THE ORDER OF THE DEPUTY PRIME MINISTER - THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of May 26, 2023 No. 543

About modification and amendments in the order of the Minister of Finance of the Republic of Kazakhstan of December 6, 2016 No. 640 "About approval of Rules of creation of consolidated financial statements by administrators of budget programs and local authorized bodies on budget implementation"

I ORDER:

1. Bring in the order of the Minister of Finance of the Republic of Kazakhstan of December 6, 2016 No. 640 "About approval of Rules of creation of consolidated financial statements by administrators of budget programs and local authorized bodies on budget implementation" (it is registered in the Register of state registration of regulatory legal acts at No. 14624) the following changes and amendments:

state preamble in the following edition:

"For the purpose of implementation of Article 118, 120-1, 120-2 and 120-3 Budget codes of the Republic of Kazakhstan and the subitem 2) of Item 3 of article 16 of the Law of the Republic of Kazakhstan "About the state statistics" I ORDER:";

in Rules of creation of consolidated financial statements by administrators of the budget programs and local authorized bodies on budget implementation approved by the specified order:

state Item 3 in the following edition:

"3. In these rules the following basic concepts are used:

1) the consolidated financial statements about budget implementation of the area (the city of regional value) and district (the cities of regional value) the budget are consolidated financial statements of the area (the city of regional value), district (the cities of regional value) the budget, city budgets of district value, the village, settlement, rural district provided as the financial reporting of the single organization according to Article 120-3 of the Republic of Kazakhstan (further – the Budget code);

2) local authorized body on budget implementation – the local authorized bodies financed from the local budget, performing functions in the field of budget implementation, conducting financial accounting, budget accounting and budget reports on execution of the local budget (further – authorized body on execution of the local budget);

3) authorized body on budget implementation – the body performing management and cross-industry coordination in the field of budget implementation, conducting financial accounting, budget accounting and budget reports on execution of the republican budget;

4) the consolidated financial statements of the administrator of budget programs are the financial reporting of the administrator of budget programs and public institutions subordinated to it provided as the financial reporting of the single organization;

5) department – the department of the central authorized body on budget implementation performing functions in the field of execution of the republican budget and servicing of execution of local budgets;

6) investments into subjects of the quasi-public sector are investments of budgetary funds in the state companies, limited liability partnerships, joint-stock companies, including national managing holdings, national holdings, the national companies, the founder, participant or the shareholder of which is the state, and also the affiliated, dependent and other legal entities who are affiliated with them according to legal acts of the Republic of Kazakhstan;

7) the consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital are the consolidated financial statements of the regional budget, budgets of the cities of republican value, the capital provided as the financial reporting of the single organization according to Article 120-2 of the Budget code;

8) the consolidated financial statements about execution of the republican budget are the financial reporting of department and administrators of republican budget programs provided as the financial reporting of the single organization according to Article 120-1 of the Budget code;

9) elimination – exception of the equal amounts on mutual transactions between the administrator of budget programs and its subordinated public institutions, or between public institutions subordinated to one administrator of budget programs, between administrators of budget programs, between the administrator of budget programs and the authorized body keeping financial accounting of receipts of the budget, also transactions between authorized bodies on execution of higher and subordinate budgets.

The purpose of creation of consolidated financial statements about execution of republican and local budgets is providing interested persons with complete and reliable information about financial position, results of financial activities and changes of financial position of republican and local budgets.";

state Item 11 in the following edition:

"11. The consolidated financial statements administrators of republican budget programs, local authorized bodies on execution of the regional budget, city budgets of republican value, the capital, the budget of the area (the city of regional value) and district (the cities of regional value) the budget are submitted in full forms in electronic form by means of information system (further – IS) authorized body on budget implementation. Date of submission of the report date of its transfer through IS is considered.

Administrators of republican budget programs and local authorized bodies represent semi-annual and annual consolidated financial statements to department, to the terms established by department. The term of annual consolidated financial statements of administrators of republican and local budget programs, is established no later than February 8 of the year following for reporting, and for local authorized bodies – no later than February 25 of the year following for reporting.

The consolidated financial statements administrators of local budget programs are submitted in electronic form by means of IS in full of forms.";

the fifth Item 12 to state part in the following edition, in Kazakh to leave the text without changes:

"In case of coincidence of the term established for submission of the reporting with output (non-working) day, the consolidated financial statements are submitted for the first working day following it.";

state Item 13 in the following edition:

"13. The head of this body, or person replacing it, or the chief of staff of state body, the right of the second signature – the chief accountant or person heading the structural division providing consolidation of the financial reporting has rights of the first signature on consolidated financial statements of the administrator of budget programs.

