Sample explanatory note to the annual financial statements. Balance sheet: explanatory note to the balance sheet
One of the conventional forms of financial statements is an explanatory note. As the name implies, it contains a certain decoding of the statements, that is, in fact it describes in words the financial position of the company at the end of the year and the changes that occurred in it during the reporting period.
Explanatory note to the balance sheet - is it mandatory or not?
First of all, we note that you can not confuse the explanatory note and explanations to the balance sheet. The latter, in accordance with paragraphs 5 and 28 of PBU 4/99 “Accounting Statements of an Organization”, are separate reporting forms, such as a statement of cash flows, a statement of changes in equity and other forms in the financial statements that are actually considered as annexes to the balance sheet and report on financial results. The explanatory note itself also refers to the explanations in the reporting kit.
Is an explanatory note required in the balance sheet? Of course, the company should compile it and submit it to the IFTS as part of the financial statements. However, there is one exception. If the features of the company allow it to carry the status of a representative of a small business, then the accounting statements of such a company can be simplified. This involves filing financial statements in just two forms: a balance sheet and a statement of financial performance. The small company will also not have an explanatory note to the financial statements.
How to write an explanatory note: sample
The content of the explanatory note, in cases where it is necessary to compile, should provide the regulatory authorities with information about the activities of the company in the reporting period. It indicates the main characteristics of the business as a whole, as well as factors influencing changes in certain indicators. There is no strict form for an explanatory note. That is, an accountant can compose it in text form and use various tables, summaries, graphs or charts in it, in a word apply in this report all the ways of presenting information that he considers necessary. The data set for the explanatory note is also determined by the accountant. At the same time, it should be guided by the very purpose of this form, in other words, to disclose in it the information necessary for the formation of controllers' ideas about the company's activities.
Explanatory Note Example
Explanatory note to the balance sheet for 2016 (sample)
LLC Alpha
- General information
- Alpha Limited Liability Company
- Legal and actual address: Moscow, ul. Trade union d. 99.
- Date of registration: August 21, 2013.
- PSRN: 1077077077077
- TIN: 7727077700
- Gearbox: 772701001
- It is registered in the IFTS of Russia No. 27 in Moscow, certificate of state registration 77 No. 000000077.
- Registered capital: 10,000 (ten thousand) rubles, fully paid.
- Main activity: 70.3 - The provision of mediation services related to real estate.
- The number of employees as of December 31, 2016 was 65 people.
- Branches, representative offices and separate subdivisions are absent.
- The balance sheet is formed in accordance with the rules of accounting and reporting in force in the Russian Federation.
- Accounting policy
The accounting policy for accounting purposes for 2016 was approved by order of the Director General of December 25, 2015 No. 2015-12 / 28. In the reporting period, accounting policies have not changed.
- According to the approved document, the organization uses the linear method of depreciation of fixed assets and intangible assets.
- The cost of inventories, finished products is carried out at actual cost;
- write-off of inventories in production is carried out at average cost.
- The financial result from the sale of products, works, services, goods is determined by shipment.
- Key performance indicators (here you can give the main figures on the income and expenses of the company, reflected for accounting purposes)
- In the reporting year, the revenue of LLC Alfa amounted to:
- For the main activity of providing mediation services related to real estate - 158 456 120 rubles
- For other activities - 1 000 580 rubles.
- Other income: 670,800 rubles.
- Costs associated with production and sales:
- Acquisition of fixed assets: 3,480,780 rubles
- Depreciation: 44 118 rubles,
- Purchase of materials: 110,880 rubles.
- Payroll: 37 520 130 rubles,
- Travel expenses: 458 690 rubles,
- Rent: 5 420 180 rubles.
- Other expenses: 980,456 rubles.
- Transcript of balance sheet items as of December 31, 2016
(Here, individual articles of the balance sheet are decoded with more detailed information and explanations that may be of interest to auditors. Let us give an example of such an explanation on the line “Capital and reserves”).
