nancial statement consolidation
The history of the "Mashtorf" Lievens as all plants, is inseparable from the history of the entire national economy. Due to the fast-growing oil and petroleum industry was necessary to equip them with more sophisticated instruments accounting and control of production processes, the introduction of automation and mechanization of labor-intensive work in these industries. "Mashtorf" is the largest enterprise in the development, design, equipment for oil, power, gas, petrochemical and other industries and the economy. "Mashtorf" belongs to the sectors of the economy in which the production of the instruments of control and process control. The main activity - manufacture of instruments and appliances for measuring, monitoring and testing. "Mashtorf" provides design, manufacture, supply and maintenance of equipment for the complete tank farms, oil companies, gas stations, process control systems for tank farms, oil production and refineries and chemical plants, equipment monitoring road and rail transport for freight and operations and loading and unloading, motors and pumps in the first half.in OAO "MashtorfДЂВ» operating accounting service as a separate unit, which is headed by the chief accountant (Figure 1). Accountant of "Mashtorf" uses approved Goskomstat typical standardized form, and self-developed organization.in OAO "Mashtorf" is in accordance with the Federal Law of 21.11.1996 ДЃ "- 129 FZ" On Accounting "(as amended on 30.06.03 ДЃ "- 86-FZ), the regulations on accounting and financial reporting in the Russian Federation, approved by Order of the Ministry of Finance of Russia from 09.12.19998, ДЃ" - 60n (as amended on 30/12/ 99), the applicable accounting regulations, the Plan accounts for financial and economic activity of enterprises, approved by Order of the Russian Finance Ministry of 31.10.2000, ДЃ "- 94n. (As amended on 07.05.03, ДЃ "- 38N). The development of accounting used various forms, which were designed to improve the system of accounting and facilitate the work of an accountant. At present JSC "Mashtorf" applies a simple order form and magazine accounts. At journal-order forms accounting accountant for a certain period of collects documentation (primary, combined), then they are grouped into the storage and grouping statements. Based on the cumulative and generic statements generated logs - order, and then the data is transferred to the general ledger. According to the general ledger are prepared quarterly and annual balance sheets and then reports. Due to its positive qualities, this form of accounting is applied in many enterprises. But it has many negative qualities - it can organically combine analytical and synthetic accounting, and not always followed the principles of relationship and mutual control registers. Figure 2 shows a diagram of journal-order form of accounting "Mashtorf." The financial condition of the company is the ability of the compa...
