It is registered
Ministry of Justice
Russian Federation
On November 7, 2024 No. 80055
of October 2, 2024 No. 6891-U
About procedure for reflection on accounts of financial accounting of error corrections by not credit financial credit institutions, bureau of credit histories, credit rating agencies
This Instruction based on part 6 of article 21 of the Federal Law of December 6, 2011 No. 402-FZ "About financial accounting" establishes procedure for reflection on accounts of financial accounting of error corrections by not credit financial credit institutions, bureau of credit histories, credit rating agencies.
1. The concept "materiality" is applied in this Instruction in the value established by the International accounting standard (IAS) 1 "Accounts presentation" <1>.
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<1> No. 217n "About introduction of International accounting standards and Explanations of International accounting standards in action in the territory of the Russian Federation and about recognition voided some orders (separate provisions of orders) of the Ministry of Finance of the Russian Federation" is enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation of December 28, 2015 (it is registered by the Ministry of Justice of the Russian Federation on February 2, 2016, registration No. 40940) with the changes made by the order of the Ministry of Finance of the Russian Federation of July 11, 2016 No. 111n "About enforcement and cancellation of documents of International accounting standards in the territory of the Russian Federation" (registration No. 43044) (further - the order of the Ministry of Finance of the Russian Federation No. 111n is registered by the Ministry of Justice of the Russian Federation on August 1, 2016), with amendments, enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation of June 27, 2016 No. 98n "About introduction of documents of International accounting standards in action in the territory of the Russian Federation and about recognition voided some orders of the Ministry of Finance of the Russian Federation" (registration No. 42869) is registered by the Ministry of Justice of the Russian Federation on July 15, 2016, the order of the Ministry of Finance of the Russian Federation No. 111n, the order of the Ministry of Finance of the Russian Federation of June 4, 2018 No. 125n "About introduction of the document of International accounting standards in action in the territory of the Russian Federation" (registration No. 51396) is registered by the Ministry of Justice of the Russian Federation on June 21, 2018, the order of the Ministry of Finance of the Russian Federation of October 30, 2018 No. 220n "About introduction of the document of International accounting standards in action in the territory of the Russian Federation" (registration No. 52703) is registered by the Ministry of Justice of the Russian Federation on November 16, 2018, the order of the Ministry of Finance of the Russian Federation of August 5, 2019 No. 119n "About introduction of the document of International accounting standards "Materiality determination (Amendments to IFRS (IAS) 1 and IFRS (IAS) 8" in action in the territory of the Russian Federation" (registration No. 56149) is registered by the Ministry of Justice of the Russian Federation on October 4, 2019, the order of the Ministry of Finance of the Russian Federation of July 14, 2020 No. 142n "About introduction of the document of International accounting standards "Classification of obligations as short-term or long-term (Amendments to IFRS (IAS) 1)" in action in the territory of the Russian Federation" (registration No. 59616) is registered by the Ministry of Justice of the Russian Federation on September 2, 2020, the order of the Ministry of Finance of the Russian Federation of November 26, 2020 No. 283n "About introduction of documents of International accounting standards "Prolongation of effective period of temporary release from application of IFRS (IFRS) 9 (The amendment to IFRS (IFRS) 4)" and "The amendment to IFRS (IAS) 1 "Accounts presentation" in action in the territory of the Russian Federation" (registration No. 61873) is registered by the Ministry of Justice of the Russian Federation on December 28, 2020, the order of the Ministry of Finance of the Russian Federation of December 14, 2020 No. 304n "About introduction of the document of International accounting standards "Amendments to IFRS (IFRS) 17 "Insurance contracts" in action in the territory of the Russian Federation" (registration No. 62135) is registered by the Ministry of Justice of the Russian Federation on January 19, 2021, the order of the Ministry of Finance of the Russian Federation of December 30, 2021 No. 229n "About introduction of documents of International accounting standards "Disclosure of information on accounting policy (Amendments to IFRS (IAS) 1 "Accounts presentation" and to Practical recommendations No. 2 about application of IFRS "Forming of judgments of materiality") "and" the deferred tax connected with assets and liabilities which result from one transaction (The amendment to IFRS (IAS) 12)" in action in the territory of the Russian Federation" (registration No. 67141) is registered by the Ministry of Justice of the Russian Federation on February 3, 2022, the order of the Ministry of Finance of the Russian Federation of December 13, 2023 No. 198n "About introduction of the document of International accounting standards "Long-term obligations with covenants (Amendments to IFRS (IAS) 1)" in action in the territory of the Russian Federation" (registration No. 76917) is registered by the Ministry of Justice of the Russian Federation on January 19, 2024.
2. For the purpose of this Instruction mistake the wrong reflection by not credit financial credit institution, bureau of credit histories, credit rating agency (is recognized further in case of joint mentioning - the organization) and (or) not reflection of objects of financial accounting by the organization financial accounting and (or) accounting (financial) records of the organization.
3. For the purpose of this Instruction the organization shall reflect error corrections in accounts of financial accounting and in accounting (financial) records of the organization, caused including:
non-compliance by the organization with the legislation of the Russian Federation on financial accounting;
non-compliance with accounting policy of the organization by the organization;
assumptions organization of incorrect calculations;
wrong classification and (or) assessment of objects of financial accounting;
misuse by the organization of information which is available for signature date of accounting (financial) records of the organization;
unfair actions of officials of the organization.
4. For the purpose of this Instruction the organization does not recognize as errors of inaccuracy or the omissions of reflection of objects of financial accounting of the organization revealed as a result of receipt of information by the organization unavailable for date of reflection (not reflection) by the organization on accounts of financial accounting of such objects of financial accounting.
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