The head of department, or person replacing it, the right of the second signature – the head of the structural unit of department providing consolidation of the financial reporting or person replacing it has rights of the first signature on consolidated financial statements about execution of the republican budget.

The head of authorized body on execution of the local budget, or person replacing it, the right of the second signature – the head of the structural unit providing consolidation of the financial reporting or person replacing it has rights of the first signature on consolidated financial statements about execution of the local budget.

The copy of the order on the right of provision of the first and second signatures in the reporting, except for administrators of the republican budget programs representing the reporting through information system is attached to the financial reporting.

In all forms of the represented consolidated financial statements near the signature of the head and chief accountant of the state body or person heading structural division, providing consolidation of the financial reporting disaggregation of the signature (surname and initials) surely is specified.";

state Item 19 in the following edition:

"19. In the presence of notes and need of modification of consolidated financial statements of the administrator of budget programs, the authorized body on budget implementation rejects in IS consolidated financial statements for introduction of corresponding changes, with indication of reason for rejection.

The administrator of budget programs according to the notes directed through IS or based on the written notice makes changes to the consolidated financial statements within 10 (ten) working days from the moment of receipt of the written notice or variation in IS. In case of change of the financial reporting of subordinated public institution, the administrator of budget programs in writing notifies the relevant subordinated public institution and redirects offers on changes and amendments for their introduction within 10 (ten) working days to its separate financial statements.";

state Item 21 in the following edition:

"21. The annual consolidated financial statements of administrators of budget programs are placed on the Internet – the portal according to the order of the Minister of information and social development of the Republic of Kazakhstan of April 30, 2021 No. 149 "About approval of Rules of placement of information and public discussion of drafts of budget programs (reports on implementation of budget programs) on the Internet portal of open budgets" (it is registered in the Register of state registration of regulatory legal acts at No. 22682).";

the eighteenth to state the paragraph to part three of Item 22 in the following edition:

"articles "cumulative financial result on receipts in the budget" (code of line 412).";

state Item 32 in the following edition:

"32. Under Articles of the KFO-3 form "Consolidated statement about movement of money (direct method)" information on receipts and disposals of money on types of activity for the accounting period is provided;

information on receipt of money and the carried-out payments for Fund of compensation by the victim;

information on receipt of money and the carried-out payments for Fund of support of infrastructure of education;

information on cash flow on off-budget accounts, according to the table 24 of the KFO-5 form "The explanatory note to consolidated financial statements.";

state Item 42 in the following edition:

"42. Consolidation of Articles of the GKFO-8 form "The annual consolidated statement about results of financial activities" is performed by line-by-line addition of similar items of the income and expenses of the KFO-2 form "Consolidated statement about results of financial activities".

Under the articles "Financing of the Current Activities" (code of line 011), "Financing of capital investments" (code of line 012), "The income on transfers" (code of line 014), "Subsidies" (code of line 016) are subject to exception of the amount of financing of the current activities, capital investments, the income from financing on transfers, subsidies.

Under the article "Income from Receipt of Loans" (the code of line 013) is subject to exception expense amount from adoption of obligations according to the external loans obtained.

Under the article "Receipt of Transfers in the Budget" (the code of line 020-3) is subject to exception the amount of the income on the amount of accrued expenses by calculations with the budget (return of transfers of last years from subordinate budgets). Return of transfers as a result of checks of audit by bodies are budget receipt.

Under the article "Income from Exchange Transactions" (code of line 021) are subject to exception of the amount of the income from non-tax revenues of the budget to the amount of accrued expenses by calculations with the budget from sales of goods, works, services, including goods from the state material reserve, sale of arms and military equipment, the property assigned to the public institutions financed from the republican budget and other assets on which amounts are transferred in the income of the republican budget in the accounting period on codes of non-tax receipts.

Under the article "Remunerations" (code of line 031) are subject to exception of the amount of the income from non-tax revenues of the budget to the amount of accrued expenses by calculations with the budget for remunerations for the credits and deposits listed in the income of the republican budget in the accounting period.

Under the article "Other Incomes from Asset Management" (code of line 032) are subject to exception of the amount of the income from non-tax revenues of the budget to the amount of accrued expenses by calculations with the budget for the gained income from state-owned property (share, dividends, part of net income of the state companies, the rent) and other incomes from asset management, listed in the income of the republican budget in the accounting period.