4.1. Capital and reserves.
In 2016, the capital ratio and reserves were increased due to the portion of retained earnings of previous years remaining after the payment of dividends to the founders of LLC Alfa following the results of 2015. Thus, as of December 31, the cost of capital and reserves amounted to 880,000 rubles.
- Assessment of the value of net assets (data on net assets calculated on the basis of accounting indicators as of December 31 of the reporting year are provided).
- Composition of fixed assets (the indicator of the corresponding line of balance is decoded).
- Accounts payable (including the inclusion of debts to the budget at the end of the year).
- Other information.
General Director of LLC Alpha T. Ivanova
As already mentioned, the legislation does not offer a clear list of information regarding the financial activities of the company that the accountant would be required to include in the explanatory note to the balance sheet. The main thing when compiling it is to adhere to the general principle of compliance of financial statements.
Related parties in the explanatory note
However, particular attention should be paid to related party information when preparing an explanatory note. It is recommended to indicate it in this document as a separate section (paragraph 14 of PBU 11/2008).
The company has the right to determine the list of related parties, the data on which it will be reflected in the note. The data themselves should be disclosed in the context of information on transactions with related parties, as well as regardless of transactions, for those organizations and individuals that are recognized as affiliated.
Related parties in the explanatory note, example
- Information on affiliates as of 12/31/2016:
- Ivanova Tatyana Nikolaevna - founder of a 50% share of the property in the UK, holds the position of Director General.
- Petrova Ekaterina Borisovna - founder of a 50% share of the property in the UK, holds the position of Deputy General Director.
- Transactions carried out in the reporting period with related parties.
2.1. 03/20/2016, the general meeting of the founders of LLC Alpha reviewed and approved the financial statements for 2015. The meeting decided to pay at the end of 2015 profit in the amount of 7.8 million rubles to the founders based on their share in the authorized capital. Payment (taking into account withholding tax on personal income) was made on 1504.2016.
2.2. In July 2016, Alpha LLC concluded with the founder Petrova EB an agreement on the purchase of non-residential premises worth 1,250,000 rubles. The transaction value is due to an independent valuation of the property carried out by an independent appraiser. Settlements for the transaction were made in full in August 2016, at the same time an act of acceptance and transfer of the premises was signed.
The structure of the annual financial statements of organizations includes an explanatory note to the balance sheet-2017. A sample of this document is missing, so it can be made in any form. In it, the accountant describes the most important changes that occurred during the reporting period, and characterizes the financial situation at the end of the year. Learn how to do it right, learn from this article.
Currently, the current legislation does not provide for the mandatory provision of an explanatory note to the balance sheet as part of the annual reporting. However, in most cases you cannot do without it. There are no special requirements for this document, but it is desirable to make it without errors. Indeed, if the data do not match the data indicated in the report itself, the tax service may have questions. Let's see who, when, why, and in what form should make notes to the balance sheet?
The notes to the balance sheet and the note are not the same thing
The explanatory note to the balance sheet, a sample of which can be seen in this article, does not replace the explanations to the balance sheet. By virtue of PBU 4/99 “Accounting Statements of an Organization”, the latter concept, in fact, decodes individual reporting forms:
- statement of changes in equity;
- cash flow statement;
- other reporting forms and applications in the financial statements.
Whereas the note is an arbitrary transcript of the entire financial situation in the organization. It can contain both general information and detailed explanations of the lines of the balance sheet and the report on financial results. According to Article 14 of the Federal Law of December 6, 2011 No. 402 and clause 4 of the Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n, this document is part of the annual financial statements. In particular, paragraph 28 of PBU 4/99 stipulates that business entities are required to issue explanations to the balance sheet and form No. 2 in the form of separate reporting forms and a general explanatory note. Although officials do not put forward any specific requirements on the form and content of this document, all organizations must submit an explanatory note with a balance sheet.
An exception to the general rule are representatives of small businesses who have the right to prepare and submit accounting reports in a simplified form. They must provide only two mandatory forms: balance sheet and report on financial results. It is not necessary for them to decipher the meanings and describe their financial situation. However, if such a desire arises, compiling this document is not prohibited.
