В. А. Шляхова, О. Н. Герасина, Ю. А. Герасина английский язык для экономистов english for economists

137
The first level includes the Federal Law «On Accounting», the 
Civil Code, the Federal Law «On Joint-Stock Companies», etc.
The second level of the regulatory framework consists of 
Russian Accounting Standards, the Chart of Accounts and other 
accounting regulations.
The Central Bank of Russia is responsible for setting standards 
for banks and other credit institutions, while the Ministry of Finance 
performs this function for all other companies.
The accounting policies of a given company are developed 
based on legislation and regulations from the first two levels. 
Each company keeps its accounting books and prepares its fi-
nancial statements in accordance with its approved accounting 
policies.
Basic annual statutory financial statements include: a balance 
sheet, a profit and loss account, and notes to both, for example, 
the cash flow statement and the statement on changes in equity 
constitute a part of the notes.
For qualifying small businesses, a simplified set of accounting 
rules is allowed. The reporting year of a Russian company is the 
calendar year.
Задание. Найдите в тексте ответы на вопросы.
1. What levels has the regulating framework for Russian ac-
counting?
2. What does the first level include?
3. What does the second level consist of?
4. What is the Central Bank responsible for?
5. What is the function of the Ministry of Finance?
6. How does each company prepare its financial state-
ment?
7. What documents does annual statutory financial statement 
include?

138

жүктеу/скачать 1,06 Mb.

Достарыңызбен бөлісу: