Accounting

By the Law of 26.03.2022 No. 67-FZ (subp. “b” p. 12, subp. “b” clause 13 of Article 2) introduced a temporary procedure for the recognition for profit taxation of exchange differences arising in the period from 01.01.2022 to 31.12.2024. Temporary order in 2022: • did not change the rules for including in non-operating expenses on the last calendar day of the month the amounts of...

Financial statements are also called financial statements. Its task: to provide reliable data on the financial position of the economic entity, what is the result of its activities in the field of finance, as well as on the cash flow in the period for which the report is submitted. All this is necessary in order to make the right decision in the field of economics. Fixed in Art. 13 of the Federal Law...

Due to the popularity of outsourcing accounting processes in Russia for several years, this service remains increasingly in demand in the field of small and medium-sized businesses. As you know, the accounting of a company can be assigned to a third-party organization, or a third-party individual. In this case, it is necessary to conclude a contract for the provision of accounting services with a...

Each legal entity by the Federal Law “On Accounting” engage to maintain accounting and tax records of its economic activities, regardless of the applicable tax system, as well as submit accounting and tax reports within the time limits established by tax legislation. The cost of accounting support depends on many factors, mainly on the number of transactions, suppliers and customers, and the...

The cost of accounting services of the company depends on various factors – the type of activity of the company – for example, production, trade, construction, etc., the taxation regime and other factors. The calculation of the cost of services begins with an assessment of the type of business activity of the company, since there are specific features of accounting for a trading company and a...

An audit of financial statements is understood as an independent audit of financial statements by an auditing organization or an individual auditor, the purpose of which is to express an opinion on its reliability in all material aspects for a certain period. Accounting is an orderly system for collecting, registering and summarizing information in monetary terms about the state of property,...

Assets in accounting are the property of the company, which it disposes to carry out it’s activities and make a profit. Asset accounting is the control of owned real estate, goods, stocks, raw materials, cash. Assets are divided into • current assets, non-current assets; • intangible assets, tangible assets; • low-liquid assets, highly liquid assets, and illiquid...

By the Law of 26.03.2022 No. 67-FZ (subp. “b” p. 12, subp. “b” clause 13 of Article 2) introduced a temporary procedure for the recognition for profit taxation of exchange differences arising in the period from 01.01.2022 to 31.12.2024. Temporary order in 2022: • did not change the rules for including in non-operating expenses on the last calendar day of the month the amounts of...

Last year, a bill was submitted to the Federation Council and the State Duma on the launch of the digital ruble. The Central Bank will be the operator of the platform and will carry out operations with digital rubles, regulating these operations. A document that amends the Civil Code was also approved for the introduction of norms on digital rubles. The law will include such concepts as a digital...

The Ministry of Finance of the Russian Federation refused the proposal to amend the Tax Code in terms of taxing the income of Russians employed in Russian companies who work remotely outside the Russian Federation. At the moment, the text of the amendments to the code is being coordinated in the relevant departments.For the first time at the legislative level, they started talking about changing the...