Who needs an explanatory note to the annual financial statements and why
A sample of this important document is necessary for all users of financial statements to obtain more complete additional information about the financial and economic activities of a legal entity. Such information, as a rule, cannot be provided in other reporting forms, but it is important and is of interest both to the founders or creditors of the company, and to regulatory authorities. The data in this document can be included on the basis of specific wishes, for example, the board of directors, as well as on the basis of the particular economic situation at the enterprise by the end of the year. For example, if the income tax for the reporting period turned out to be significantly lower than the previous one, it makes sense to describe the reasons for this in an explanatory note, since the tax authority, having received such data, will still ask them to explain. Anticipating this desire, you can avoid not only unnecessary questions from the tax authorities and calls to the "carpet" of the inspection, but also an exit inspection, which can be assigned as part of a desk.
What information should be in the explanatory note
There are no legal requirements for the content of this document. Each accountant independently determines not only the composition and completeness of the data in it, but also in what form it is more convenient to provide:
- plain text;
- diagrams;
- tables
- schemes;
- schedules.
There is a general outline of this document. On its basis, you can get an idea of \u200b\u200bwhat information is appropriate to bring. The most complete note may contain, in particular, the following sections:
- general data of the organization (address, average annual number of employees, types of economic activity, senior staff, etc.);
- general data on the applied accounting policy;
- analysis of current financial performance of the organization;
- textual and tabular explanations to the financial statements.
In order for the inspectors to have as few questions as possible, the document should necessarily indicate at least brief information about accounting methods. This is especially true for such areas as:
- valuation of goods, inventories and finished products;
- valuation of work in progress;
- depreciation of fixed assets;
- recognition of revenue from sales.
In addition, if changes have been made to the organization’s accounting policies, you need to not only report this in a note, but also justify their reasons and need. There must be an assessment of the result of changes in monetary terms, namely, the amount by which the assessment of the items in the financial statements has changed due to a change in the accounting method. If the plans for the current year include actions affecting the facts of the organization’s economic activity or its continuity, for example, the forthcoming liquidation of the organization, then this must be written in a note.
In the form of tables, it is desirable to give decryption of the lines of balance and form 2, in particular:
- data on changes in the capital of the organization (authorized, reserve, additional, etc.);
- on the composition and movement of reserves for future expenses and payments;
- estimated reserves of the organization;
- changes in the structure and volume of intangible assets and fixed assets;
- data on the leased property of the organization;
- information on financial investments, receivables and payables;
- the composition of production costs and other expenses;
- sales volumes of products, goods, works, services by type of organization activity and sales markets;
- data on securing the obligations of the organization;
- all extraordinary facts of economic activity of the organization in the reporting period and their consequences.
In addition to dry facts and figures, an explanatory note welcomes the analysis of the financial performance of the organization. Such information, first of all, interests founders, shareholders and investors, but this information will tell a lot to tax specialists. In particular, information on the organization’s business activity and its market position will be useful when applying for VAT deductions or when opening foreign economic activity. If the work is not going as fast as you would like, and the results of the year are losses, a well-written explanatory note with a detailed analysis of all factors will help to avoid suspicion from the tax authorities of the use of illegal methods of tax reduction. If in the document it will be possible to find answers to all questions of interest to the tax authorities, then it will be easier to avoid additional methods of supervision.
Explanatory note to the financial statements, sample
In order for our readers to have an idea of \u200b\u200bwhat this document might look like, we took the conditional organization LLC Horns and Hooves, which has been operating since 2005, and is engaged in the production and sale of dairy products. Her chief accountant drafted this document as follows:
Notes to the balance sheet of LLC Horns and Hooves for 2017
1. General information
Horns and Hooves Limited Liability Company (LLC) was registered by the IFTS No. 1 in St. Petersburg on March 29, 2005. State Registration Certificate No. 000000000, TIN 1111111111111111, KPP 22222222222, legal address: 1, Nevsky Prospect, St. Petersburg.
