ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of December 23, 2024 No. 862

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 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):

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

"3. To provide to department of methodology of financial accounting, audit and assessment of the Ministry of Finance of the Republic of Kazakhstan in the procedure established by the legislation:";

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:

2) of Item 3 to state the subitem in the following edition:

"2) local authorized body on budget implementation – the executive body financed from the local budget, performing functions in the field of budget implementation, conducting financial accounting, budget accounting and budget reports on execution of the local budget (further – authorized body on execution of the local budget);";

change in Kazakh is made to the subitem 3) of Item 3, the text in Russian does not change;

the fifth Item 13 to state part in the following edition:

"In all forms of the represented consolidated financial statements near the signature of the head and chief accountant of the state body or person heading structural division, providing consolidation of the financial reporting disaggregation of the signature (surname, name, middle name (is specified in case of its availability).";

the twelfth Item 20 to state part in the following edition:

"The separation balance sheet is confirmed by the signature of the head and chief accountant of the accepting and transferring party with disaggregation of the signature (surname, name, middle name (in case of its availability) and are certified by seal of each of the parties.";

be reworded as follows Item 31:

"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, 119th Consolidated balance sheet KFO-1 forms):

data on financial investments 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";

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;

information on reserve on doubtful receivables on calculations with the budget for tax revenues, including tax debt of bankrupts and other compulsorily liquidated legal entities;

"The explanatory note to consolidated financial statements" 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 KFO-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 on the non-current assets which are completely softened, 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. On objects of construction in progress, not carried on accounts of non-current and current assets, in the terms established by construction agreements and reconstruction of objects including development of the design estimates, information according to table 23-1 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 "The Long-term Financial Investments Considered on Equity Method" (line 119 of the KFO-1) form information on long-term financial investments, including in subjects of the quasi-public sector (the name and the location of subjects of investments, share of the state in the authorized capital, movement of investments for the accounting period are shown) according to table 5-1 of the KFO-5 form "The explanatory note to consolidated financial statements".

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";

information on bills of exchange, including about the amounts of the added remuneration on percent for payment.

Under the article "Estimative and Warranty 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 Assets on 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.

The public institution provides information:

on investment subsidizing;

about the state guarantees and contingent obligations according to the table 25 of the KFO-5 form "The explanatory note to consolidated financial statements".";

exclude Item 52;

the second Item 54 to state part in the following edition:

"Authorized bodies of area, the cities of republican value, the capital on execution of the local budget no later than March 30 of the year following accounting financial year represent annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital to akimat, authorized body of area, the cities of republican value, the capital in relevant organs of the state audit and financial control.";

state Chapter 5-1 in the following edition:

"Chapter 5-1 Forming of annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital

Paragraph 1. Creation of annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital;

54-1. The annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital are constituted by authorized body on execution of the regional budget based on consolidated financial statements of administrators of regional budget programs and the financial reporting on receipts of the budget of authorized body for execution of the regional budget, budgets of the cities of republican value, the capital.

54-2. The annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital are created in IS of authorized body on budget implementation.

54-3. The authorized body on execution of the regional budget, budgets of the cities of republican value, the capital when forming annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital is guided by the descriptions of articles of the consolidated balance sheet about budget implementation and indicators of consolidated statement about results of financial activities about budget implementation, consolidated statement about movement of money (direct method) about budget implementation and consolidated statement about changes of net assets / the capital about budget implementation provided by Items 41, of 42, of 43, of 44 and 45 these rules.

54-4. The authorized body on execution of the regional budget, budgets of the cities of republican value, the capital performs consolidation of Articles of the GKFO-7 form of "The annual consolidated balance sheet about budget implementation" by line-by-line addition of similar items: the articles "Short-term Financial Investments" (the code of line 011), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts receivable balance under the subordinate budgets provided to budget credits;

the articles "Short-term Receivables" (the code of line 012), in consolidated financial statements of authorized body on execution of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts receivable balance on target transfers to subordinate budgets; the articles "Short-term Remunerations to Obtaining" (the code of line 013), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts receivable balance on remunerations to obtaining under the subordinate budgets provided to budget credits;

the articles "Long-term Financial Investments" (the code of line 110), in consolidated financial statements of authorized body on execution of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts receivable balance of the provided budget credits to subordinate budgets;

the articles "Short-term Accounts Payable" (the code of line 211), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts payable balance on payments in the budget for the subordinate budgets provided to budget credits, for the added remunerations and for transfers on the underused amount;

the articles "Long-term Accounts Payable" (the code of line 311), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception the amount of accounts payable balance on payments in the budget for the subordinate budgets provided to budget credits.

