Financial statements are considered an integral part of any analysis of the enterprise. This reporting allows you to form conclusions about the performance of individual departments of the organization and its activities in general. In order to draw up financial statements, you must adhere to a certain sequence.
It is necessary
- A computer
- Installed program 1C
- Documents confirming the conducted business transactions for the past period
Instructions
Step 1
Consider all business transactions. During the entire reporting period, the accountant reflects in special documents or in the 1C system all business transactions that are performed at the enterprise. For the preparation of financial statements, it is important to systematize the data obtained, therefore, all information should be prepared in advance and be “in front of the eyes” of the accountant.
Step 2
Conduct an inventory. For the formation of financial statements, it is worth preparing a document confirming the inventory of goods and materials, cash and settlements.
Step 3
Reflect the actual cost of materials and goods. Based on the Decree of the Ministry of Finance of March 25, 2011, the financial statements must reflect the real value of fixed assets, intangible assets, equipment valuation, actual costs, the amount of material assets and their value, the cost of finished products, and receivables. Each of the above parameters should be reflected in a separate line and expressed in monetary or quantitative terms.
Step 4
Prepare financial statements. Accounting reports are information open to all interested parties (investors, suppliers, buyers, creditors, tax authorities, employees of this enterprise and shareholders). The accounting department submits ready reports to the founders or the head of the company, and also sends one copy to the tax office and to the regional branch of RosStat. If the accountant is not sure of the correctness of the reporting, he can entrust the verification of the document to independent audit companies. On the basis of timely prepared reports, one can judge the efficiency of the enterprise. Therefore, the financial statements must be prepared on time and must be available to everyone who is interested in the activities of this enterprise.