The balance sheet of the organization was formed in accordance with the rules and requirements of accounting and reporting in force in the Russian Federation.
- The authorized capital of the organization: 5,000,000 (five million) rubles, fully paid.
- Number of founders: two individuals O. M. Kurochkin and II. Ivanov and one legal entity LLC "Milk".
- Main activity: milk processing OKVED 15.51.
- The number of employees as of December 31, 2016 amounted to 165 people.
- Branches, representative offices and separate subdivisions are absent.
2. The main provisions of accounting policies
The accounting policy of Horns and Hooves LLC was approved by order of the director Ivanov I.I. dated December 25, 2013 No. 289. The linear depreciation method is used. Valuation of inventories and finished products is carried out at actual cost. The financial result from the sale of products, works, services, goods is determined by shipment.
3. Information about affiliates
Ivanov Ivan Ivanovich - founder of a 50% share of ownership in the UK, holds the position of Director General.
Kurochkin Oleg Mikhailovich - founder of a 30% ownership interest in the UK.
Milk LLC is the founder of a 20% ownership interest in the UK, a Russian organization (founders V.P. Petrov and Yu.K. Sidorov).
In the reporting period, the following financial transactions were performed with related parties:
- On March 12, 2017, the general meeting of the founders of Horns and Hooves LLC reviewed and approved the financial statements of the organization for 2016. The meeting decided to pay at the end of 2016 profit in the amount of 3,252,000 rubles to the founders based on their share in the authorized capital. Payment (including personal income tax withholding for two individuals) was made on 01.04.2017;
- May 25, 2017 LLC Horns and Hooves concluded with the founder of LLC Milk Yu.K. Sidorov agreement on the purchase of non-residential premises worth 5 102 000 rubles. The transaction value is due to an independent appraisal of the value of the property. Settlements under the contract were made in full on June 6, 2017, an act of acceptance of transfer of real estate was signed.
4. Key performance indicators of the organization for 2017
In the reporting year, the revenue of Horns and Hooves LLC amounted to:
- in the main activity “production and sale of dairy products” - 385 420 020 rubles;
- for other activities - 650 580 rubles;
- other income: 170 800 rubles (OS implementation).
Costs of production and sales of products:
- acquisition of fixed assets: 1 410 500 rubles;
- depreciation of fixed assets: 45,230 rubles;
- purchase of raw materials: 110 452 880 rubles;
- wage fund: 137 580 040 rubles;
- travel expenses: 238 300 rubles;
- rental of premises: 8 478 190 rubles;
- other expenses: 532 458 rubles.
5. The breakdown of the balance sheet items as of December 31, 2017 (using payables as an example)
Availability and movement of receivables
Indicator Period For the beginning of the year Period Changes At the end of the year Contracted Bad debt reserve Received Retired The remainder In thousands of rubles with a decimal place According to agreements (transactions) Fines, penalties, forfeits Redeemed Written off to fin. result Written off to the reserve for doubtful debts Current Overdue Total short term
accounts receivable, including:2017 year 25 489,3 (200,0) 15 632,7 300,4 (25 023,2) (102,1) (48,9) 15 726,1 522,1 buyers 20 409,0 (200,0) 10 015,5 300,4 (17 315,3) (87,7) (48,9) 12 750,9 522,1 suppliers 5080,3 - 5617,1 - (7707,9) (14,4) - 2975,2 - Total long-term receivables, including: 2017 year 50 000,0 - - - - - - 50 000,0 - interest-free loans 40 000,0 - - - - - - 40 000,0 - TOTAL RECEIVABLES 30 489,3 (200,0) 15 632,7 300,4 (25 023,2) (102,1) (48,9) 65 726,1 522,1 6. Estimated liabilities and reserves
As of December 31, 2017, the organization formed an estimated liability for payment of regular employee vacations in the amount of 7,458,000 rubles, the number of unpaid vacation days - 67, the due date - 2019.
