n source of useful (clear, transparent, credible, substantial, reliable) information should be the financial statements. Of consolidated financial statements is primarily associated with large multinational corporations whose shares are traded on the stock exchanges and transactions are international. Numerous small and medium-sized companies in most cases exempt from creating it. In accordance with the concept of accounting and reporting in the medium term, approved by Order of the Ministry of Finance of Russia from July 1, 2004 ДЃ "- 180 consolidated financial statements as a variety of accounting information is intended only as a function and is interested external users. These statements should be one of the main sources of financial information for economic decision-making by these users. The main task in the area, the consolidated financial statements is to provide interested users with secure access to high-quality, reliable and comparable information on the group of economic entities. In accordance with international standards, the consolidated statements should be based on certain principles and methods (to meet certain requirements). OJSC "Mashtorf" is the largest enterprise in the development, design, equipment for oil, power, gas, petrochemical and other industries and the economy. Enterprise accounting of "Mashtorf" accounting is headed by the Chief Accountant. Accounting Enterprise is an independent unit. At present JSC "Mashtorf" applies journal-order form of accounting. Technical and economic indicators show a decline in activity at JSC "Mashtorf" in the period under study, as a significant decrease in sales profit and all indicators. The main reason for this phenomenon - the decline in production. br/>
. ORDER ESTABLISHING THE CONSOLIDATED STATEMENTS OF JSC "MASHTORF"
2.1 PROCEDURE of consolidated financial statements of OJSC "MASHTORF"
"Mashtorf" is the consolidated financial statements to the extent and in the manner established by the Accounting Regulations "Accounting Organization" (PBU 4/96), according to the forms developed by the parent organization on the basis of standard forms of accounting. In this case:
Standard forms of financial statements may be supplemented with the data needed to users of consolidated financial statements;
Articles (lines) standard accounting forms for which there are no indicators of a group, can not drive, unless the figures were in the previous reporting period;
The amounts of certain assets, liabilities and business operations should appear in the consolidated financial statements in isolation, without knowing if they can not score for the users of the financial position or results of its operations. [15] figures for the individual types of assets, liabilities and business transactions are not provided in the consolidated balanc...
