Preparation of annual reports for the year

After the introduction of the Law “On Accounting” No. 402 of December 6, 2011, new requirements for accounting reporting appeared. In this regard, many questions arise about what the annual financial statements for 2016 look like, what composition and forms they have, and whether they require filling out any additional documents. This will be discussed in the article.

The main question for a confused accountant is information about the composition of the reports being submitted. Law No. 402 clearly defines the list of papers required to be submitted. The composition of the annual financial statements for 2016 is as follows:

• balance sheet;
• income statement.

Additionally, attachments to these document forms are used. It is noteworthy that previously the financial results statement had a slightly different name - the profit and loss statement.

As before, an audit report will be required if the company is required to undergo an appropriate audit. But this document does not need to be submitted along with the rest of the reporting. An explanatory note to the 2016 annual financial statements is not required as a separate document. Starting from January 1, 2013, all necessary explanations are included in the relevant reports.

Annual reporting forms

When preparing the annual report, the accountant must use special forms of documents. Unified forms allow you to systematize information about the operation of an enterprise, which can also be used to analyze the results of activities over the past period. It is necessary to apply the following forms of annual financial statements for 2016:

1. Balance sheet. A special form 1 has been developed. In it, organizations must reflect information about existing assets and liabilities. In essence, such a document reflects everything that the enterprise owns and what it owes to other organizations.
2. Income statement. In this case, unified forms of annual financial statements for 2016 are also used. Form 2 is already needed here. It displays the movement of cash and other assets, contributions to the Federal Tax Service (all receipts and expenses must be indicated).

There is also a simplified BFO. But only the following enterprises have the right to use abbreviated reporting forms:

• organizations that do not have the goal of making a profit;
• enterprises included in the number of participants in the Skolkovo innovation center.

The activities of each of these forms of enterprise are regulated by a separate law. The rest can use a practical guide to annual financial statements 2016 to avoid mistakes.

Changing deadlines for submitting BFO and other innovations

In 2016, enterprises were freed from the need to submit interim reports. Now the Federal Tax Service only needs to provide annual financial statements in accordance with the established deadlines. We will also have to transfer information to Rosstat. Therefore, it is necessary to fill out one copy for this authority in advance. Financial statements for 2016 must be submitted by March 31, 2017.

But these are not the only changes that have occurred over the past few years. Here are the most significant of them:

• Accounting is the responsibility of all organizations, regardless of their chosen form of ownership and the need to pay certain types of taxes. This does not apply only to private entrepreneurs who are exempt from reporting.
• The company must store all information about the financial institution for another 5 years after its compilation.
• The concept of accounting registers appeared. These are counting tables that allow you to systematize information and store data on primary documents. The use of registers is mandatory; they contain information about the organization.

Now you know about all the requirements and innovations, which will allow you to fill out the annual financial statements for 2016 correctly.

In what form, full or simplified, can NPO financial statements be submitted in 2016?

Today we will look at what form, full or simplified, can be used to submit booze. NPO reporting in 2016 and what annual forms these structures must submit to the Tax Office.

Mainly, commercial and non-profit companies differ in the fundamental goals of their activities, so, for the former, it is to extract profit in the maximum possible amounts, for the latter, profit does not play a dominant role, as stated in Article 50 of the Civil Code of the Russian Federation, it is on this that they should base their work NPO. In addition, Federal Law No. 7-FZ dated January 12, 1996 “On Non-Profit Organizations” was developed specifically for such structures.

What a bang. Do NPOs submit reports for 2016?

Like any other, non-profit structures submit accounts at the end of the reporting year. reporting, guided in this matter by the provisions of the Federal Law dated December 6, 2011 No. 402-FZ “On Accounting”, the Regulations developed by the Ministry of Finance of the Russian Federation and approved by Department Order No. 34n dated July 29, 1998, accounting provisions - PBU 4/99. In addition, it would be useful to study the explanatory materials proposed by the Ministry of Finance PZ-1/2015 “On the peculiarities of the formation of financial statements of non-profit organizations” and the main order on accounting forms. reporting for organizations of all types of the same department 07/02/2010 No. 66n.