An allowance for doubtful debts has been created in the amount of 600,000 rubles. due to the presence of overdue and unsecured debt of LLC “Girya” in the amount of 522 000 rubles.
The reserve for the decrease in the cost of inventories in 2017 was not created in the organization, since inventories have no signs of depreciation.
7. Salary
Salary payables as of December 31, 2017 in the whole organization amounted to 3,876,400 rubles. (payment for December 2017, due: 01/12/2018). The staff turnover in the reporting period amounted to 14.88%. The list of employees as of December 31, 2016 is 165 people. The average monthly salary is 25,675 rubles.
8. Other information
(In this section, you need to describe all the extraordinary facts in the economic and economic activities of the organization for the reporting period, to describe their consequences. You can also describe all other significant facts that influenced the whole and, in particular, the balance sheet. You can list major transactions and counterparties on them for the reporting period, as well as write a forecast or events that have already occurred after the reporting date and are significant.)
Director of Horns and Hooves LLC / signature / Ivanov I.I. 03/19/2018.
Particular attention in the preparation of an explanatory note must be given to information about affiliates. It is desirable to fill out these data in a separate section, as required by paragraph 14 of PBU 11/2008. According to the law, it is necessary to disclose information not only about the founders of the organization itself, but also about related persons, therefore, if the founders (as in our example) have a legal entity, it is necessary to indicate its participants or shareholders. In addition, information should be indicated on transactions with related parties carried out in the reporting period, as well as, irrespective of transactions, for those legal entities and citizens that are recognized as affiliated.
Obviously, the competent preparation of an explanatory note to the financial statements can save the head and accountant from additional communication with regulatory authorities. It is important to remember that the detailed information in this document depends only on its compiler - on the intention of the organization itself to disclose or not certain indicators for the year. The main and only requirement that the legislator makes to this document is that the information contained in the explanations must be reliable. The responsibility for its correctness lies with the person who signed the document.
2017 Annual Report with Consultant Plus
All the necessary expert materials for the preparation of accounting and tax reporting for the year can be found in. It has special material on this topic - the Practical Guide on annual reporting-2017, which thoroughly analyzed all aspects and nuances, provides examples and step-by-step instructions, as well as samples of filling out all forms and forms.
In the practice of accounting, the degree of disclosure is established as necessary and depending on the curator. So, to submit a balance on a team (to the head office), some indicators may be specified, and for the tax one, others.
What is an explanatory note to the financial statements
The definition of supporting documentation is based on the provisions of Article 5 of the Accounting Regulation (PBU) 4 of 1999. The volume of the application is determined by the requested authorities, also depends on. Large enterprises during the reporting period may be engaged in the preparation of several hundred sheets of explanatory notes.
The document itself usually provides a transcript of key enterprise indicators that are of interest to or. Note may include estimates such as turnover ratio, profitability, or inventory ratio. Numeric parameters are calculated based on the lines of the balance sheet.
A considerable part of the content is a description of the reasons for the formation of receivables and payables, the consequences of an increase or decrease. If in the reporting period there was a bonus (depremiration) for the positions of workers, employees, managers. Often, a note indicates the facts of the movement or disposal of large assets, the reasons (orders for the company).
What is an explanatory note to the financial statements, the video below will tell:
Concept and normative consolidation
The main regulatory act for the purpose of compiling a note with explanations is PBU 4 1999. This regulatory document reinforces the need for the formation of the document, but does not display its content. The structure and degree of information disclosure is determined by enterprises based on the appeal of affiliates and regulatory authorities. Again, if the founders have the right to receive comprehensive information about the actual state of affairs at the enterprise, then for tax and statistics information is disclosed to a degree sufficient for monitoring.
When compiling a template for an explanatory note, you can refer to the Accounting Act. The normative provides approximate names of sections in which essential information about the enterprise should be specified.
