Friday, November 25, 2011

New Financial Reporting SMP

According to the Tax Code of Ukraine stated in the new edition of The (standard) accounting 25 "Financial Report of Small Businesses" (hereinafter - P (s) A 25), approved by order of the Ministry of Finance of 25.02.2000 № 39 . Thus, the norms of P (C) will set a new form of financial statements small business entities and procedures for completion of his articles. In addition, the established form of a simplified financial reporting for small businesses, legal entities for the period from 1 April 2011 to January 1, 2016 are exempt from taxation and are eligible for a simplified accounting of revenues and expenses. Order of the Ministry of Finance from 01.24.1911, the number 25 will come into effect from 1.4.1911, the

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