n. If, at the reporting date, the organization has confidence in receiving full payment within the next 12 months of a specific overdue receivable that is not secured by guarantees, then it may not create a reserve for this debt, i.e., not consider it as doubtful. Otherwise, a reserve must be created (see letters of the Ministry of Finance of Russia dated December 19, 2006 No. 07-05-06/302, dated January 29, 2008 No. 07-05-06/18). In other words, creating a reserve for doubtful debts in accounting is not an element of accounting policy. Without creating a reserve, the organization misleads its external users by reflecting the amount of doubtful receivables as part of liquid assets. But, if, for example, at the end of the reporting period, overdue receivables are identified from a buyer with whom business relations have been maintained for a long time, and he repays his debts regularly, albeit late, it is not necessary to create a reserve for such debt.

According to the new version of paragraph 70 of Regulation No. 34n, any doubtful “debt” that has not been repaid or with a high degree of probability will not be repaid within the time limits established by the agreement and is not provided with appropriate guarantees will be reserved. At the same time, the requirement that debt is recognized as doubtful only in settlements with other organizations and citizens for products, goods, works and services. In addition, from paragraph 70, the phrase about mandatory inventory when creating a reserve for doubtful debts was excluded. After all, this reserve is an estimate for accounts receivable, and not an independent accounting object. Consequently, the issue of inventory of this reserve is a matter of inventory of receivables. And it must be carried out in accordance with Article 12 of Law No. 129-FZ. During the inventory, among other things, the correctness of the valuation of assets is verified. Since the allowance for accounts receivable is an element of its measurement, it must be inventoried as part of the inventory of accounts receivable.

Reserves for future expenses

Clause 72 was excluded from Regulation No. 34n. It was devoted to the possibility of forming reserves for upcoming expenses: for the upcoming payment of vacations to employees; payment of annual remuneration for long service; payment of remuneration based on the results of work for the year; repair of fixed assets; production costs for preparatory work due to the seasonal nature of production; upcoming costs for land reclamation and other environmental measures; upcoming costs of repairing items intended for rental under a rental agreement; warranty repairs and warranty service; covering other anticipated costs. Such reserves were reflected in the credit of account 96 “Reserves for future expenses” (separately for each type of reserves) and were accrued from other expenses or expenses for ordinary activities.

Paragraph 69 of the Methodological Guidelines for Accounting for Fixed Assets was also declared invalid. It specified the rules for creating a reserve for OS repairs.

In connection with the cancellation of this provision, companies will be guided by the current PBUs, in particular, PBU 8/2010 “Estimated liabilities, contingent liabilities and contingent assets”, which came into force with the reporting for 2011. Let us remind you that reserves for future repairs and maintenance of fixed assets are not created in accordance with PBU 8/2010. This is expressly stated in Appendix No. 1 to this PBU.

In connection with the changes made, organizations that created such a reserve should bring the provisions of their accounting policies into line with current legislation and make changes to their accounting.

Clarifications related to financial statements

Some of the changes in this document concern financial reporting. Paragraph 32 of Regulation No. 34n now states that when preparing financial statements, the organization is guided by this Regulation, unless otherwise established by other accounting provisions (standards).

In paragraph 86 of Regulation No. 34n, the text stating that annual financial statements must be submitted no earlier than 60 days after the end of the reporting year is excluded, and that they must be approved in the manner established by the constituent documents of the organization.

The period for publication of financial statements has been increased by one month (clause 90 of Regulation No. 34n). Thus, reporting must be published no later than June 1 of the year following the reporting year. In this case, the entire audit report is printed, and not just its final part.

In paragraph 79 of Regulation No. 34n it was established that accounting profit (loss) for the reporting period is the result identified as a result of all business transactions and the assessment of balance sheet items according to the rules of PBU established by regulatory legal acts on accounting. Previously it was stated that this point was regulated only by Regulation No. 34n.

Order No. 186n invalidated the order of the Ministry of Finance of Russia dated January 15, 1997 No. 3 “On the consolidated annual financial statements of organizations compiled by federal ministries and other federal executive authorities of the Russian Federation.” This document was issued in pursuance of the Regulations on Accounting and Reporting in the Russian Federation, approved by Order of the Ministry of Finance of Russia dated December 26, 1994 No. 170. And the last order and the Regulations became invalid on January 1, 1999 due to the publication of Order of the Ministry of Finance of Russia dated July 29, 1998 No. 34n, which approved Regulation No. 34n.

At the same time, Order No. 186n declared clauses 92, 93 and 94 of Regulation No. 34n to be invalid. They just talked about such consolidated reporting.

We note that at the moment the preparation of consolidated (consolidated) financial statements is regulated by the Methodological Recommendations for the preparation and presentation of consolidated financial statements, approved by Order of the Ministry of Finance of Russia dated December 30, 1996 No. 112.

In addition, Order No. 186n invalidated the provisions of part of the paragraphs of paragraph 3 in the appendix to the order of the Ministry of Finance of Russia dated March 24, 2000 No. 31n “On amendments to regulatory legal acts on accounting.” At one time they made changes to Regulation No. 34n.

Accounting innovations of 2011: other

Amendments have been made to paragraph 3 of Regulation No. 34n. It is indicated that the Ministry of Finance of Russia develops and approves regulatory and methodological guidelines for accounting only on the basis of Federal Law No. 129-FZ “On Accounting”. Previously, in addition to the law, reference was also made to Regulation No. 34n.

The text of paragraph 45 of Regulation No. 34n has been changed, which talks about how to reflect at the end of the year the organization’s investments in shares of other organizations listed on the stock exchange. Now, when drawing up a balance sheet, they are reflected at the end of the reporting year in any case at market value. Previously, this could only be done if the market value was lower than the one at which the shares were taken into account. A reserve for depreciation of securities was formed for this difference. This provision has been excluded. The new version of clause 45 now corresponds to clause 20 of PBU 19/02 “Accounting for financial investments”.

In paragraph 60 of Regulation No. 34n, the requirement that the trade margin of retail trade enterprises that record goods at sales prices (account 42) must be reflected in the financial statements as a separate item has been removed. This is an adjusting value to the cost of goods, and it has not been reflected as a separate line in the balance sheet for a long time.

MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

On approval of the Regulations on accounting and financial reporting in the Russian Federation

Document with changes made:
(Bulletin of normative acts of federal executive authorities, N 7-8, 02/14/2000, 02/21/2000);
(Rossiyskaya Gazeta, N 92-93, 05/16/2000) (came into force from the financial statements of 2000);
(Rossiyskaya Gazeta, N 242, October 27, 2006) (came into force starting with the annual financial statements for 2006);
(Rossiyskaya Gazeta, N 99, 05/12/2007) (came into force on January 1, 2008);
(Rossiyskaya Gazeta, N 271, 12/01/2010) (came into force on January 1, 2011);
(Bulletin of regulatory acts of federal executive authorities, N 13, 03/28/2011) (came into force with the financial statements of 2011);
by order of the Ministry of Finance of Russia dated March 29, 2017 N 47n (Official Internet portal of legal information www.pravo.gov.ru, 04/19/2017, N 0001201704190005);
by order of the Ministry of Finance of Russia dated April 11, 2018 N 74n (Official Internet portal of legal information www.pravo.gov.ru, 04/26/2018, N 0001201804260017).
____________________________________________________________________
____________________________________________________________________
The document also takes into account:
;
decision of the Supreme Court of the Russian Federation of July 8, 2016 N AKPI16-443;
decision of the Supreme Court of the Russian Federation dated January 29, 2018 N AKPI17-1010 (came into force on March 5, 2018).

____________________________________________________________________

Pursuant to the Program for Reforming Accounting in accordance with International Financial Reporting Standards, approved by Decree of the Government of the Russian Federation dated March 6, 1998 N 283, and Order of the Government of the Russian Federation dated March 21, 1998 N 382-r

I order:

1. Approve the attached Regulations on accounting and financial reporting in the Russian Federation.

2. To recognize as invalid:

Order of the Ministry of Finance of the Russian Federation dated December 26, 1994 N 170 “On the Regulations on Accounting and Reporting in the Russian Federation”;

paragraph 3 of Order No. 8 of the Ministry of Finance of the Russian Federation dated February 3, 1997 “On the quarterly financial statements of the organization.”

Minister
M.M.Zadornov

Registered
at the Ministry of Justice
Russian Federation
August 27, 1998
registration N 1598

Regulations on accounting and financial reporting in the Russian Federation

APPROVED
by order of the Ministry of Finance
Russian Federation
dated July 29, 1998 N 34n

I. General provisions

2. The Regulations determine the procedure for organizing and maintaining accounting records, drawing up and submitting financial statements by legal entities under the legislation of the Russian Federation, regardless of their organizational and legal form (with the exception of credit organizations and state (municipal) institutions), as well as the organization’s relationship with external consumers accounting information (paragraph as amended, put into effect on March 3, 2000, by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n; as amended, put into effect on January 1, 2011 by order of the Ministry of Finance of Russia dated October 25, 2010 N 132n.

3. The Ministry of Finance of the Russian Federation, on the basis of the Federal Law "On Accounting", develops and approves provisions (standards) for accounting, other regulatory legal acts and methodological guidelines for accounting, forming a system of regulatory regulation of accounting and mandatory for execution by organizations in the territory of the Russian Federation, including when carrying out activities outside the Russian Federation (clause as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

4. In accordance with the Federal Law "On Accounting":

a) the subparagraph has lost force since April 30, 2017 -;

b) the subparagraph has lost force since April 30, 2017 - order of the Ministry of Finance of Russia dated March 29, 2017 N 47n;

c) the main objectives of accounting are:

generation of complete and reliable information about the organization’s activities and its property status, necessary for internal users of financial statements - managers, founders, participants and owners of the organization’s property, as well as external investors, creditors and other users of financial statements;

providing information necessary for internal and external users of financial statements to monitor compliance with the legislation of the Russian Federation when the organization carries out business operations and their feasibility, the availability and movement of property and liabilities, the use of material, labor and financial resources in accordance with approved norms, standards and estimates;

preventing negative results from the organization’s economic activities and identifying internal reserves to ensure its financial stability.

5. To carry out the organization of accounting, the organization, guided by the legislation of the Russian Federation on accounting, regulations of the Ministry of Finance of the Russian Federation and bodies granted by federal laws the right to regulate accounting, independently forms its accounting policy, based on its structure, industry affiliation and others features of the activity.

6. Responsibility for organizing accounting in the organization and compliance with the law when carrying out business operations lies with the head of the organization.

7. The head of the organization can, depending on the volume of accounting work:

a) establish an accounting service as a structural unit headed by a chief accountant;

b) add an accountant position to the staff;

c) transfer on a contractual basis the maintenance of accounting to a centralized accounting department, a specialized organization or a specialist accountant;

d) keep accounting records personally.

The cases provided for in subparagraphs "b", "c" and "d" of this paragraph are recommended to be applied in organizations that, according to the legislation of the Russian Federation, are classified as small businesses.

8. The accounting policy adopted by the organization is approved by order or other written order of the head of the organization.

In this case it is affirmed:

working chart of accounts, containing the accounts used in the organization, necessary for maintaining synthetic and analytical accounting;

forms of primary accounting documents used to formalize business transactions, for which standard forms of primary accounting documents are not provided, as well as forms of documents for internal accounting reporting;

methods for assessing certain types of property and liabilities;

the procedure for conducting an inventory of property and liabilities;

document flow rules and accounting information processing technology;

the procedure for monitoring business transactions, as well as other decisions necessary for organizing accounting.

II. Basic accounting rules

Accounting requirements

9. The organization maintains accounting records of property, liabilities and business transactions (facts of economic activity) by double entry on interrelated accounting accounts included in the working chart of accounts.

The working chart of accounts is approved by the organization on the basis of the Chart of Accounts approved by the Ministry of Finance of the Russian Federation.

Accounting for property, liabilities and business transactions (facts of business activity) is carried out in the currency of the Russian Federation - in rubles. Documentation of property, liabilities and other facts of economic activity, maintenance of accounting registers and financial statements is carried out in Russian. Primary accounting documents compiled in other languages must have a line-by-line translation into Russian.

10. To maintain accounting records in an organization, an accounting policy is formed that presupposes the property isolation and continuity of the organization’s activities, the sequence of application of the accounting policy, as well as the temporal* certainty of the facts of economic activity.
___________________
* In this word the stress is on the penultimate syllable. - Database manufacturer's note.

The organization's accounting policies must meet the requirements of completeness, prudence, priority of content over form, consistency and rationality.

11. In the accounting of an organization, current costs for production of products, performance of work and provision of services and costs associated with capital and financial investments are accounted for separately.

Documentation of business transactions

12. The paragraph has lost force since April 30, 2017 - order of the Ministry of Finance of Russia dated March 29, 2017 N 47n..

The requirements of the chief accountant (hereinafter referred to as the chief accountant also means persons conducting accounting in the cases provided for in subparagraphs “b”, “c”, “d” of paragraph 7 of these Regulations) for documenting business transactions and submitting documents and information to the accounting service are mandatory for all employees of the organization.