Composition and Role
- According to all the same PBU 4 1999, the composition of the explanatory note is determined by the requests, and internal (local) regulations. The disclosure procedure is enshrined in;
- For the purposes of preparing for writing the audit report, the organization addresses the requirements (request) of the inspectors to compile. In the absence of an explanatory note in the annexes, there is a risk of receiving a comment on the submission of forms in part or to receive a request for an additional set of reports.
In the absence of an explanatory note, one can not only encounter a misinterpretation of reporting indicators, but also provided for in the Tax Code, article 126. The chief accountant will also be given a responsibility level in accordance with the Administrative Code, article 15.6.
Order of abandonment
Due to the fact that the guidance documents and albums do not have a single template for filling out, companies usually use their own forms of accompanying documents. As a rule, a note contains several sections, each of which reveals certain production indicators and determines the results of activities for the reporting period. Paragraphs of explanations are again developed taking into account the practice of appeals to this reporting form.
The standard structure of the explanatory note is as follows:
- General information. It discloses the legal information of the object of control, the status of the company, types of activities according to. If this does not contradict the corporate Code, the number of employees in the state may be indicated;
- An excerpt from accounting policies regarding the display and collection of indicators for reporting;
- Analysis of the numerical parameters of the balance sheet, analysis of the dynamics of the main indicators of the profit and loss statement. At least five major suppliers and five consumers are indicated here;
- Organization plans for the future, for example;
- Significant events since the last report;
- Loans received, financial assistance, participation in government programs;
- Conclusion
Forms
Since there is no single form for writing a note, it is preferable to fix its form in the annex to the accounting policy. This eliminates the possibility of unreasonable changes to sections of the report when changing officials, departure on vacation. The manager should also understand that it will not work to add or remove some sections with ease; you will have to fix your decision in writing.
Form PZ can be downloaded for free.
Explanatory note on financial statements (sample fill)
The principles for preparing financial statements together with the PP are described in this video:
Reporting period
Most often this is the year. For verification purposes, a slice of indicators may be requested for a shorter period. In any case, accountants should not despair, since information in the early period will subsequently become the main one for compiling the final note.
Who and where is provided
The explanatory note as an integral appendix to the balance sheet, budget of income and expenses or the statement of cash flows, is formed by the accounting department or a responsible employee of the financial department. It all depends on the status of the requested enterprise.
For example, accounting may be an application for tax, and - for presentation to a higher authority. In any case, the actions of specialists must be coordinated. Differences in information may be formal, but should be taken from official credentials.
Submission Procedure
Together with reporting forms in paper version or scanned copy by means of communication.
PZKBO audit
Analysis of the note reveals the following:
- Completeness of information;
- Are key indicators decrypted (profit, taxes, deviations from the norm);
- Whether indicated, including disposal;
- Does the enterprise conceal the possible;
- The degree of competence in conducting internal analysis;
- Does the company develop in the future.
For the analysis, the controlling body can use financial formulas to calculate the parameters of interest or indicate the need for such calculations in the content of the explanatory note.
An explanatory note can be created in 1C: Consolidation 8, as the video below will tell about:
Any reporting of the enterprise will be clearer for users of information if there is an explanation. An explanatory note to the balance sheet and the statement of financial results is provided for the financial and accounting statements. Consider the sample filling in the notes to the balance sheet.
The explanations drawn up to the financial and accounting reporting are urged:
- disclose in detail the meaning of reporting indicators;
- to link the content of reports with each other;
- reflect the current accounting policies of the enterprise;
- justify the financial result obtained.
This is an important document, based on which you can conduct a deep analysis of the economic activities of the organization.
An explanatory note should be made by all organizations conducting full accounting. The exception is small businesses that are allowed a simplified accounting procedure and are not subject to a statutory audit.
The law does not establish a mandatory presentation form; it can be formatted using tables and text. There is only a form recommended by the Ministry of Finance.
Terms and order of submission of the explanatory note
An explanatory note is drawn up at the same time as the accompanying financial statements. The order of presentation also coincides with the order, term and addressees of the presentation of annual or interim accounting and financial statements.
