Procedure for Submission of Budget Statements to Tax Authorities
- Authors: Novikova V.S.1, Karabasheva M.R.1
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Affiliations:
- FSBOU VO «Financial University under the Government of the Russian Federation»
- Issue: Vol 17, No 5 (2021)
- Pages: 83-88
- Section: Articles
- URL: https://journals.eco-vector.com/2541-8025/article/view/532194
- ID: 532194
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Open Access
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Abstract
The purpose of the study. According to the Federal Law «On Accounting» No. 402-FZ dated 06.12.2011, all economic entities, without exception, are obliged to organize accounting, as well as to form and submit to the relevant authorities accounting reports. Budgetary institutions are no exception. The article describes the formation of reporting of budget institutions. And also describes the key points of the procedure for submitting this report to the tax authorities and the timing of its submission. Model. The authors proposed an analysis of the procedure for submitting accounting reports of budget institutions to tax authorities, including an analysis of the composition of the accounting report itself and its features, a consideration of the procedure for submitting reports, as well as the timing of its submission, an analysis of legislative changes in the field of reporting of budget institutions in recent times. Conclusions. The analysis of the procedure for submitting the accounting reports of budget institutions to the tax authorities allows you to understand the key features of the formation and submission of this report to the relevant authorities, determine the timing and procedure for submission, as well as minimize possible penalties associated with the failure to submit this report. Practical significance. The analysis of the procedure for submitting accounting reports of budget institutions to the tax authorities allows us to determine the correctness of the composition, procedure for submitting and deadlines for submitting reports in accordance with the regulatory framework governing this area. Originality. Analysis of the procedure for submitting budget reports is of applied importance for public sector enterprises. Its practical implementation can identify errors and discrepancies in the presentation of budget reports to tax authorities, as well as make improvements in this area.
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About the authors
Valentina S. Novikova
FSBOU VO «Financial University under the Government of the Russian Federation»
Email: valuka99@mail.ru
Moscow, Russian Federation
Malvina R. Karabasheva
FSBOU VO «Financial University under the Government of the Russian Federation»
Email: kbn_15@mail.ru
Associate Professor of Department of Accounting, Analysis and Audit Moscow, Russian Federation
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