ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of September 3, 2015 No. 630

About approval of the Instruction for financial accounting of material values of the state material reserve

According to Item 5 of Rules of accounting of the material values of the state material reserve approved by the order of the Government of the Republic of Kazakhstan of March 4, 2015 No. 108 of PRIKAZYVAYU:

1. Approve the enclosed Instruction for financial accounting of material values of the state material reserve.

2. To provide to committee on the state material reserves of the Ministry of national economy of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on official Internet resource of the Ministry of national economy of the Republic of Kazakhstan.

3. To impose control of execution of this order on the supervising vice-minister of national economy of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its state registration.

Approved by the Order of the Minister of national economy of the Republic of Kazakhstan of September 3, 2015 No. 630

Instruction for financial accounting of material values of the state material reserve

1. This Instruction for financial accounting of material values of the state material reserve (further – the Instruction) determines procedure for financial accounting of material values of the state material reserve and is developed according to the Rules of accounting of material values of the state material reserve approved by the order of the Government of the Republic of Kazakhstan of March 4, 2015 No. 108 and the order of the Minister of Finance of the Republic of Kazakhstan of August 3, 2010 No. 393 "About approval of Rules of financial accounting in public institutions" registered in the Register of state registration of regulatory legal acts for No. 6443 (further – Rules of financial accounting).

Financial accounting of material values of the state material reserve in Committee on the state material reserves of the Ministry of Emergency Situations of the Republic of Kazakhstan (further – Committee) is conducted on single balance in the chart of accounts for accounting of material values of the state material reserve according to appendix to this Instruction based on the Chart of accounts of financial accounting of the public institutions approved by the order of the Minister of Finance of the Republic of Kazakhstan of June 15, 2010 No. 281 (it is registered in the Register of state registration of regulatory legal acts for No. 6314) (further – the Chart of accounts).

By delivery, release, write-off, movement, transfer to balance to other state bodies of material values, the state material reserve financial accounting is kept according to this Instruction and Rules of financial accounting.

3. Financial accounting of material values of the state material reserve is performed by Committee taking into account specifics of activities of system of the state material reserve.

4. On accounts of the Section 1 "Current assets" inventories of the material values intended for mobilization needs, taking measures to the prevention and liquidation of emergency situations and their consequences, rendering the regulating impact on the market, the help to refugees and the humanitarian assistance are considered.

Material values are reflected in accounting and the financial reporting on their actual cost which is determined, proceeding from costs of their acquisition.

5. The main objectives of accounting of material values of the state material reserve are: ensuring accounting and control of high-quality and quantitative safety of material values of the state material reserve.

6. Account 1319 "Other materials" is intended for accounting of material values of the state material reserve.

7. On account 1319 "Other materials" material values to destination are considered.

On account 1340 "Goods" are considered the utilized goods.

8. Account 1319 "Other materials" is subdivided into sub-accounts:

1319-1 "Material values of the state reserve (including humanitarian assistance)";

1319-2 "Material values of mobilization reserve";

1319-3 "Material values for mitigation of consequences of emergency situations";

1319-4 "Material values for rendering the regulating impact on the market";

Account 1340 "Goods" is subdivided into the sub-account:

1340-1 "The utilized goods".

9. On the score 1319-1 "Material values of the state reserve (including humanitarian assistance)" are considered material values of the state reserve, including for humanitarian assistance.

10. On the score 1319-2 "Material values of mobilization reserve" material values according to the limited nomenclature, necessary for accomplishment of the mobilization order are considered in case of mobilization, warlike situation and in wartime and not used organizations having the mobilization order in the current productive activity, and also material means of special forming.

11. On the score 1319-3 "Material values for mitigation of consequences of emergency situations" the material values providing first-priority works on the prevention and mitigation of consequences of emergency situations of natural and technogenic nature are considered.

12. On the score 1319-4 "Material values for rendering the regulating impact on the market" are considered the material values used for the purpose of rendering the regulating impact on the market.

12-1. On the score 1340-1 "The utilized goods" the utilized goods are considered.

13. On the amount of the paid material values debit entry of account 3210 "Short-term accounts payable to suppliers and contractors" and to sub-account 1080 credit "Plan assignments on adoption of obligations according to individual funding plan according to obligations of the public institutions financed from the republican budget" according to the Chart of accounts is made.

On the cost of the delivered material values record in the debit of the corresponding sub-accounts of account 1319 "Other materials" is made and account 3210 "Short-term accounts payable to suppliers and contractors" according to the Chart of accounts is credited.

The cost of the issued material values registers on credit the corresponding sub-account of account 1319 "Other materials" and the debit of sub-account 7060 "Expenses on inventories" according to the Chart of accounts.

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