these documents Russian Ministry of Finance adopted decree "On Methodological Recommendations on the preparation and presentation of consolidated financial statements" from December 30, 1996 ДЃ "- 112, which repealed the order of July 28, 1995 ДЃ" - 81. In the order of the Ministry of Finance of Russia ДЃ "- 112 flesh out the order number 81, we give a more precise definition of the consolidated financial statements and determine the cases in which it is made.introduction of this document - an important stage in the development of the consolidated accounts in Russia. However, the document wrongly equated different in content and concept summary consolidated statements.use of these terms as synonyms correctly, since these forms of reporting differ not only by appointment, engineering drafting, group of users, but also conceptually. [12], the consolidated annual financial statements are prepared on a unitary enterprises and joint-stock companies (partnerships) of shares (holdings) which is fixed in the federal property (regardless of the size of the share). Financial Reporting Standards, describes the preparation of consolidated financial statements (OFC) of January 1, 2008, the following standards and interpretations (IFRIC), which determine the order of consolidation:
IAS 27 "Consolidated Financial Statements and Accounting for Investments in Subsidiaries";
SIC-12 "Consolidation - Special Purpose Entities";
SIC-33 "Consolidation and the method of equity accounting - potential voting rights and allocation of dividends to the owners." the formation of the group financial statements and the disclosure of information about it is necessary to consider the following international standards and interpretations:
IAS 28 "Investments in Associates";
SIC-3, "The elimination of unrealized profits and losses on transactions with associates";
IFRS 24 "Disclosure of related party";
IAS (IFRS) 3 "Business Combinations." "On the Consolidated Financial Statements" defines the general requirements for order preparation, submission and publication of the reports.the consolidated financial statements is a system of indicators that reflect the financial position, financial performance and changes in financial position of organizations [22]. follows that, under the law consolidated financial statements include not only the balance sheet and profit and loss, but also the statement of changes in equity and statement of cash flows. It is mandatory in the reporting including accounting policies and explanatory notes.general, the reporting format follows the format of individual accounts. At the same time, in the consolidated financial statements may be additional items in the statement. br/>
1.3 Organization of accounting at the JSC "MASHTORF"
fi...