54-5. The authorized body on execution of the regional budget, budgets of the cities of republican value, the capital performs consolidation of Articles of the GKFO-8 form of "The annual financial activities consolidated the report on results" by line-by-line addition of similar items: the articles "Income from Not Exchange Transactions" (the code of line 010), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception of the amount of the income from not exchange transactions on financing of the current activities, capital investments, the income from financing of external loans, income on transfers on expense amount according to the control account of cash of the local budget;

the amounts of the income on the come budget of returns of the transfers, on the amount added by administrators of local budget programs of expenses by calculations with the budget for return of transfers of last years the amounts of receipts of transfers from the higher budget in the budget subordinate on the amount of the used transfers allocated in the current year;

the articles "Income from Exchange Transactions" (the code of line 020), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception of the amount of the income from non-tax receipts of the budget, from sales of goods, works and services, the income from realization of fixed capital, the income from realization of financial assets of the state with the amount of accrued expenses by calculations with the budget from asset sale, and also according to the income from asset management and other income according to which amounts are subject to transfer in budget receipt in the accounting period;

the articles "Income from Asset Management" (code of line 030), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capitals are subject to exception of the amount of the income on remunerations on the issued budget credits which arrived in the higher budget to subordinate budgets on expense amount for payment of remunerations of the subordinate budget;

the articles "Other Operating Expenses" (the code of line 115), in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital is subject to exception expense amount on payments in the budget for the provided budget credits, remunerations and for the amounts of the added obligations on the underused amount of the received transfers;

expense amount of the administrator of budget programs added by transfer of funds to subordinated public institutions for financing of the current activities and capital investments;

the articles "Subsidies, Transfers" (code of line 122), in consolidated financial statements of the authorized regional budget, budgets of the cities of republican value, the capitals are subject to expense amount exception on the transfers received from the higher budget, used in the current year;

the article 130 "Management Expenses Assets" in consolidated financial statements of authorized body of the regional budget, budgets of the cities of republican value, the capital are subject to expense amount exception on payment of remunerations in the higher budget for the obtained budget credits.

54-6. The annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital, are created in volume of consolidated financial statements about the execution of the republican budget provided in Item 39 of these rules.

54-7. The explanatory note to annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital, is constituted by authorized body on execution of the regional budget. The procedure for creation of the explanatory note to annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital, is similar to procedure for creation of the explanatory note to consolidated financial statements about execution of the republican budget according to Item 45 of these rules.

54-8. The authorized body on execution of the regional budget, budgets of the cities of republican value, the capital no later than March 30 of the year following accounting financial year represents annual consolidated financial statements about execution of the regional budget, budgets of the cities of republican value, the capital to the relevant territorial authorities of the state audit and financial control in the established forms according to appendices 7, of 8, of 9 and 10 these rules.";

add with Chapter 5-2 of the following content:

"Chapter 5-2. Forming of annual consolidated financial statements about budget implementation of the area (the city of regional value) and district (the cities of regional value) the budget

Paragraph 1. Creation of annual consolidated financial statements about budget implementation of the area (the city of regional value) and district (the cities of regional value) the budget

54-9. The annual consolidated financial statements about budget implementation of the area (the city of regional value), district (the cities of regional value) the budget are constituted by authorized body on execution of the district budget based on consolidated financial statements of administrators of district budget programs, the financial reporting about execution of city budgets of district value, the village, settlement, rural district and the financial reporting on receipts of the budget of authorized body for execution of the district budget.

54-10. The annual consolidated financial statements about budget implementation of the area (the city of regional value), district (the cities of regional value) the budget are created in IS of authorized body on budget implementation.

54-11. The authorized body on budget implementation of the area (the city of regional value), district (the cities of regional value) the budget, when forming annual consolidated financial statements about budget implementation of the area (the city of regional value), district (the cities of regional value) the budget is guided by the descriptions of articles of the consolidated balance sheet about budget implementation and indicators of consolidated statement about results of financial activities about budget implementation, consolidated statement about movement of money (direct method) about budget implementation and consolidated statement about changes of net assets / the capital about budget implementation provided by Items 41, of 42, of 43, of 44 and 45 these rules.

54-12. The authorized body on budget implementation of the area (the city of regional value), district (the cities of regional value) the budget performs consolidation of Articles of the GKFO-7 form of "The annual consolidated balance sheet about budget implementation" by line-by-line addition of similar items: the articles "Short-term Financial Investments" (the code of line 011), in consolidated financial statements of authorized body of the budget of the area (the city of regional value), district (the cities of regional value) the budget is subject to exception the amount of accounts receivable balance under the subordinate budgets provided to budget credits;

the articles "Short-term Receivables" (the code of line 012), in consolidated financial statements of authorized body on budget implementation of the area (the city of regional value), district (the cities of regional value) the budget is subject to exception the amount of accounts receivable balance on target transfers to subordinate budgets; the articles "Short-term Remunerations to Obtaining" (the code of line 013), in consolidated financial statements of authorized body of the budget of the area (the city of regional value), district (the cities of regional value) the budget is subject to exception the amount of accounts receivable balance on remunerations to obtaining under the subordinate budgets provided to budget credits;

the articles "Long-term Financial Investments" (the code of line 110), in consolidated financial statements of authorized body on budget implementation of the area (the city of regional value), district (the cities of regional value) the budget is subject to exception the amount of accounts receivable balance of the provided budget credits to subordinate budgets;

the articles "Short-term Accounts Payable" (the code of line 211), in consolidated financial statements of authorized body of the budget of the area (the city of regional value), district (the cities of regional value) the budget is subject to exception the amount of accounts payable balance on payments in the budget for the subordinate budgets provided to budget credits, for the added remunerations and for transfers on the underused amount;

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