Get 267 1C video lessons for free:
The contents of the explanatory note to the balance sheet
In the process of compiling the explanations, it is necessary to disclose the indicators shown in the reports in aggregate:
- value of fixed assets;
- value of intangible assets;
- stock value;
- accounts payable;
- accounts receivable;
- structure and size of financial investments.
You also need to consider that the contents of not only the balance sheet items, but also other reporting forms are disclosed, especially with regard to the Statement of Financial Results.
Almost always, if an enterprise suffers a loss based on the results of the reporting period, the tax authority requires it to be justified and to confirm the correctness of accounting for income and expenses. In this situation, the totality of balance sheet indicators, cash flow statement, statement of changes in capital, can confirm the correctness of tax calculation.
If the company changed the accounting policy, then it is necessary to reflect this in the text and explain the essential conditions of the accounting policy.
Also in the explanatory note reveals the composition of affiliates.
Sample explanatory note to the balance sheet
Example 1. How to start an explanatory note
Example 2. How to clarify individual balance sheet items
In the explanatory note, we give, for example, such tables, with an explanation of which indicator is indicated in the corresponding line of the balance sheet.
Example 3. How to clarify the Report on financial results
With careful and systematic maintenance of tax accounting registers, it will not be difficult for an accountant to enter the accounting results in a simple table. In this case, the cost structure of the enterprise is clearly visible.
This method of explanation is also convenient for the further preparation of the Report for the founders. The visibility of the expense items allows the owner to make adequate decisions and evaluate the profitability of business areas.
If the company receives income from several types of activities, it is also advisable to divide the gross income received into separate articles:
Thus, a competently and fully prepared explanatory note resolves the following issues:
- reduces the number of clarification requirements received by the organization from the tax authorities;
- reduces the likelihood of field visits;
- gives users the most accurate picture of the economic life of the organization;
- serves as the basis for deep analytics of business processes;
- helps owners to correctly assess the situation and develop profitable areas.
Source: Clerk.ru
An explanatory note to the annual reporting together with the balance sheet of the organization must be presented in the financial statements within 90 days after the end of 2013. .
The date of submission of financial statements for an organization shall be considered the day of its mailing or the day of its actual transfer by affiliation.
If the date of submission of financial statements falls on a non-working (day off) day, the deadline for submission of financial statements is the first working day following it (paragraph 47 of PBU 4/99).
For micro-enterprises and small enterprises, where the balances are examined in detail, balances and turnovers, on which accounts are the balance sheet and the statement of financial results for small businesses (KND form 0710098).
Based on the Law No. 402-FZ “On Accounting”, the Ministry of Finance Order No. 66n, and the provisions of the current PBU are shown
An example of filling out an EXPLANATORY NOTE to the annual reporting for 2013 with comments and clarifications
The article will help to draw up a balance sheet, the balances and turnovers are examined in detail, on which accounts make up the Balance Sheet and the Report on financial results for small businesses (KND form 0710096). Download forms of balance sheet and statement of financial performance. Simplified financial statements for small businesses. Download the program Taxpayer version 4.46.
Note: Filling in the forms of accounting (financial) statements by small businesses and NPOs according to the new form of KND 0710096
Information disclosure service: financial statements, balance sheets and all other forms for free.
Reporting via the Internet. Contour Extern
Federal Tax Service, PFR, FSS, Rosstat, RAR, RPN. The service does not require installation and updating - the reporting forms are always up-to-date, and the built-in verification will ensure the delivery of the report the first time. Send reports to the Federal Tax Service directly from 1C!
ADDITIONAL LINKS ON THE TOPIC |
-
Starting with the reporting for 2011, organizations draw up reports in the forms approved by Order of the Ministry of Finance No. 66n of 02.07.2010. The balance sheet should characterize the financial position of the organization as of the reporting date. -
An example of compiling a report on financial results for an organization for 2013 with comments and explanations is shown. -
Starting from the 2011 financial statements, the accounting statement “Cash Flow Statement” (PBU 23/2011) has been applied, which was introduced in order to bring Russian accounting standards closer to international standards