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Financial statements of a limited liability company - general issues Adrianna Glapiak April , Blog , Accounting closer The obligation to prepare financial statements results from legal provisions, in particular the Act of September , on Accounting. So, are you wondering what the company's financial statements should contain and who should prepare them and when? Financial statements of a limited liability company - issues discussed: Financial statements and legal regulations Reporting language and currency Preparation of financial statements Signing the financial report Deadline for preparing the financial statements Deadline for statements of a limited liability company.
Summary Subscribe to our newsletter and receive new knowledge in the field of accounting, business and technology once a week. Only valuable information. Wpisz swój adres email * Akceptuję regulamin i zapisuję się do newslettera zawierającego informacje o produktach i usługach ifirma.pl. * Zapisz się You philippines photo editor can read about it in this article. Financial statements and legal regulations The Accounting Act in Chapter regulates issues related to financial statements. In turn, the provision of Art. specifies the components of the financial statements and the language and currency, as well as the electronic form of the financial statements. Pursuant to the provisions of Art. section of the Accounting Act.
The financial statements are prepared as at the date of closing the accounting books referred to in Art. section , and on another balance sheet date, applying appropriately, subject to section a and b, the principles of valuation of assets and liabilities and determining the financial result, specified in Chapter . Pursuant to the provisions of Art. section of the Accounting Act, the financial statement consists of: balance sheet - the rules for preparing and presenting the balance sheet are specified in Art.
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