Thus, non-profit structures, guided by paragraph 4 of Article 6 of Law No. 402-FZ, can submit accounts. reporting in a simplified format.

For them, reporting includes:

• balance sheet in form OKUD 0710001 (find out: How to fill out a Balance Sheet in Bukhsoft Online);
• reporting on financial results - form OKUD 0710002;
• reporting on the use of funds for designated purposes - form OKUD 0710006 (read: about the NPO Form and the procedure for working with the form for accounting for target revenues).

NPOs may well submit their annual reports to the tax authorities in full format; this is done at the discretion of the management of the organization itself and is necessarily enshrined in the accounting policy.

If the law does not require a non-profit structure to submit cash flow statements in the OKUD form 0710004, then it is not necessary to submit it. In addition, NPOs do not need to disclose information about changes in capital in their reporting, as evidenced by the provisions of PBU 4/99.

In addition to the annual account. NPOs have many other reporting obligations; for example, to account for utility bills, Bukhsoft has developed a simple and convenient program for calculating utility bills.

NPOs, by the way, can conduct business activities, this is not prohibited by law, but without doing this, you can submit simplified accounting reports once a year, it will also include a balance sheet, a financial report and a report on the use of earmarked funds.

NPOs are allowed to develop their own form of explanations for the submitted balance sheet and financial statement, and should be based on Appendix 3 to Order No. 66n. And the Regulations approved by Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n, allow non-profit organizations to independently determine which indicators will be reflected in the submitted accounting. reporting.

And yet, all NPOs submit financial statements, regardless of the taxation system they choose.

Zero balance of non-profit organizations

In one of our previous materials, we noted that commercial companies cannot have a zero balance sheet, because at a minimum it should reflect data on the authorized capital, which is mandatory for these structures. NPOs do not need to form and pay authorized capital, which is provided for by current legislation.

Therefore, even in the absence of any activity and movement of funds, the NPO will need to submit a zero balance to the tax authorities and the statistics agency.

At the end of March, all accountants in the country will have to submit their annual financial statements. In addition to the well-known balance sheet, you need to submit to the Federal Tax Service and its annexes. We will tell you below which applications you will need and when to submit them.

A balance sheet, a statement of financial results and several appendices - this is what a complete set of annual reports looks like (Part 1, Article 14 of Federal Law No. 402-FZ of December 6, 2011). The nuances of preparation, the composition of reporting and its detailed content are disclosed in PBU 4/99.

There are such applications:

• statement of changes in equity;
• cash flow statement;
• a note with explanations (clauses 2 and 4 of Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n, letter of the Ministry of Finance of Russia dated May 23, 2013 No. 03-02-07/2/18285);
• report on the intended use of funds (only for non-profit organizations, Part 2, Article 14 of Law No. 402-FZ).

The deadline for submitting all reports is March 31, 2019. Everything can be rented out at once; there is no need to rent it out separately.

Small businesses have the right to submit simplified financial statements.

Publicity of reporting

There are a number of companies that are required to publish financial statements. That is, the data of their activities must be available to all interested parties (Clause 9, Article 13 of the Federal Law of December 6, 2011 No. 402-FZ).

You can find out whether an organization must publish reports by analyzing the law governing the company's activities. For example, self-regulatory organizations are required to publish reports (clause 11, clause 2, article 7 of Federal Law No. 315-FZ of December 1, 2007).

Joint-stock companies must disclose their annual reports (Clause 1, Article 92 of Law No. 208-FZ of December 26, 1995).

Try it

How to draw up a balance sheet

The balance is compiled based on data on accounts at the end of the year. Includes two sections, the results of which must be equal. It's an asset and a liability. The balance sheet was once called Form No. 1.

Types of balance sheet: simplified and complete. The first option may be small businesses. The rest present a balance sheet with a detailed breakdown by item.

The deadline for submitting the balance sheet for 2018 is March 31, 2019.

Example of filling out a balance sheet

LLC "Flags" was created in 2018. At the end of the year, the chief accountant (who is also the director) compiled a balance sheet based on the balance sheet for the accounting accounts. Since this is the first year of activity, there are no figures for the previous two years. Account balances are presented in the table.

