ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

of May 6, 1999 No. 33n

About approval of the Accounting regulation "Expenses of the Organization" PBU 10/99

In pursuance of the Program of reforming of financial accounting according to international accounting standards approved by the order of the Government of the Russian Federation of March 6, 1998 N 283, I order:

1. Approve the enclosed Accounting regulation "Expenses of the Organization" PBU 10/99.

2. Enact this order since January 1, 2000.

Approved by the Order of the Ministry of Finance of the Russian Federation of May 6, 1999 No. 33n

Accounting regulation "Expenses of the Organization" PBU 10/99

I. General provisions

1. This Provision establishes rules of forming in financial accounting of expense information of the commercial organizations (except credit and insurance companies), being legal entities by the legislation of the Russian Federation.

In relation to this Provision non-profit organizations (except the public (municipal) institutions) recognize expenses on business and other activity.

2. Expenses of the organization reduction of economic benefits as a result of asset retirement (money, other property) and (or) emergence of obligations, leading to capital reduction of this organization except for of reduction of deposits according to the decision of participants (owners of property) is recognized.

3. For the purposes of this provision the asset retirement is not recognized expenses of the organization:

in connection with acquisition (creation) of non-current assets (fixed assets, construction in progress, intangible assets, etc.);

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