13. The paragraph has lost force since April 30, 2017 - order of the Ministry of Finance of Russia dated March 29, 2017 N 47n..

The paragraph has lost force since April 30, 2017 - order of the Ministry of Finance of Russia dated March 29, 2017 N 47n..

Depending on the nature of the transaction, the requirements of regulations, accounting guidelines and technology for processing accounting information, additional details may be included in the primary documents.

14. The list of persons authorized to sign primary accounting documents is approved by the head of the organization in agreement with the chief accountant.

Documents used to formalize business transactions with funds are signed by the head of the organization and the chief accountant or persons authorized by them.

Without the signature of the chief accountant or a person authorized by him, monetary and settlement documents, financial and credit obligations are considered invalid and should not be accepted for execution (with the exception of documents signed by the head of the federal executive body, the design features of which are determined by separate instructions of the Ministry of Finance of the Russian Federation) . Financial and credit obligations are understood as documents documenting the organization’s financial investments, loan agreements, credit agreements and agreements concluded on commodity and commercial loans.

In case of disagreements between the head of the organization and the chief accountant regarding the implementation of certain business transactions, the primary accounting documents on them can be accepted for execution with a written order from the head of the organization, who bears full responsibility for the consequences of such transactions and the inclusion of data about them in accounting and accounting reporting.

15. The primary accounting document must be drawn up at the time of the business transaction, and if this is not possible, immediately after the completion of the transaction.

When selling goods, products, works and services using cash registers, it is allowed to draw up a primary accounting document at least once a day after its completion on the basis of cash receipts.

The creation of primary accounting documents, the procedure and timing of their transfer for reflection in accounting are carried out in accordance with the document flow schedule approved by the organization. Timely and high-quality execution of primary accounting documents, their transfer within the established time frame for reflection in accounting, as well as the reliability of the data contained in them are ensured by the persons who compiled and signed these documents.

16. Corrections to cash and bank documents are not allowed. Corrections can be made to other primary accounting documents only by agreement with the persons who compiled and signed these documents, which must be confirmed by the signatures of the same persons, indicating the date of the corrections.

17. To control and streamline the processing of data on business transactions, consolidated accounting documents can be compiled on the basis of primary accounting documents.

18. Primary and consolidated accounting documents can be compiled on paper and computer media. In the latter case, the organization is obliged to produce, at its own expense, copies of such documents on paper for other participants in business transactions, as well as at the request of the authorities exercising control in accordance with the legislation of the Russian Federation, the court and the prosecutor's office.

Accounting registers

19. Accounting registers are intended to systematize and accumulate information contained in primary accounting documents accepted for accounting, for reflection in accounting accounts and in financial statements.

Accounting registers can be kept in special books (magazines), on separate sheets and cards, in the form of machine diagrams obtained using computer technology, as well as on computer storage media. When maintaining accounting registers on computer media, it must be possible to output them to paper media.

Forms of accounting registers are developed and recommended by the Ministry of Finance of the Russian Federation, bodies that are granted the right to regulate accounting by federal laws, or federal executive authorities, organizations, subject to their compliance with the general methodological principles of accounting.

20. Business transactions must be reflected in accounting registers in chronological order and grouped according to the appropriate accounting accounts.

The correct reflection of business transactions in accounting registers is ensured by the persons who compiled and signed them.

21. When storing accounting registers, they must be protected from unauthorized corrections. Correction of an error in the accounting register must be justified and confirmed by the signature of the person who made the correction, indicating the date of the correction.

Persons who have access to information contained in accounting registers and internal accounting reports are required to maintain commercial and state secrets. For its disclosure they bear responsibility established by the legislation of the Russian Federation.

Valuation of property and liabilities

23. Property, liabilities and other facts of economic activity for reflection in accounting and financial statements are subject to valuation in monetary terms.

The assessment of property purchased for a fee is carried out by summing up the actual costs incurred for its purchase; property received free of charge - at market value on the date of capitalization; property produced in the organization itself - at the cost of its production (actual costs associated with the production of the property).

The actual costs incurred include, in particular, the costs of acquiring the property itself, interest paid on a commercial loan provided upon acquisition, markups (surcharges), commissions (cost of services) paid to supply, foreign economic and other organizations, customs duties and other payments, costs of transportation, storage and delivery carried out by third parties.

The current market value is formed on the basis of the price in effect on the date of recording of property received free of charge for this or a similar type of property. Data on the current price must be confirmed by documents or experts.

The cost of production recognizes the actual costs incurred associated with the use of fixed assets, raw materials, materials, fuel, energy, labor resources and other costs for the production of the property in the process of manufacturing property.

The use of other valuation methods, including through reserving, is permitted in cases provided for by the legislation of the Russian Federation, as well as regulations of the Ministry of Finance of the Russian Federation and bodies granted by federal laws the right to regulate accounting.

24. Accounting entries for the organization’s foreign currency accounts, as well as for transactions in foreign currency, are made in rubles in amounts determined by converting foreign currency at the exchange rate of the Central Bank of the Russian Federation effective on the date of the transaction. At the same time, these entries are made in the currency of settlements and payments.

25. Accounting for property, liabilities and business transactions may be kept in amounts rounded to whole rubles. The amount differences arising in this case are attributed to the financial results of a commercial organization or an increase in income (reduction of expenses) for a non-profit organization (clause as amended, put into effect on March 3, 2000 by Order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Inventory of property and liabilities

26. To ensure the reliability of accounting data and financial statements, organizations are required to conduct an inventory of property and liabilities, during which their presence, condition and valuation are checked and documented.

The procedure (number of inventories in the reporting year, dates of their conduct, list of property and liabilities checked during each of them, etc.) of the inventory is determined by the head of the organization, except for cases when the inventory is mandatory.

27. Carrying out an inventory is mandatory:

when transferring property for rent, redemption, sale, as well as during the transformation of a state or municipal unitary enterprise;

before drawing up annual financial statements (except for property, the inventory of which was carried out no earlier than October 1 of the reporting year). An inventory of fixed assets can be carried out once every three years, and of library collections - once every five years. In organizations located in the Far North and equivalent areas, inventory of goods, raw materials and materials can be carried out during the period of their smallest balances;

when changing financially responsible persons;

when facts of theft, abuse or damage to property are revealed;

in the event of a natural disaster, fire or other emergency situations caused by extreme conditions;

during reorganization or liquidation of the organization;

in other cases provided for by the legislation of the Russian Federation.

28. Discrepancies identified during the inventory between the actual availability of property and accounting data are reflected in the accounting accounts in the following order:

a) surplus property is accounted for at market value on the date of the inventory and the corresponding amount is credited to the financial results of a commercial organization or an increase in income of a non-profit organization (subparagraph as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n;

b) shortage of property and its damage within the limits of natural loss norms are attributed to production or distribution costs (expenses), in excess of norms - at the expense of the guilty persons. If the guilty persons are not identified or the court refuses to recover damages from them, then losses from the shortage of property and its damage are written off against the financial results of a commercial organization or an increase in expenses for a non-profit organization (subclause as amended, put into effect on March 3, 2000 by order of the Ministry of Finance Russia dated December 30, 1999 N 107n.

III. Basic rules for the preparation and presentation of financial statements

Primary requirements

29. The clause has lost force since May 7, 2018 - order of the Ministry of Finance of Russia dated April 11, 2018 N 74n..

30. The financial statements of organizations consist of (paragraph as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n:

a) balance sheet;

b) profit and loss statement;

c) appendices to them, in particular the cash flow statement, appendices to the balance sheet and other reports provided for by the regulations of the accounting regulatory system;

d) explanatory note;

e) an auditor's report confirming the reliability of the organization's financial statements, if they are subject to mandatory audit in accordance with federal laws.

The paragraph was excluded from March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n..

31. Forms of financial statements of organizations, as well as instructions on the procedure for filling them out, are approved by the Ministry of Finance of the Russian Federation.

Other bodies, which are granted the right to regulate accounting by federal laws, approve, within their competence, the forms of accounting statements and instructions on the procedure for filling them out, which do not contradict the regulatory legal acts of the Ministry of Finance of the Russian Federation.

32. Accounting statements must provide a reliable and complete picture of the property and financial position of the organization, its changes, as well as the financial results of its activities.

When preparing financial statements, the organization is guided by these Regulations, unless otherwise established by other provisions (standards) on accounting (the paragraph was additionally included from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n).

33. The organization’s financial statements must include performance indicators of branches, representative offices and other structural units, including those allocated to separate balance sheets.

35. In the financial statements, data on numerical indicators are provided for at least two years - the reporting year and the one preceding the reporting year (except for the report prepared for the first reporting year).

If the data for the period preceding the reporting year are not comparable with the data for the reporting period, then the first of these data are subject to adjustment based on the rules established by regulations. Each significant adjustment must be disclosed in an explanatory note along with the reasons for it.

36. Accounting statements are prepared for the reporting year. The reporting year is considered to be the period from January 1 to December 31 of the calendar year inclusive.

The first reporting year for a newly created or reorganized organization is considered to be the period from the date of its state registration to December 31 inclusive, and for an organization newly created after October 1 (including October 1), from the date of state registration to December 31 of the following year inclusive.

Data on the facts of economic activities carried out before the state registration of the newly created organization are included in its financial statements for the first reporting year.

37. For the preparation of financial statements, the reporting date is considered to be the last calendar day of the reporting period.

38. Accounting statements are signed by the head and chief accountant of the organization.

In organizations where accounting is carried out on a contractual basis by a specialized organization (centralized accounting department) or a specialist accountant, the financial statements are signed by the head of the organization, the head of a specialized organization (centralized accounting department) or a specialist in charge of accounting.

The responsibility of the persons who signed the financial statements is determined in accordance with the legislation of the Russian Federation.

39. Changes in the financial statements relating both to the reporting year and to previous periods (after their approval) are made in the statements prepared for the reporting period in which distortions in its data were discovered.

40. In the financial statements, offsets between items of assets and liabilities, items of profits and losses are not allowed, except in cases where such offset is provided for by the rules established by regulations.

Rules for evaluating financial statements items

Unfinished capital investments

41. Unfinished capital investments include costs for construction and installation work, acquisition of buildings, equipment, vehicles, tools, inventory, other durable material objects not formalized by acceptance certificates and other documents, other capital works and costs (design - survey, geological exploration and drilling work, costs of land acquisition and resettlement in connection with construction, training of personnel for newly constructed organizations and others) (paragraph supplemented starting from the financial statements of 2000 by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n order Ministry of Finance of Russia dated December 24, 2010 N 186n.

42. Incomplete capital investments are reflected in the balance sheet at the actual costs incurred by the organization (as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

Financial investments

43. Financial investments include investments by an organization in government securities, bonds and other securities of other organizations, in the authorized (share) capital of other organizations, as well as loans provided to other organizations.

44. Financial investments are taken into account in the amount of actual costs for the investor. For debt securities, the difference between the amount of actual acquisition costs and the nominal value during their circulation period is allowed to be attributed evenly as the income due on them is accrued to the financial results of a commercial organization or an increase in expenses of a non-profit organization (paragraph as amended from On March 3, 2000, by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Organizations acting as professional participants in the securities market may revaluate investments in securities purchased for the purpose of generating income from their sale as quotes on the stock exchange change.

Objects of financial investments (except for loans) that have not been paid in full are shown on the asset side of the balance sheet in the full amount of the actual costs of their acquisition under the agreement with the assignment of the outstanding amount to creditors in the liability side of the balance sheet in cases where the rights to the object have been transferred to the investor. In other cases, amounts contributed to the account of financial investment objects subject to acquisition are shown in the asset balance sheet under the item debtors.

45. An organization’s investments in shares of other organizations listed on the stock exchange, the quotation of which is regularly published, when drawing up the balance sheet, are reflected at the end of the reporting year at market value (clause as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24 2010 N 186n.

Fixed assets

46. To fixed assets as a set of material assets used as means of labor in the production of products, performance of work or provision of services, or for the management of an organization for a period exceeding 12 months, or the normal operating cycle, if it exceeds 12 months, include buildings, structures, working and power machines and equipment, measuring and control instruments and devices, computer technology, vehicles, tools, production and household equipment and supplies, working and productive livestock, perennial plantings, on-farm roads and other fixed assets.

Fixed assets also include capital investments in radical land improvement (drainage, irrigation and other reclamation works) and in leased fixed assets.

Capital investments in perennial plantings and radical land improvement are included in fixed assets annually in the amount of costs related to the areas accepted for operation in the reporting year, regardless of the completion date of the entire complex of work.

Fixed assets include land plots owned by the organization and environmental management facilities (water, subsoil and other natural resources).

47. Completed capital investments in leased fixed assets are credited by the tenant organization to its own fixed assets in the amount of actual costs incurred, unless otherwise provided by the lease agreement.