Line 1150 of the balance sheet records the difference between accounts 01 and 02, that is, the residual value of fixed assets is reflected.

Balances on account 10 are entered in line 1210. VAT must be taken into account in line 1220. All funds are reflected in line 1250 of the balance sheet asset (15 + 88 = 103).

For authorized capital there is line 1310, and for retained earnings there is line 1370.

The balance of account 66 (loans) is reflected in line 1510. All debt to creditors is in line 1520 (40 + 45 +14 +37 = 136).

At the end of filling out the balance, you need to compare lines 1600 and 1700 - they must be equal. In the example, the balance sheet total is 300 thousand rubles.

Download a sample balance sheet

Download a blank balance sheet

Submit your financial statements on time and without errors!
We are giving access for 3 months to Kontur.Ektern!

Try it

Income statement

Also, many people habitually call this report Form No. 2. There are no line codes in the approved form. They need to be entered independently, based on the encoding presented in Appendix No. 4 to Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n.

When drawing up a balance sheet, you can be guided by the final account balance. To report on financial results, you will need account turnover.

So, a summary of the report lines:

Code 2110 - turnover on the credit of account 90 “Revenue”. Let's assume that Flagi LLC earned 11,000 thousand rubles.

Code 2120 - turnover in the debit of account 90. The cost of goods, products sold, work, etc. is written here. Let’s say Flags LLC attributed costs to cost in the amount of 7,000 thousand rubles.

Code 2100 is the difference between lines 2110 and 2120. That is, in our example, the calculation is as follows: 11,000 - 7,000 = 5,000.

Code 2210 - turnover on the debit of account 90. In this line we will write down the commercial expenses (account 44) of Flagi LLC, which amounted to 1,500 thousand rubles.

Code 2220 - turnover on the debit of account 90 “Cost of sales” in correspondence with account 26. The accountant will write down the amount of 1,300 thousand rubles in the report.

Code 2200 = line 2100 - 2210 - 2220. The profit of Flagi LLC will be 2,200 thousand rubles. (5,000 - 1,500 - 1,300).

Code 2340 - turnover on the credit of account 91 (amounts on lines 2310 and 2320 are not taken into account).

Code 2350 - turnover on the debit of account 91 minus line 2330.

Code 2300 = line 2200 + line 2310 + line 2320 + line 2340 - line 2330 - line 2350.

Code 2410 - accrued income tax (20% of line 2300). LLC "Flags" had a profit of 144 thousand rubles. This means that the tax is 29 thousand rubles. (144 x 20%).

Code 2400 = 2300 - 2410 - 2460. You also need to take into account lines 2430 and 2450 (either subtract or add depending on the sign of the line).

Download a sample financial performance report

Download a blank financial results report form

Statement of changes in equity

This report breaks down all of the company's capital movements in detail. The report consists of three sections. By the name of the line, you can easily understand what information should be entered for a particular code.

Among accountants, the form is also called Form No. 3.

In our example, Flagi LLC had no activities in 2016 and 2017, so the corresponding lines in the report will be empty.

Line 3311 is equal to balance line 1370. The total for line 3300 will coincide with the amount for line 1300 of the balance sheet. Section 2 of the report is not completed, since Flags LLC did not have any adjustments.

Section 3 of the report will tell users about the availability of net assets. In our case, they are equal to 125 thousand rubles. (total assets less current liabilities, 300 - 175 = 125).

Download a sample statement of changes in equity

Download a blank statement of changes in capital form

Cash flow statement

Presented as part of annual reporting. Previously, the report was called Form No. 4.

Let's look at filling using an example.

Cash balances of Flagi LLC as of December 31, 2018:

Cash at the cash desk - 15,000 rubles.

In the bank account - 88,000 rubles.

The amount of revenue from the sale of goods without VAT is 11,000,000 rubles.

The loans received amounted to 39,000 rubles, and there were no repayments.

Payments on current debts amounted to 10,936,000 rubles.

