ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of April 8, 2024 No. 190

About modification and amendments in some orders of the Minister of Finance of the Republic of Kazakhstan

I ORDER:

1. Bring the following changes and amendments in some orders of the Minister of Finance of the Republic of Kazakhstan:

1) in the order of the Minister of Finance of the Republic of Kazakhstan of August 3, 2010 No. 393 "About approval of Rules of conducting financial accounting in public institutions" (it is registered in the Register of state registration of regulatory legal acts at No. 6443):

in Rules of conducting financial accounting in the public institutions approved by the specified order:

state Item 3 in the following edition:

"3. In these rules the following concepts are used:

1) the current replacement cost - costs which would arise at public institution as a result of acquisition of asset for date of the reporting;

2) exchange transactions - transactions when which implementing public institution in exchange for the received assets/service, repayment of the obligations transfers other equivalent of rough equivalent cost (generally in the form of money, goods, services or provision of other assets in use);

3) not exchange transactions - the transactions which are not exchange. When implementing not exchange transaction the public institution or receives cost from other subject without direct transfer to exchange of approximately equal value, or transfers cost to other party without direct obtaining to exchange of approximately equal value;

4) assets - the resources controlled by public institution as a result of last events which are capable to provide in the future economic benefit or service potential;

5) asset replacement cost - the cost necessary for replacement of gross service potential of asset;

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