48. The cost of the organization's fixed assets is repaid by calculating depreciation over their useful life.

Depreciation of fixed assets is calculated regardless of the results of the organization’s economic activities in the reporting period in one of the following ways:

linear method;

method of writing off the cost in proportion to the volume of products (works, services);

reducing balance method;

a method of writing off cost based on the sum of the numbers of years of useful life.

The paragraph has lost force since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

Fixed assets of non-profit organizations are not subject to depreciation (the paragraph was additionally included starting from the financial statements of 2000 by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n).

____________________________________________________________________

The paragraph, additionally included by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n, was declared invalid (ineffective), not entailing legal consequences from the moment of publication - decision of the Supreme Court of the Russian Federation dated August 23, 2000 N GKPI 00-645.

____________________________________________________________________

The cost of land plots and environmental management facilities is not repaid.

49. Fixed assets are reflected in the balance sheet at their residual value, i.e. at the actual costs of their acquisition, construction and production minus the amount of accrued depreciation (paragraph as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Changes in the initial cost of fixed assets in cases of completion, additional equipment, reconstruction and partial liquidation, revaluation of relevant objects are disclosed in the appendices to the balance sheet. A commercial organization has the right, no more than once a year (at the end of the reporting year), to revaluate fixed assets at replacement cost by indexation or direct recalculation at documented market prices with attribution of any resulting differences to the organization’s additional capital, unless otherwise established by regulatory legal acts on accounting (paragraph as amended, put into effect from the 2011 financial statements by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

50. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

51. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

52. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

53. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

54. Material assets remaining from the write-off of fixed assets unsuitable for restoration and further use are accounted for at market value on the date of write-off (clause as amended, put into effect on March 3, 2000 by Order of the Ministry of Finance of Russia dated December 30, 1999 N 107n; as amended , put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

Intangible assets

55. Intangible assets used in economic activity for a period exceeding 12 months and generating income include rights arising:

from patents for inventions, industrial designs, selection achievements, from certificates for utility models, trademarks and service marks or licensing agreements for their use (paragraph as amended by ;

from rights to “know-how”, etc.

In addition, intangible assets include the business reputation of the organization (paragraph as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

56. The cost of intangible assets is repaid by calculating depreciation over the established period of their useful life.

For objects for which the cost is repaid, depreciation charges are determined in one of the following ways:

linear method based on standards calculated by the organization based on their useful life;

method of writing off cost in proportion to the volume of products (works, services).

The paragraph has lost force since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

For intangible assets received under a gift agreement and free of charge during the privatization process, acquired using budgetary allocations and other similar funds (in terms of the cost attributable to the amount of these funds), depreciation is not accrued (paragraph as amended, entered into force on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.
____________________________________________________________________
Paragraph four of paragraph 56 was stated in a new edition on the basis of Order of the Ministry of Finance of Russia dated March 24, 2000 N 31n.
The specified change in paragraph four of paragraph 56 was declared invalid (ineffective), not entailing legal consequences from the moment of publication, - decision of the Supreme Court of the Russian Federation of August 23, 2000 N GKPI 00-645.
The decision can be appealed to the Cassation Board of the Supreme Court of the Russian Federation within ten days from the date of its adoption in final form.
____________________________________________________________________

Amortization of intangible assets is calculated regardless of the organization's performance in the reporting period.

The acquired business reputation of the organization must be adjusted within twenty years (but not more than the life of the organization) (the paragraph was additionally included starting from the financial statements of 2000 by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n).

Depreciation charges for the positive business reputation of an organization are reflected in accounting by reducing its initial cost. The negative business reputation of the organization is written off in full to the financial results of the organization as other income (the paragraph was additionally included starting from the 2000 financial statements by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n; as amended, effective from the annual financial statements for 2006 by order of the Ministry of Finance of Russia dated September 18, 2006 N 116n; as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

57. Intangible assets are reflected in the balance sheet at their residual value, i.e. according to the actual costs of acquisition, production and costs of bringing them to a state in which they are suitable for use for the planned purposes, minus accrued depreciation (clause as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Raw materials, materials, finished products and goods

58. Raw materials, main and auxiliary materials, fuel, purchased semi-finished products and components, spare parts, containers used for packaging and transportation of products (goods), and other material resources are reflected in the balance sheet at their actual cost.

The actual cost of material resources is determined based on the actual costs incurred for their acquisition and production.

Determining the actual cost of material resources written off for production is permitted using one of the following inventory valuation methods:

at the cost of a unit of inventory;

at average cost;

at the cost of the first acquisitions (FIFO);

the paragraph was excluded from January 1, 2008 by order of the Ministry of Finance of Russia dated March 26, 2007 N 26n - see previous reaction.

59. Finished products are reflected in the balance sheet at actual or standard (planned) production costs, including costs associated with the use of fixed assets, raw materials, materials, fuel, energy, labor resources, and other costs for production of products or direct cost items.

60. Goods in organizations engaged in trading activities are reflected in the balance sheet at the cost of their acquisition.

When selling (dispensing) goods, their value may be written off using the valuation methods set out in paragraph 58 of these Regulations.

When an organization engaged in retail trade accounts for goods at sales prices, the difference between the acquisition cost and the cost at sales prices (discounts, markups) is reflected in the financial statements as a value that adjusts the cost of goods (paragraph as amended, effective from the 2011 financial statements by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

61. Goods shipped, works delivered and services rendered, for which revenue is not recognized, are reflected in the balance sheet at the actual (or standard (planned) full cost, which includes, along with production costs, costs associated with the sale (sale) of products, works, services , reimbursed by the negotiated (contract) price (the clause was supplemented from the 2011 financial statements by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

62. The values provided for in paragraphs 58-60 of these Regulations, for which the price has decreased during the reporting year or which have become obsolete or partially lost their original quality, are reflected in the balance sheet at the end of the reporting year at the price of possible sale, if it is lower than the original cost of procurement (acquisitions), with the difference in prices attributed to the financial results of a commercial organization or an increase in expenses for a non-profit organization.

Work in progress and deferred expenses

63. Products (works) that have not passed all stages (phases, redistributions) provided for by the technological process, as well as incomplete products that have not passed testing and technical acceptance, are classified as work in progress.

64. Work in progress in mass and serial production can be reflected in the balance sheet:

according to actual or standard (planned) production cost;

by direct cost items;

at the cost of raw materials, materials and semi-finished products.

With a single production of products, work in progress is reflected in the balance sheet at the actual costs incurred.

65. Costs incurred by the organization in the reporting period, but relating to the following reporting periods, are reflected in the balance sheet in accordance with the conditions for recognition of assets established by regulatory legal acts on accounting, and are subject to write-off in the manner established for writing off the value of assets of this type ( clause as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

Capital and reserves

66. The organization’s own capital takes into account the authorized (share), additional and reserve capital, retained earnings and other reserves.

67. The balance sheet reflects the amount of authorized (share) capital registered in the constituent documents as a set of contributions (shares, shares, shares) of the founders (participants) of the organization.

The authorized (share) capital and the actual debt of the founders (participants) for contributions (contributions) to the authorized (share) capital are reflected in the balance sheet separately.

State and municipal unitary enterprises, instead of authorized (share) capital, take into account the authorized capital formed in the prescribed manner.

68. The amount of additional valuation of non-current assets carried out in the prescribed manner, the amount received in excess of the par value of issued shares (share premium of a joint stock company), and other similar amounts are taken into account as additional capital and are reflected in the balance sheet separately (clause as amended, entered into force starting from from the financial statements of 2000 by order of the Ministry of Finance of Russia dated March 24, 2000 N 31n; as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

69. The reserve fund created in accordance with the legislation of the Russian Federation to cover the losses of the organization, as well as to repay the organization’s bonds and repurchase its own shares is reflected separately in the balance sheet.

70. The organization creates reserves for doubtful debts in the event that accounts receivable are recognized as doubtful with the amounts of reserves attributed to the financial results of the organization (paragraph as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

An organization's receivables are considered doubtful if they have not been repaid or with a high degree of probability will not be repaid within the terms established by the agreement and are not provided with appropriate guarantees (paragraph as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

The paragraph has lost force since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

The amount of the reserve is determined separately for each doubtful debt, depending on the financial condition (solvency) of the debtor and the assessment of the likelihood of repaying the debt in whole or in part.

If by the end of the reporting year following the year in which the reserve for doubtful debts was created, this reserve is not used in any part, then the unspent amounts are added to the financial results when drawing up the balance sheet at the end of the reporting year.

71. The item has been excluded since the financial statements of 2000 - order of the Ministry of Finance of Russia dated March 24, 2000 N 31n..

72. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

Settlements with debtors and creditors

73. Settlements with debtors and creditors are reflected by each party in its financial statements in the amounts arising from the accounting records and recognized by it as correct. For loans and credits received, the debt is shown taking into account the interest due at the end of the reporting period.

74. The amounts reflected in the financial statements for settlements with banks and the budget must be agreed upon with the relevant organizations and identical. Leaving unresolved amounts for these settlements on the balance sheet is not permitted.

75. Balances of foreign currency funds on the organization’s foreign currency accounts, other funds (including monetary documents), short-term securities, receivables and payables in foreign currencies are reflected in the financial statements in rubles in amounts determined by converting foreign currencies at the exchange rate of the Central Bank of the Russian Federation effective as of the reporting date.

76. Fines, penalties and penalties recognized by the debtor or for which court decisions on their collection have been received are attributed to the financial results of a commercial organization or an increase in income (reduction of expenses) of a non-profit organization and, before their receipt or payment, are reflected in the balance sheet of the recipient and the payer respectively, according to the items of debtors or creditors (clause as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

77. Accounts receivable for which the statute of limitations has expired and other debts that are unrealistic for collection are written off for each obligation based on the inventory data, written justification and order (instruction) of the head of the organization and are charged accordingly to the reserve for doubtful debts or to financial results from a commercial organization, if in the period preceding the reporting period, the amounts of these debts were not reserved in the manner prescribed by paragraph 75* of these Regulations, or to increase expenses from a non-profit organization (paragraph as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.
________________
*Probably an error in the original. Should read "point 70".
- Database manufacturer's note.

Writing off a debt at a loss due to the debtor's insolvency does not constitute cancellation of the debt. This debt must be reflected on the balance sheet for five years from the date of write-off in order to monitor the possibility of its collection in the event of a change in the debtor's property status.

78. Amounts of accounts payable and depositors for which the statute of limitations has expired are written off for each obligation based on the inventory data, written justification and order (instruction) of the head of the organization and are attributed to the financial results of a commercial organization or an increase in income of a non-profit organization (clause as amended, put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Profit (loss) of the organization

79. Accounting profit (loss) is the final financial result (profit or loss) identified for the reporting period on the basis of accounting of all business transactions of the organization and assessment of balance sheet items according to the rules adopted by regulatory legal acts on accounting (clause as amended, put into effect from the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

80. Profit or loss identified in the reporting year, but relating to operations of previous years, are included in the financial results of the organization for the reporting year.

81. The point has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

82. In the event of the sale and other disposal of the organization’s property (fixed assets, inventories, securities, etc.), the loss or income from these transactions is attributed to the financial results of a commercial organization or an increase in expenses (income) of a non-profit organization (clause as amended , put into effect on March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

83. In the balance sheet, the financial result of the reporting period is reflected as retained earnings (uncovered loss), i.e. the final financial result identified for the reporting period, minus taxes and other similar mandatory payments due from profits established in accordance with the legislation of the Russian Federation, including sanctions for non-compliance with tax rules.

IV. Procedure for submitting financial statements

84. All organizations submit annual financial statements in accordance with the constituent documents to the founders, participants of the organization or owners of its property, as well as to the territorial bodies of state statistics at the place of their registration. State and municipal unitary enterprises submit financial statements to bodies authorized to manage state property (paragraph as amended, put into effect on March 3, 2000 by Order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Financial statements are presented to other executive authorities, banks and other users in accordance with the legislation of the Russian Federation.

The organization is obliged to submit financial statements to the established addresses, one copy free of charge.

85. Organizations are required to submit annual financial statements in the amount of forms provided for in paragraph 30 of these Regulations (paragraph as amended, put into effect on March 3, 2000 by Order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Small businesses and non-profit organizations are not allowed to submit a cash flow statement. In addition, small businesses have the right not to submit an appendix to the balance sheet, other appendices and an explanatory note.

86. Organizations are required to submit annual financial statements within 90 days after the end of the year, unless otherwise provided by the legislation of the Russian Federation, and quarterly - in cases provided for by the legislation of the Russian Federation - within 30 days after the end of the quarter (paragraph as amended by effective from March 3, 2000 by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

Within the specified time frame, the specific date for the submission of financial statements is established by the founders (participants) of the organization or the general meeting (paragraph as amended, put into effect with the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

The paragraph has lost force since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

87. The clause has lost force since March 3, 2000 - ..

88. The day an organization submits its financial statements is determined by the date of its mailing or the date of actual transmission according to ownership.

If the date of submission of financial statements falls on a non-working (weekend) day, then the reporting deadline is considered to be the first working day following it.

89. The annual financial statements of an organization are open to interested users: banks, investors, creditors, buyers, suppliers, etc., who can familiarize themselves with the annual financial statements and receive copies of them with reimbursement of copying costs (paragraph as amended On March 3, 2000, by order of the Ministry of Finance of Russia dated December 30, 1999 N 107n.

The organization must provide an opportunity for interested users to familiarize themselves with the financial statements.

Accounting statements containing indicators classified as state secrets under the legislation of the Russian Federation are presented taking into account the requirements of the said legislation.

90. In cases provided for by the legislation of the Russian Federation, the organization publishes its financial statements and auditor’s report (paragraph as amended, put into effect with the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

Publication of financial statements is carried out no later than July 1 of the year following the reporting year, unless otherwise established by the legislation of the Russian Federation (paragraph as amended, put into effect with the financial statements of 2011 by order of the Ministry of Finance of Russia dated December 24, 2010 N 186n.

The procedure for publishing financial statements is established by the Ministry of Finance of the Russian Federation and the bodies that are granted the right to regulate accounting by federal laws.

V. Basic rules of consolidated financial statements

91. If an organization has subsidiaries and dependent companies, in addition to its own financial statements, consolidated financial statements are also compiled, including indicators of the reports of such companies located on the territory of the Russian Federation and abroad, in the manner established by the Ministry of Finance of the Russian Federation.

92. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

93. The paragraph has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

94. The point has become invalid since the financial statements of 2011 - order of the Ministry of Finance of Russia dated December 24, 2010 N 186n..

95. The clause has lost force since March 3, 2000 - order of the Ministry of Finance of Russia dated December 30, 1999 N 107n..

96. Consolidated financial statements are signed by the head and chief accountant of the organization.

97. The responsibility of the persons who signed the consolidated financial statements is determined in accordance with the legislation of the Russian Federation.

VI. Storage of accounting documents

98. The organization is obliged to store primary accounting documents, accounting registers and financial statements for periods established in accordance with the rules for organizing state archival affairs, but not less than five years.

99. The working chart of accounts, other accounting policy documents, coding procedures, computer data processing programs (indicating the terms of their use) must be stored by the organization for at least five years after the reporting year in which they were used for the preparation of financial statements for the last time.

100. Primary accounting documents can be seized only by the bodies of inquiry, preliminary investigation and prosecutor's office, courts, tax inspectorates and tax police on the basis of their decisions in accordance with the legislation of the Russian Federation.

The chief accountant or other official of the organization has the right, with the permission and in the presence of representatives of the authorities conducting the seizure of documents, to make copies of them indicating the reason and date of seizure.

101. Responsibility for organizing the storage of primary accounting documents, accounting registers and financial statements lies with the head of the organization.

Revision of the document taking into account
changes and additions prepared
JSC "Kodeks"

42. Incomplete capital investments are reflected in the balance sheet at the actual costs incurred by the organization.

Financial investments

45. An organization’s investments in shares of other organizations listed on the stock exchange, the quotation of which is regularly published, are reflected at the end of the reporting year at market value when preparing the balance sheet.

Fixed assets

Fixed assets also include capital investments in radical land improvement (drainage, irrigation and other reclamation works) and in leased fixed assets.

Fixed assets include land plots owned by the organization and environmental management facilities (water, subsoil and other natural resources).

48. The cost of the organization's fixed assets is repaid by calculating depreciation over their useful life.

Depreciation of fixed assets is calculated regardless of the results of the organization’s economic activities in the reporting period in one of the following ways:

linear method;

method of writing off the cost in proportion to the volume of products (works, services);

reducing balance method;

a method of writing off cost based on the sum of the numbers of years of useful life.

Fixed assets of non-profit organizations are not subject to depreciation.

The cost of land plots and environmental management facilities is not repaid.

49. Fixed assets are reflected in the balance sheet at their residual value, i.e. at the actual costs of their acquisition, construction and manufacture minus the amount of accrued depreciation.

54. Material assets remaining from the write-off of fixed assets unsuitable for restoration and further use are accounted for at market value on the date of write-off.

Intangible assets

55. Intangible assets used in economic activity for a period exceeding 12 months and generating income include rights arising:

from patents for inventions, industrial designs, selection achievements, from certificates for utility models, trademarks and service marks or licensing agreements for their use;

Depreciation is not accrued for intangible assets of non-profit organizations.

Amortization of intangible assets is calculated regardless of the organization's performance in the reporting period.

The acquired business reputation of the organization must be adjusted within twenty years (but not longer than the life of the organization).

57. Intangible assets are reflected in the balance sheet at their residual value, i.e. at the actual costs of acquisition, production and costs of bringing them to a state in which they are suitable for use for the intended purposes, minus accrued depreciation.

Raw materials, materials, finished products and goods

The actual cost of material resources is determined based on the actual costs incurred for their acquisition and production.

Determining the actual cost of material resources written off for production is permitted using one of the following inventory valuation methods:

at the cost of a unit of inventory;

at average cost;

at the cost of the first acquisitions (FIFO).

60. Goods in organizations engaged in trading activities are reflected in the balance sheet at the cost of their acquisition.

When selling (dispensing) goods, their value may be written off using the valuation methods set out in paragraph 58 of these Regulations.

Settlements with debtors and creditors

77. Accounts receivable for which the statute of limitations has expired, and other debts that are unrealistic for collection, are written off for each obligation based on the inventory data, written justification and order (instruction) of the head of the organization, and are assigned, respectively, to the account of the reserve for doubtful debts or to financial results of a commercial organization, if during the period preceding the reporting period, the amounts of these debts were not reserved in the manner prescribed by paragraph 75 of these Regulations, or to increase expenses of a non-profit organization.

Profit (loss) of the organization

80. Profit or loss identified in the reporting year, but relating to operations of previous years, are included in the financial results of the organization for the reporting year.

82. In the case of the sale and other disposal of the organization’s property (fixed assets, inventories, securities, etc.), the loss or income from these transactions is attributed to the financial results of a commercial organization or an increase in expenses (income) of a non-profit organization.

IV. Procedure for submitting financial statements

Financial statements are presented to other executive authorities, banks and other users in accordance with the legislation of the Russian Federation.

The organization is obliged to submit financial statements to the established addresses, one copy free of charge.

85. Organizations are required to submit annual financial statements in the forms provided for in paragraph 30 of these Regulations.

Within the specified time frame, the specific date for submitting financial statements is established by the founders (participants) of the organization or the general meeting.