Explanatory note

Explanations for the balance sheet are provided in any form. They disclose in detail the indicators indicated in the balance sheet and other annual reports. The company determines the content of the note itself. But the more detailed the explanatory note, the fewer questions and doubts the tax inspectorate will have. Also, an explanatory note may be needed by the founders and other persons working with reporting.

What can and should be included in the explanatory note is revealed in clauses 24-31 of PBU 4/99.

Error correction

An accountant may discover errors in a company's accounting that distort accounting and, accordingly, reporting.

If an error is discovered before reporting is generated, it is corrected by the date of the reporting year. There are two nuances here:

1. The error was found in the reporting year. In this case, reversing entries are made in the month of discovery.
2. The error was found by the accountant in the new year. Then you need to make corrections to the accounting in December.

If the reports have already been submitted, errors should be corrected for the current year. The postings will contain account 84. If significant errors are identified after submitting the reports, the reports will not be resubmitted. The adjusted figures will need to be reflected in the reporting for the current year by adjusting the opening balance in the balance sheet and other reports.

Similar instructions for making corrections are provided in

Even small businesses are now required to submit financial statements, forming their indicators based on their accounting. However, many companies still have unanswered questions: how to prepare reports? Where to get its forms? When and in what kit should I take it? This will be discussed in this article.

Accounting statements contain information about the property and financial position of the company at the end of a particular year.

On based on these data, in particular:

• the degree of solvency of the company and its business activity is analyzed in order to provide loans and credits;
• statistical reporting is compiled for the purpose of macroeconomic planning;
• internal indicators of economic activity are planned;
• We analyze the strengths and weaknesses in the company's activities and develop measures to eliminate weak areas.

In other words, financial statements– a serious source of information. Therefore, it must be compiled to reflect reliable indicators and in accordance with current legislation.

Regulatory regulation of delivery and preparation

First of all, it is worth noting that financial statements are a register in which information is collected, reflecting liabilities, turnover, fixed and working capital, financial results, volume of cash and non-cash funds and much more.

To form each of the indicators required:

• its reflection according to the standards approved by current legislation for a specific area of ​​accounting and enshrined in the Accounting Policy. In accounting, these regulations are called Accounting Regulations (in the text - PBU);
• documentation of the operation. Moreover, both incoming documents and documents for registration and internal movement are required;
• continuity of the accounting process;
• correct reflection on the accounting accounts in accordance with the current regulations.

And to reflect these indicators in reporting, it is necessary to comply with other requirements, which are approved, in particular:

1. By order of the Ministry of Finance of the Russian Federation PBU No. 4/99 “Accounting statements of an organization”, No. 43
   from 07/06/1999 This document sets out the basic rules for the preparation of reporting - the composition and requirements for its completion, rules for evaluating articles for its completion, interimity and publicity of reporting, and much more;
2. Order of the Ministry of Finance of Russia “On forms of accounting reporting of organizations”, No. 66n dated 07/02/2010. This regulatory act approves all forms of reporting, including for small businesses;
3. Federal Law “On Accounting”, No. 402-FZ dated December 6, 2011. This law contains Articles 13-18, which set out general requirements for the formation and submission of reports.

Guided by these regulations, they prepare reports for submission. However, there are still a number of documents from the Ministry of Finance of the Russian Federation that will be needed when preparing reports:

• Order “Standard recommendations for organizing accounting for small businesses”, No. 64-n dated December 21, 1998.
• Information “On the simplified system of accounting and financial reporting”, No. PZ-3/2015.

These documents help organize simplified accounting, on the basis of which small businesses can generate simplified reporting.

For information on accounting reporting forms, see the following video:

If you have not yet registered an organization, then easiest way This can be done using online services that will help you generate all the necessary documents for free: If you already have an organization and you are thinking about how to simplify and automate accounting and reporting, then the following online services will come to the rescue and will completely replace an accountant at your enterprise and will save a lot of money and time. All reporting is generated automatically, signed electronically and sent automatically online. It is ideal for individual entrepreneurs or LLCs on the simplified tax system, UTII, PSN, TS, OSNO.
Everything happens in a few clicks, without queues and stress. Try it and you will be surprised how easy it has become!