Under the article "Other incomes" (the code of line 040) is subject to exception the amount of the income from non-paid receipt of non-current assets and inventories between administrators of budget programs. Besides, the amount of the income from centralized supply with non-current assets and inventories of public institutions, the amount of the income on non-paid acceptance – transfer of creditor and debit debts between administrators of budget programs of the republican budget is subject to exception.

Under the article "Other Operating Expenses" (the code of line 122) is subject to exception the amount of accrued expenses by calculations with the budget from sales of goods, works, services, sale of arms and military equipment, the property assigned to the public institutions financed from the republican budget, goods from the state material reserve, intangible assets, share of securities of the legal entities who are in republican property and other assets and also according to the income from asset management and other income according to which amounts are transferred in the income of the republican budget in the accounting period.

Under the article "Other expenses" (the code of line 150) is subject to exception expense amount on voluntary conveyance of inventories, expense amount on centralized supply with non-current assets and inventories of public institutions, expense amount on non-paid acceptance – transfer of creditor and debit debts between administrators of republican budget programs. Besides, the expense amount of authorized body on budget implementation from adoption of obligations received according to external loans on income amount from receipt of external loans is subject to exception.

Under the article "Expenses on KSN Republican and Local Budgets" (code of line 151) the expense amount on KSN of the republican budget is subject to exception on the amount of imputed incomes from financing of the current activities, capital investments received for transfer of transfers and subsidies, accomplishment of the state obligations on projects of public-private partnership.

Under the article "Disposal of Non-current Assets" (the code of line 220) is subject to exception expense amount on voluntary conveyance of non-current assets between administrators of republican budget programs, from realization of fixed capital, except for goods from the state material reserve, financial investments on the amount of accrued expenses by calculations with the budget from sale of the property assigned to the public institutions financed from the republican budget, and other assets on which amounts are transferred in the income of the republican budget in the accounting period on codes of sales proceeds of fixed capital and realization of financial investments.

The GKFO-8 form "Annual consolidated statement about results of financial activities" provides information on the income, expenses and financial result of the accounting period, the column 4 "Last Period" is filled in and it is represented in comparison with data of the same last accounting period, since 2020.

Under the article "Income from Not Exchange Transactions" (the code of line 010) is shown the amount of lines 011, of 012, 013 and 014.

Under the article "Income from Receipts in the Budget" (the code of line 011) is shown the amount of the income from tax, non-tax revenues of the budget, receipts of transfers from other levels of public administration (including budget subventions and withdrawals), transfers from National fund of the Republic of Kazakhstan.

Under the article "Income from the Charitable Help" (code of line 012) the income from philanthropic and (or) sponsor's and (or) philanthropic activities, and (or) activities for support to the small homeland for public institutions received by them according to the Budget code of the Republic of Kazakhstan, received in the form of cash receipts and other assets is shown.

Under the article "Grants" (code of line 013) the income from receipt of grants is shown.

Under the article "Other" (the code of line 014) is shown the amount of the income on other non-paid receipts in the budget.

Under the article "Income from Exchange Transactions" (code of line 020) the income from sales of goods, works and services, including goods from the state material reserve is shown.

Under the article "Income from Asset Management" (the code of line 030) is shown the amount of the income from remunerations on the issued loans, lease, dividends, parts of net income of subjects of the quasi-public sector and other incomes from asset management.

Under the article "Other incomes" (code of line 040) the income from non-paid receipt of assets, compensations (earlier recognized impairment losses of assets) from the third parties, the income from receipts in Fund of compensation by the victim, Fund of support of infrastructure of education and income gained from other transactions is shown.

Under the article "Income, All" (the code of line 100) is shown the amount of lines 010, of 020, 030 and 040.

Under the article "Expenses, including:" (the code of line 110) is shown the amount of lines 111, of 112, of 113, 114 and 115.

Under the article "Compensation" (the code of line 111) is shown the amount of accrued expenses on compensation of workers, on the social tax and social assignments which are due in the budget.

Under the article "Grants" (the code of line 112) is shown expense amount on the added grants.

Under the article "Expenses on Inventories" (the code of line 113) is shown the cost of the inventories used and realized to third parties.

Under the article "Asset depreciation" (the code of line 114) is shown the amount of accrued expenses on depreciation of non-current assets.

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