88. The day an organization submits its financial statements is determined by the date of its mailing or the date of actual transmission according to ownership.

If the date of submission of financial statements falls on a non-working (weekend) day, then the reporting deadline is considered to be the first working day following it.

The organization must provide an opportunity for interested users to familiarize themselves with the financial statements.

Accounting statements containing indicators classified as state secrets under the legislation of the Russian Federation are presented taking into account the requirements of the said legislation.

90. In cases provided for by the legislation of the Russian Federation, the organization publishes financial statements and an audit report.

Publication of financial statements is carried out no later than July 1 of the year following the reporting year, unless otherwise established by the legislation of the Russian Federation.

The procedure for publishing financial statements is established by the Ministry of Finance of the Russian Federation and the bodies that are granted the right to regulate accounting by federal laws.

VI. Storage of accounting documents

101. Responsibility for organizing the storage of primary accounting documents, accounting registers and financial statements lies with the head of the organization.

3. The Ministry of Finance of the Russian Federation, on the basis of the Federal Law "On Accounting", develops and approves provisions (standards) for accounting, other regulatory legal acts and methodological guidelines for accounting, forming a system of regulatory regulation of accounting and mandatory for execution by organizations in the territory Russian Federation, including when carrying out activities outside the Russian Federation.

4. In accordance with the Federal Law "On Accounting":

A) - b) have lost their force. - Order of the Ministry of Finance of Russia dated March 29, 2017 N 47n;

C) the main objectives of accounting are:

Formation of complete and reliable information about the activities of the organization and its property status, necessary for internal users of financial statements - managers, founders, participants and owners of the organization’s property, as well as external users - investors, creditors and other users of financial statements;

Providing information necessary for internal and external users of accounting statements to monitor compliance with the legislation of the Russian Federation when the organization carries out business operations and their feasibility, the availability and movement of property and liabilities, the use of material, labor and financial resources in accordance with approved norms, standards and estimates;

Preventing negative results from the organization’s economic activities and identifying internal reserves to ensure its financial stability.

6. Responsibility for organizing accounting in the organization and compliance with the law when carrying out business operations lies with the head of the organization.

7. The head of the organization can, depending on the volume of accounting work:

A) establish an accounting service as a structural unit headed by a chief accountant;

B) add an accountant position to the staff;

C) transfer on a contractual basis the maintenance of accounting to a centralized accounting department, a specialized organization or a specialist accountant;

D) maintain accounting records personally.

8. The accounting policy adopted by the organization is approved by order or other written order of the head of the organization.

In this case it is affirmed:

A working chart of accounts, containing the accounts used in the organization, necessary for maintaining synthetic and analytical accounting;

Forms of primary accounting documents used for registration of business transactions, for which standard forms of primary accounting documents are not provided, as well as forms of documents for internal accounting reporting;

Methods for assessing certain types of property and liabilities;

The procedure for conducting an inventory of property and liabilities;

Document flow rules and technology for processing accounting information;

The procedure for monitoring business transactions, as well as other decisions necessary for organizing accounting.

ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

On approval of the Regulations on accounting and financial reporting in the Russian Federation

1. Approve the attached Regulations on accounting and financial reporting in the Russian Federation.

2. To recognize as invalid:

Order of the Ministry of Finance of the Russian Federation dated December 26, 1994 N170 “On the Regulations on Accounting and Reporting in the Russian Federation”;

paragraph 3 of the order of the Ministry of Finance of the Russian Federation dated February 3, 1997 N8 “On the quarterly financial statements of the organization.”

c) the main objectives of accounting are:

Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n
"On approval of the Regulations on accounting and financial reporting in the Russian Federation"

About the document

Publishing a document

"Bulletin of normative acts of federal executive authorities", No. 23, September 14, 1998;

Document Note

!!!Order of the Federal State Statistics Service of the Russian Federation “On approval of the Instructions for filling out federal statistical forms.

THE BELL

ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Regulations on accounting and financial reporting in the Russian Federation

I. General provisions

Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 106 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 24, 2008 No. 116 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated November 27, 2006 No. 154 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated 07/06/1999 No. 43 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated 06/09/2001 No. 44 n (as amended on 10/25/2010)

Order of the Ministry of Finance of the Russian Federation dated November 25, 1998 No. 56 n (as amended on December 20, 2007)

Order of the Ministry of Finance of the Russian Federation dated 05/06/1999 No. 32 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated 05/06/1999 No. 33 n (as amended on 11/08/2010)

Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 No. 143 n

Order of the Ministry of Finance of the Russian Federation dated December 27, 2007 No. 153 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 107 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated July 2, 2002 No. 66 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated November 19, 2002 No. 114 n (as amended on December 24, 2010)

Order of the Ministry of Finance of the Russian Federation dated December 10, 2002 No. 126 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated June 28, 2010 No. 63 n (as amended on November 8, 2010)

Order of the Ministry of Finance of the Russian Federation dated December 13, 2010 No. 167 n

Legislative framework of the Russian Federation

Free consultation

Federal legislation

Reflection of purchased software in light of new accounting regulations

Accounting innovations of 2011 (order No. 186n)

Innovations 2011

The cost of property included in the fixed assets has been increased to 40 thousand rubles

Revaluation of non-current assets

Be careful with real estate

Exchange differences on assets and liabilities abroad

Clarifying the wording of deferred tax assets and liabilities

We take into account income and expenses of future periods only according to PBU

Doubtful accounts receivable

Reserves for future expenses

Clarifications related to financial statements

Accounting innovations of 2011: other

Regulations on accounting and financial reporting in the Russian Federation

I. General provisions

II. Basic accounting rules

Accounting requirements

Documentation of business transactions

Accounting registers

Valuation of property and liabilities

Inventory of property and liabilities

III. Basic rules for the preparation and presentation of financial statements

Primary requirements

Rules for evaluating financial statements items

Unfinished capital investments

Financial investments

Fixed assets

Intangible assets

Raw materials, materials, finished products and goods

Work in progress and deferred expenses

Capital and reserves

Settlements with debtors and creditors

Profit (loss) of the organization

IV. Procedure for submitting financial statements

V. Basic rules of consolidated financial statements

VI. Storage of accounting documents

Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n "On approval of the Regulations on accounting and financial reporting in the Russian Federation"

About the document

Publishing a document

Document Note

Read also

Electronic configuration of an atom Which of the proposed particles corresponds to the electronic configuration

Exercise “16 associations”

What is a mandala and how can it benefit you?

THE BELL

Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n
"On approval of the Regulations on accounting and financial reporting in the Russian Federation"