Composition and characteristics of forms

IN composition of simplified and standard financial statements include:

1. . This is the main form in which the entire property and financial position of the company is presented in the form of balances by items, grouped according to aggregate characteristics, for example, “”, “Cash”, etc. The balance sheet is prepared reflecting balances for a maximum of 3 years. Newly created organizations submit reports based on the results of their first year of operation, providing indicators only for the reporting period;
2. . This is another basic form that is submitted both for the simplified version of reporting and for the standard version. It includes indicators for 2 years. Reflects the order of formation for distribution between the founders or to replenish the company’s capital, and formation. In addition, this report allows you to track at what stage the loss occurred (if any), i.e. by the main type of activity or as a result of other operations.

These two forms differ in the content of indicators in the simplified and standard reporting versions: all indicators in the simplified forms are grouped more strongly. For example, in a simplified statement of financial results there is no such detail of expenses and interim profit indicators as is present in the standard form.

In addition to this set of reports, it is generated regardless of the accounting option Report on the intended use of funds. It is filled out when the enterprise has received budget subsidies and other targeted contributions. Moreover, if there was no such funding, there is no need to submit a report, even a zero one!

And the following Forms must be submitted, but only as part of a standard reporting set:

• statement of changes in capital . This is actually an explanation of the two main forms - the balance sheet and the financial statement. This form reflects in more detail information about additional capital, reserve capital, the level of retained earnings or uncovered loss, etc.; the sources of capital formation and the reasons for their decrease are identified. Compiled with reflection of balances for 3 years;
• cash flow statement . It is also an additional form to the balance sheet and discloses information about cash flows - about the receipt of funds and their expenditure, as well as their availability at the current moment. This report characterizes changes in the financial condition of the company, detailing the following areas of its activities: investment, current and financial;
• explanatory note . It is a mandatory element of reporting and contains separate excerpts from accounting policies and information that allow you to evaluate the company’s performance indicators reflected in other forms of reporting. In particular, this may be data on the initial cost of fixed assets, their depreciation periods, the availability of loans and terms of repayment, etc.
• audit report . It is issued if the enterprise is subject to mandatory audit.

But when generating reporting, it is necessary to ensure not only the correct grouping of indicators by article, but also the correct design of the Reports themselves.

Basic filling rules

For all reporting forms there are general rules for their preparation:

1. reporting is completed based on the performance results of not only the company, but also all its divisions;
2. all indicators are formed according to the rules adopted in the Accounting Policy;
3. Articles are assessed only in rubles. If there are indicators expressed in foreign currency, they must be recalculated into rubles at the rate in effect at the time of such recalculation;
4. if this is not provided for by the form, then offset between its indicators is not permissible;
5. when generating reporting indicators, the continuity of application of the provisions of the Accounting Policy must be observed in order to ensure the reliability of the reporting;
6. if some indicators are missing in the reporting, then dashes are inserted in the lines intended to reflect them;
7. line codes for reporting are presented in Order of the Ministry of Finance of Russia No. 66 n dated July 2, 2010. If, when preparing simplified reporting, there are aggregated indicators for individual lines, then the line code is determined by the indicator that has the largest share in this mass of aggregated indicators;
8. The reporting is also signed by the head of the company. In the absence of a chief accountant, the person entrusted with the responsibility for accounting and reporting.

Submitting reports

Reporting rented over the past year, lasting from January 1 and inclusive to December 31. But if the company was registered after January 1, it will report for the period that begins from the moment of its registration until December 31 of the year of registration. However, this does not apply to those companies that opened after September 30: their reporting year is extended until the next year, until December 31.

Reports must be submitted within 3 months from the beginning of the year following the reporting year, but no later than March 30th.

One copy of the balance sheet goes to the territorial body of state statistics, and the other to the tax structure. At the same time, the balance sheet submitted to the tax authority must bear a mark from the state statistics body.

You can submit your balance both on paper and in electronic format via the Internet. But, if the company did not have any activity for the current period, as well as no transactions, it will still have to take zero reporting , which will reflect only the authorized capital and the object of the asset that came as a contribution from the founders.

The rules for preparing financial statements are described in the following video: