ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of February 26, 2021 No. 157

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, it is published on January 10, 2017 in Reference control bank of regulatory legal acts of the Republic of Kazakhstan) the following changes and amendment:

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:

the ninth to state the paragraph to part one of Item 3 in the following edition:

"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.";

exclude Item 6;

state Items 12 and 13 in the following edition:

"12. Administrators of local budget programs represent semi-annual and annual consolidated financial statements to the relevant authorized body on execution of the local budget and annual consolidated financial statements to territorial subdivision of authorized body on internal state audit.

Administrators of republican budget programs represent semi-annual and annual consolidated financial statements to department.

Administrators of republican budget programs for which the special procedure for financing according to Article 83 of the Budget code is determined represent consolidated financial statements taking into account the features established by the laws of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan regulating questions of the state secrets.

Administrators of republican budget programs represent annual consolidated financial statements to Calculating committee on control of execution of the republican budget no later than three working days from the date of approval of authorized body on budget implementation.

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.

In case of discrepancy to the provided consolidated financial statements to the established forms department returns on completion.

Department based on consolidated financial statements of administrators of republican budget programs constitutes consolidated financial statements about execution of the republican budget, based on consolidated financial statements of local authorized bodies of areas, cities of republican value, the capital on budget implementation of area - consolidated financial statements according to local budgets.

The consolidated financial statements according to local budgets are created in the analytical purposes and for the purpose of forming of consolidated financial statements according to the government budget.

The annual consolidated financial statements about execution of the republican budget are constituted without data on assets and liabilities of consolidated financial statements of state bodies for which the special procedure for financing according to Article 83 of the Budget code is determined.

Department and authorized body on execution of the local budget in the analytical purposes constitute semi-annual consolidated financial statements as of June 30 of the current financial year in forms according to appendices 1, of 2, of 3, of 4, 5 and 6 to these rules.

13. The right of the first signature on consolidated financial statements of the administrator of budget programs and authorized body on execution of the relevant budget the head of this body, or person replacing it, the right of the second signature - the chief accountant or person heading the structural division providing consolidation of the financial reporting has.

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 or person authorized by him, and the chief accountant or person heading structural division disaggregation of the signature (surname and initials) surely is specified.";

state Item 15 in the following edition:

"15. Creation of consolidated financial statements is performed in the following procedure:

1) line-by-line summing of similar items of assets, obligations, net assets / capital, income and expenses, receipts and disposal of money, changes in net assets / capital;

2) elimination of the income and expenses on transactions between the administrator of budget programs and its subordinated public institutions, and also between public institutions in one system;

3) elimination of the income and expenses on transactions between administrators of republican budget programs and authorized body on budget implementation (department);

4) elimination of the income and expenses on transactions between authorized bodies on execution of higher and subordinate budgets, between administrators of budget programs;

5) balances by mutual calculations and transactions between the administrator of budget programs and its subordinated public institutions, and also between public institutions in one system are completely excluded;

balances by mutual calculations and transactions between the administrator of budget programs and authorized body on budget implementation (department) are completely excluded;

6) balances by mutual calculations between authorized bodies for execution of higher and subordinate budgets in case of consolidation of the financial reporting by authorized body for budget implementation are completely excluded;

7) transfer of the consolidated data of the previous accounting period.";

state Item 17 in the following edition:

"17. The semi-annual consolidated financial statements are constituted by administrators of budget programs as of June 30 of the current financial year, annual consolidated financial statements - as of December 31 of the current financial year. The annual consolidated financial statements are constituted for the calendar period from January 1 to December 31.

In case of creation of consolidated financial statements the following requirements are observed:

completeness and reliability of reflections for the accounting period of all transactions;

correctness of reference of the income and expenses by the accounting periods;

identity of data of analytics to turnovers and account balances of the synthetic accounting on the first following the accounting period;

accuracy of filling of indicators and inadmissibility of erasures and blots. In case of error correction the corresponding entries certified by persons which signed the financial reporting with indication of date of correction are made.";

in Item 25:

in part one:

the third and fourth to state paragraphs in the following edition:

"the articles "financing of the current activities" (the code of line 011) in consolidated financial statements of the administrator of budget programs is subject to exception the amount of receipts of subordinated public institutions, received from the administrator of budget programs on financing of the current activities;

the articles "Financing of Capital Investments" (the code of line 012) in consolidated financial statements of the administrator of budget programs is subject to exception the amount of receipts of subordinated public institutions, received from the administrator of budget programs on financing of capital investments;";

the fourteenth to state the paragraph in the following edition:

"the articles "other receipts" (the code of line 060) in consolidated financial statements of the administrator of budget programs is subject to exception the amount of cash receipts between the public institutions subordinated to one administrator of budget programs;";

to state the paragraph of the twenty eighth in the following edition:

"the articles "other payments" (the code of line 190) in consolidated financial statements of the administrator of budget programs is subject to exception the amount of disposals of money between the public institutions subordinated to one administrator of budget programs;";

state Items 31 and 32 in the following edition:

"31. In disclosures to consolidated financial statements the following information is reflected.

Under the article "Money and Their Equivalents" (line 010 of the Consolidated balance sheet KFO-1 form):

data on balances in cash for the beginning and the end of the accounting period according to the table 1 of the KFO-5 form "The explanatory note to consolidated financial statements";

Under the article "Short-term and Long-term Financial Investments" (lines 011 and 110 of the Consolidated balance sheet KFO-1 form):

data on financial investments (except financial investments into subjects of the quasi-public sector) for the beginning and the end of the accounting period and change, according to tables 2 and 5 of the KFO-5 form "The explanatory note to consolidated financial statements";

information on long-term investments in subjects of the quasi-public sector (the name and the location of subjects of the quasi-public sector, share of the state in the authorized capital), separately on controlled and other subjects;

subsequent assessment on separate classes of financial investments (at the fair, amortized or other cost);

information on the loans granted;

availability of objective signs of impairment of financial investments and the loans granted;

nature and the extent of the risks connected with financial investments on reporting date;

information on dividends and part of net income of the subjects of the quasi-public sector which are subject to transfer and transferred into the budget on the corresponding code of budget classification of the income according to the table 21 of the KFO-5 form "The explanatory note to the financial reporting";

Under the article "Short-term and Long-term Receivables" (lines 012, 013, 014, 015, 016, 017, 018, 019, 021, 023, 111, 112 and 113 Consolidated balance sheet KFO-1 forms):

represents receivables reconciliation for the beginning and the end of the accounting period, the analysis of changes of the amounts of receivables for the accounting period;

information on transactions with the related parties (with public institutions of the system and controlled subjects);

calculations for the created reserve for doubtful receivables;

the amounts of the written-off bad debts on doubtful receivables with indication of the write-off reasons;

"The explanatory note to the financial reporting" represents receivables reconciliation by calculations with the budget for tax revenues for the beginning and the end of the accounting period according to the table 22 of the FO-5 form.

Under the article "Inventories" (line 020 of the Consolidated balance sheet KFO-1 form):

represents the reconciliation of book value for the beginning and the end of the accounting period reflecting receipt, impairment loss of inventories and other changes according to the table 4 of the KFO-5 form "The explanatory note to consolidated financial statements";

inventory costing methods;

calculations for the created reserve on impairment of inventories;

the reasons of creation of reserve on impairment of inventories;

reasons and amounts of recovery of impairment losses of inventories;

information on the methods used in case of determination of fair value of each group of agricultural products at the time of its obtaining (collection).

Under the article "Other Current Assets" (line 022 of the Consolidated balance sheet KFO-1 form the data description about availability for the beginning of year, the end of the year and movements (increases and umensheniye) for the accounting period by types of other current assets.

Under the article "Non-current assets" (lines 114, 116 and 118 Consolidated balance sheet KFO-1 forms):

on each class of non-current assets it is necessary to provide the reconciliation of book value for the beginning and the end of the accounting period reflecting receipt, depreciation, impairment loss and other changes according to tables 6, of the 7 and 9 KFO-5 form "The explanatory note to consolidated financial statements";

evaluation methods of non-current assets;

calculations for the created reserve on impairment of non-current assets;

the reasons of creation of reserve on impairment of non-current assets;

reasons and amounts of recovery of impairment losses of non-current assets;

information on temporarily idle non-current assets;

information about completely with the non-current assets amortized, but being in operation;

information on types, terms, lease term of non-current assets.

In case of reflection of non-current assets on revaluated value information is provided:

about date of revaluation, basis for its carrying out;

about participation of the independent appraiser (with indication of number and date of the license);

about the methods used for determination of fair value of object of non-current assets.

Information on the assets delivered in trust management and on income types and expenses from trust management.

Under the article "Construction in Progress and Capital Investments" (line 115 of the Consolidated balance sheet KFO-1 form) information on costs of objects of construction in progress and capital investments according to the table 23 of the KFO-5 form "The explanatory note to consolidated financial statements" is provided.

Under the article "Biological assets" (line 117 of the Consolidated balance sheet KFO-1 form):

give the description of each group of biological assets;

information on the methods used in case of determination of fair value of each group of biological assets;

in case of assessment on actual costs to open the reconciliation of book value for the beginning and the end of the accounting period reflecting receipt, depreciation, impairment loss and other changes according to the table 8 of the KFO-5 form "The explanatory note to consolidated financial statements".

Under the article "Intangible assets" (line 118 of the Consolidated balance sheet KFO-1 form).

Under the article "Other Non-current Assets" (line 120 of the Consolidated balance sheet KFO-1 form) the data description about availability for the beginning and the end of the year, movements (increases and umensheniye) for the accounting period by types of other non-current assets.

Information on the property received or leased, and also transferred to concession.

Under the article "Long-term and Short-term Financial Liabilities" (lines 210 and 310 of the Consolidated balance sheet KFO-1 form):

types, conditions and amounts of borrowing;

subsequent assessment on separate classes of financial liabilities (at the fair, amortized or other cost);

information on agreement obligations of public-private partnership;

changes for the beginning and the end of the accounting period, according to tables 10 and 11 of the KFO-5 form "The explanatory note to consolidated financial statements".

Under the article "Long-term and Short-term Accounts Payable" (lines 211, 212, 213, 214, 215, 216, 217, 218, 219, 220, 221, 223, 224, 311, 312, 313 and 315 Consolidated balance sheet KFO-1 forms):

information on transactions with the related parties (with public institutions of the system and controlled subjects);

information on write-off and charge of debt on reserve on unused leaves;

amounts and reasons of write-off of accounts payable;

information on accounts payable on lease of assets;

information on accounts payable on calculations with the budget for tax revenues for the beginning and the end of the accounting period according to the table 22 of the KFO-5 form "The explanatory note to consolidated financial statements".

Under the article "Estimative Assets and Estimative Obligations" (lines 222 and 314 of the Consolidated balance sheet KFO-1 form):

information on the created estimative obligations;

the used amounts of estimative obligations during the accounting period;

short description of nature of contingent assets and contingent obligations.

Under the article "Other Short-term Accounts Payable" (line 221 of the Consolidated balance sheet KFO-1 form) the data description about availability for the beginning and the end of the year, movement (increase and reduction) for the accounting period by types of other accounts payable.

Under the article "Other Long-term Obligations" (line 315 of the Consolidated balance sheet KFO-1 form) the data description about availability for the beginning and the end of the year, movement (increase and reduction) for the accounting period by types of other long-term obligations.

Under the article "Other Short-term Obligations" (line 223 of the Consolidated balance sheet KFO-1 form) the data description about availability for the beginning and the end of the year, movement (increase and reduction) for the accounting period by types of other short-term obligations.

Under the article "Reserves" (line 411 of the Consolidated balance sheet KFO-1 form) information on remaining balance and transactions on reserves on revaluation of the fixed assets and intangible assets estimated on revaluated value is provided.

Under the articles "Income" and "Expenses" (lines 100 and 200 of the KFO-2 form "Consolidated statement about results of financial activities") information on the income and expenses for the accounting period is provided:

on each income group;

according to the income and expenses from asset management (on remunerations from investments, loans, finance lease to both other incomes, and expenses from asset management);

according to the income and expenses from disposal of fixed assets, investment real estate;

on impairment losses of fixed assets and recovery of earlier recognized losses;

on the reserve amounts on impairment of inventories and recovery of earlier recognized reserve;

on the amounts of the provisions created for the accounting period and the same period of last year and recovery of earlier recognized reserves.

Under the article "Other incomes":

on each class of non-current assets - about the gained income from change of their fair value;

about gratuitously the accepted non-current assets;

to other incomes according to the table 12 of the KFO-5 form "The explanatory note to consolidated financial statements".

Under the article "Other expenses" information according to the table 14 KFO-5 "The explanatory note to consolidated financial statements" is provided:

on each class of non-current assets - about the incurred expenses from asset impairment revealed during inventory count;

on reserves on doubtful receivables;

about gratuitously the transferred long-term assets / inventories.

Under the article "Income from Tax Revenues in the Budget" according to the table 13 of the KFO-5 form "The explanatory note to consolidated financial statements" information on the amounts of imputed incomes from tax revenues in the budget, the major factors influencing receipts in the budget and other information on the income from tax revenues is provided.

Under the article "Receipt of Transfers in the Budget" information on the amounts of imputed incomes on the received transfers in republican and local budgets is provided.

Under the article "Non-tax Receipts" information on the amounts of imputed incomes on the non-tax receipts which arrived in republican and local budgets is provided.

Under the article "Expenses on Reduction of Receipts in the Budget" (line 137 of the KFO-2 form "Consolidated statement about results of financial activities") expense information on reduction of the tax and non-tax revenues in the budget arising in case of adjustment of earlier imputed incomes and the listed customs duties before state members of the Eurasian Economic Union according to the table 15 of the KFO-5 form "The explanatory note to consolidated financial statements" is provided.

Under the article "the donated / received long-term assets / inventories" information about gratuitously the transferred/received long-term assets / inventories according to table 16 and 16-1 of the KFO-5 form "The explanatory note to consolidated financial statements" is provided.

Under the article "Information on Concessionary Assets and Other Assets on Agreements of Public-private Partnership" information on availability of the concessionary assets and other assets received within agreements of public-private partnership by types of fixed assets according to the table 17 of the KFO-5 form "The explanatory note to consolidated financial statements" is provided.

Under the article "Information on Mutual Transactions" information is provided:

on income types and expenses on mutual transactions of the administrator of budget programs, according to the table 18 of the KFO-5 form "The explanatory note to consolidated financial statements", for the purpose of identification of transactions on elimination;

on cash receipts into accounts of the external loans reflected under the article 017 "External Loans and Connected Grants" of the KFO-3 form "Consolidated statement about movement of money (direct method)" for the purpose of transfer in consolidated financial statements of authorized body on budget implementation.

Under Article Information on the added and transferred sums 7120 "Expenses by calculations with the budget" information on the added sums 7120 "Expenses by calculations with the budget" and the receipts of the budget transferred into the budget for categories, according to the table 19 of the KFO-5 form "The explanatory note to consolidated financial statements", for the purpose of identification of transactions on elimination of the income and expenses of the budget is provided.

Under the article "Agreement Obligations of Public-private Partnership" information on agreement obligations of public-private partnership, including according to the non-financial and financial liabilities (on compensation of investment and operating costs, remunerations and other obligations) provided by the agreement according to the table 20 of the KFO-5 form "The explanatory note to consolidated financial statements" is provided.

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

exclude Item 33;

state Item 41 in the following edition:

"41. The GKFO-7 form "Annual consolidated balance sheet" represents the financial status statement, assets, obligations and net assets / the capital.

Consolidation of Articles of the GKFO-7 form "Annual consolidated balance sheet" is performed by line-by-line addition of similar items.

In case of balance availability by mutual calculations data of short-term debit and creditor debts on departmental calculations eliminirutsya, that is are mutually excluded.

Under the articles "Short-term Financial Investments" (code of line 011), "Long-term financial investments" (code of line 110), "Short-term accounts payable by calculations with the budget" (code of line 213), "Long-term accounts payable before the budget" (the code of line 313) is excluded by balance by mutual calculations between administrators of budget programs and authorized body on budget implementation (department) on short-term/long-term financial investments and short-term/long-term accounts payable

In the Section I "Current assets" money and their equivalents, financial investments, short-term receivables, inventories and other assets are reflected.

Under the article "Money and Their Equivalents" (code of line 010) balances in cash into the control account of cash (further - KSN are shown), on accounts in foreign currency and special accounts on external loans and grants, in cash desk, on the current and settlement accounts of public institutions, other money.

Under the article "Short-term Financial Investments" (the code of line 011) is shown the amount of short-term loans of the granted and financial investments.

Under the article "Short-term Receivables" (the code of line 012) is shown the amount of short-term receivables on transfers, subsidies, pensions and benefits, debts behind the budget, short-term receivables of buyers and customers, receivables of workers and other advance holders, by other types of settlings with workers, on lease payments, other short-term receivables.

Under the article "Short-term Remunerations to Obtaining" (the code of line 013) is shown the amount of short-term remunerations on the issued loans, financial investments, lease and other remunerations to obtaining.

Under the article "Inventories" (the code of line 014) is shown remaining balance of materials, work in progress, finished goods, goods and inventories.

Under the article "The Short-term Advance Payments Issued" (the code of line 015) is shown the amount of short-term debt of suppliers with whom calculations are perfromed not according to each separate transaction (to shipment, goods issue and rendering services), and by periodic money transfer in terms and the sizes which are in advance approved by the parties.

Under the article "Short-term Receivables by Calculations with the Budget for Tax and Non-tax Revenues" (the code of line 016) is shown the amount of short-term receivables by calculations with the budget for tax and non-tax revenues in the budget, to receipts from realization of fixed capital.

Under the article "Other Current Assets" (the code of line 017) is shown expense amount of future periods and other current assets.

Under the article "Total Current Assets" (the code of line 100) is shown total sum of lines 010, of 011, of 012, of 013, of 014, of 015, 016 and 017.

In the Section II "Non-current assets" financial investments, long-term receivables, fixed assets, construction in progress and capital investments, the investment real estate, biological assets, intangible assets and other non-current assets are reflected.

Under the article "Long-term Financial Investments" (code of line 110) long-term loans the granted and financial investments are shown.

Under the article "Long-term Receivables" (the code of line 111) is shown the amount of long-term receivables of buyers and customers, lessees on finance lease, other long-term receivables.

Under the article "Fixed assets" (code of line 112) fixed assets are shown.

Under the article "Construction in Progress and Capital Investments" (the code of line 113) is shown the amount of accumulated costs on construction, reconstruction and creation of fixed asset objects and intangible assets.

Under the article "Investment Real Estate" (the code of line 114) is shown the cost of the investment real estate.

Under the article "Biological assets" (the code of line 115) is shown the cost of biological assets.

Under the article "Intangible assets" (the code of line 116) is shown the cost of intangible assets.

Under the article "Other Non-current Assets" (the code of line 117) is shown the cost of the other non-current assets which are not specified in the previous subsections.

Under the article "Total Non-current Assets" (the code of line 200) is shown total sum of lines 110, of 111, of 112, of 113, of 114, of 115, 116 and 117.

Under the article "Balance" the total cost of assets is shown (line 100 plus line 200).

In the Section III "Short-term obligations" short-term financial liabilities, short-term accounts payable on taxes and other payments, short-term estimative and warranty obligations, other short-term obligations are reflected.

Under the article "Short-term Financial Liabilities" (code of line 210) are shown the amount of short-term loans of the obtained, financial liabilities on projects of public-private partnership and other financial liabilities.

Under the article "Short-term Accounts Payable" (the code of line 211) is shown the accounts payable amount on the added social payments, on payments in the budget, obligations on compensation, on pension contributions, before suppliers and contractors for goods delivered by them, the performed works and services, debts on short-term remunerations on loans, on lease payments, on other obligatory and voluntary payments, and other money payments.

Under the article "Short-term Accounts Payable on Tax and Non-tax Revenues in the Budget" (the code of line 212) is shown the amount of short-term accounts payable on tax and non-tax revenues in the budget.

Under the article "Other Short-term Obligations" (code of line 213) remaining balance according to short-term estimative, warranty obligations and other short-term obligations is shown.

Under the article "Total Short-term Obligations" (the code of line 300) is shown total sum of lines 210, of 211, 212 and 213.

In the Section IV "Long-term obligations" long-term financial liabilities, long-term accounts payable, other long-term obligations are reflected.

Under the article "Long-term Financial Liabilities" (code of line 310) the amounts of long-term loans of the obtained, financial liabilities on projects of public-private partnership and other financial liabilities are shown.

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