Accounting Reports

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Accounting Reports


a system of indexes reporting the status of economic assets, their sources, and the results of the work of an enterprise, organization, or institution for the period under review; these reports are compiled from the data of economic accounting. Accounting reports are one of the necessities for planned management of the economy. Socialist accounting reports are mandatory, strictly regulated by the state in their content, scientifically structured on the basis of all forms of economic accounting for a comprehensive description of the results of the work of an enterprise, organization, or institution, scientifically based in their evaluation of the indexes, closely coordinated with plan data, timely and reliable, and clear and accessible. Accounting reports are periodic (monthly and quarterly) and annual. The volume and forms of periodic and annual accounting reports are established each year by the Ministry of Finance of the USSR and the Central Statistical Administration of the USSR. The procedure of drawing up, presenting, and approving accounting reports has been defined by the Statute on Accounting Reports and Balances of State, Cooperative (Except Kolkhoz), and Public Enterprises and Organizations (1951), including subsequent amendments and supplements. Methodological guidance of the accounting reports of ministries and departments is given by the Ministry of Finance, which in coordination with the Central Statistical Administration approves standard forms of accounting reports and instructions for their use. Accounting reports are submitted to higher organizations, to credit and financing institutions of Gosbank (State Bank) and Stroibank (Construction Investment Bank), to the Central Statistical Administration and its republic and local bodies, and to local financial bodies. Accounting reports submitted to a higher organization are signed by the head and the chief (senior) accountant of the enterprise; copies sent to all other addresses are certified by the chief (senior) accountant. Periodic accounting reports are submitted not later than the 15th of the month following the period under review; annual accounting reports are submitted not later than January 25 of the year following the year under review. The ministries of finance and the central statistical administrations of the Union republics set different deadlines. Higher organizations consider and approve accounting reports within 15 days of the day they are received.

Accounting reports are used by higher bodies to guide the economic activities of enterprises, to analyze the results of their work and draw up economic plans, and to control their fulfillment. From the data of accounting reports, financial bodies analyze the economic activities of enterprises, uncover reserves to give assistance to enterprises, and determine the relations of the enterprises with other enterprises in terms of payments for production assets, fixed (rent) payments, payments of the unused profit remainder, and turnover tax. Gosbank institutions use data from accounting reports to check the degree to which credit has been provided and to control the outlay of the wages fund. Accounting reports are codified along the line of departmental authority into accounting summary reports.


Granovskii, G. M. Metody proverki dostovernosti bukhgalterskoi otchetnosti. Moscow, 1963.


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Puglisi hid the theft by making false statements in the company's accounting reports and financial statements, according to the release.
Bernadette McDonald was sanctioned for a host of technical breaches - including failing to deliver accounting reports and not complying with an official investigation.
Audits by firms ranked from six to 100 in Public Accounting Reports' 2011 ranking of the top 100 audit firms experienced the largest increase in audits, starting with 20% in 1997 and ending with 51% in 2012.
Wrong accounting reports of the government energy enterprises have led them to additional
It was also found that the organisation had concealed cases of non-fulfilment of demands from creditors and depositors, producing false accounting reports.
After a historical overview that considers research in account report readability, internet communication, visual and graphic communication, impression management, and accounting communication skills, chapters explore the theory and practice of the presentation of accounting reports, including issues of discourse (accounting, finance, public relations, and legal types), imagery, metaphor, and rhetoric and memory, and how accountants can be influenced by and can influence others into accepting messages communicated about entities.
According to the company's accounting reports, it had a profit of RON 18.8 M in 2010, after losses of RON 17.9 M in 2009.
The role initially involves managing the purchase ledger team, and having responsibility for the control of accounting ledgers and producing management accounting reports. The successful candidate will be IT literate, enthusiastic and ideally will have completed an accounting technician qualification or is eager to progress to such a qualification.
New features to the control panel include: RSS (XML) connectivity; POP e-mail integration; an end-user e-mailing application; a test-ordering system; revamped accounting reports; and order form and support request customization.
Although Grambling maintained a good academic reputation, faulty accounting reports made it impossible for state auditors to complete their work.

Full browser ?