ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of February 9, 2016 No. 56

About modification and amendments in the order of the Minister of Finance of the Republic of Kazakhstan of October 30, 2013 No. 500 "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 October 30, 2013 No. 500 "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. 8913, No. 346 (27620)), the following changes and amendments is published in the Kazakhstanskaya Pravda newspaper of December 28, 2013:

change in state language is made to heading, the text in Russian does not change;

change in state language is made to Item 1 of the specified order, the text in Russian does not change;

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:

change in state language is made to heading, the text in Russian does not change;

changes in state language are made to Items 1 and 2, the text in Russian does not change;

in paragraph one of Item 3 change in state language is made, the text in Russian does not change;

state Item 6 in the following edition:

"6. In case of availability of notes and need of modification of consolidated financial statements of the administrator of republican budget programs, the central authorized body on budget implementation rejects in information system (further – IS) consolidated financial statements of the administrator of republican budget programs for introduction of corresponding changes, with indication of reason for rejection.

In case of need modification or amendments of consolidated financial statements of the administrator of local budget programs the local authorized body on budget implementation sends the written notice to the administrator of budget programs, with indication of reasons for rejection.

The administrator of budget programs according to the notes directed through IS or according to the written notice makes changes to the consolidated financial statements within 10 working days from the moment of receipt of the written notice or variation in IS. If changes concern the financial reporting of subordinated public institution, the administrator of budget programs in writing notifies the relevant subordinated public institution and redirects offers on changes and amendments for their introduction within 10 working days to its separate financial statements.

Changes by the administrator of budget programs after its delivery in authorized body on budget implementation are made to consolidated financial statements only based on the notification of authorized body on budget implementation by results of consideration of the report by it, with obligatory respect for the principles and requirements for modification of these rules and Rules of creation and the accounts presentation approved by the order of the Minister of Finance of the Republic of Kazakhstan of July 8, 2010 No. 325 (it is registered in the Register of state registration of regulatory legal acts for No. 6352).

In case of modification of consolidated financial statements, it is necessary to make corresponding changes to copy of the reporting which is earlier sent to Calculating committee on control of execution of the republican budget.";

to state paragraph two of Item 7 in the following edition:

"the detail "authorized body on budget implementation" – the name of authorized body of area, city of republican value, the capital, area (city of regional value) on budget implementation;";

add with Item 9-2 of the following content:

"9-2. The annual consolidated financial statements of administrators of budget programs are placed on the Internet portal according to the Rules of placement of information on the Internet portal of open budgets approved by the order of the Acting Minister of investments and development of the Republic of Kazakhstan of December 30, 2015 No. 1271 (it is registered in the Register of state registration of regulatory legal acts at No. 12803).";

change in state language is made to Item 10, the text in Russian does not change;

state Item 12 in the following edition:

"12. By reorganization (merge, accession, separation, allocation) of the ministry and other executive body, property rights and obligations pass to the legal successor in case of merge and accession - according to the transfer act, and in case of separation and allocation – according to the separation balance sheet. The separation balance sheet becomes in one copy for each allocated public institution.

In case of liquidation after the expiration for presentation of claims by creditors the liquidation commission constitutes the interim liquidation balance sheet which contains the information about structure of property of the liquidated legal entity, the list of the claims declared by creditors, and also results of their consideration.

The interim liquidation balance sheet affirms the owner of property of the legal entity or the body which made the decision on liquidation of the legal entity.

After completion of settlings with creditors the liquidation commission constitutes the liquidation balance sheet which affirms the owner of property of the legal entity or the body which made the decision on liquidation of the legal entity.

In case of liquidation the liquidation balance sheet in the Consolidated balance sheet form is constituted. The financial reporting is provided before full completion of liquidation procedures.

By reorganization (separation, allocation, accession and merge) of public institution the administrator of budget programs of former/new subordination constitutes consolidated financial statements in full of forms of annual accounts from the beginning of year to the reporting date following date of reorganization taking into account the counted balance for the beginning of year.

The administrator of budget programs of former/new subordination represents disaggregation in form according to appendix 6 to the Rules The Consolidated Separation Balance Sheet for the beginning of year which includes:

balance for the beginning of year;

plus-minus opening balance (the reorganized public institution);

the counted balance for the beginning of year;

it is transferred to date of reorganization.

The counted balance for the beginning of year in the balance sheet of the administrator of budget programs is determined taking into account balance for the beginning of year of the balance sheet of the reorganized public institution.

In case of merge, accession of public institutions and investment with separate functions and powers for date of transfer of former and new subordination by administrators of budget programs the transfer statement, including disaggregations on assets, on receivables and payables is drawn up.

The amount of forms of the accounting period joins the separation or liquidation balance sheet for date of transfer and it is represented in the relevant authorized body on budget implementation by separate reports on each ministry or other executive body.

The separation balance sheet is confirmed by the signature of the head and chief accountant of the accepting and transferring party with obligatory disaggregation of the signature (surname and initials).";

change in state language is made to Item 14, the text in Russian does not change;

state Items 18 and 19 in the following edition:

"18. Creation of consolidated financial statements of the administrator of budget programs and public institutions subordinated to it as single economic organization 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) 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;

4) transfer of the consolidated data of the previous accounting period.

Consolidation of indicators according to tables of form 5 "The explanatory note to the financial reporting" in case of creation of consolidated financial statements by administrators of budget programs is performed also by summing of similar items.

19. Creation of consolidated financial statements of local authorized bodies on budget implementation as single economic organization is performed in the following procedure:

1) line-by-line summing of similar items of the financial reporting of administrators of local budget programs and local authorized bodies on budget implementation. 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 local authorized bodies on execution of higher and subordinate budgets, between administrators of budget programs.

For the purpose of exception of the double entry accounting of the income and expenses in consolidated financial statements, the amounts of the income and expenses, including on transfers and subsidies, transactions on internal crediting between authorized bodies on execution of higher and subordinate budgets are excluded;

3) balances by mutual calculations and transactions between administrators of budget programs, and also between authorized bodies on execution of higher and subordinate budgets in case of consolidation of the financial reporting by local authorized body for budget implementation are completely excluded;

4) transfer of the consolidated data of the previous accounting period.

Consolidation of indicators according to tables of form 5 "The explanatory note to the financial reporting" in case of creation of consolidated financial statements by local authorized bodies on budget implementation is performed also by summing of similar items.";

in Item 21:

the forty eighth and forty ninth to exclude paragraphs;

to state paragraphs of the fiftieth, fifty first and fifty second in the following edition:

"Articles "financing of capital investments at the expense of external loans and the connected grants" (code of line 410);

Articles "Reserves" (code of line 411);

Articles "Cumulative Financial Result" (code of line 412);";

state Item 23 in the following edition:

"23. Consolidation of Articles of the "Consolidated Statement about Results of Financial Activities" form is performed by line-by-line addition of similar items of the income and expenses:

Articles "Income from Not Exchange Transactions" (code of line 010);

The articles "Financing of the Current Activities" (the code of line 011), in consolidated financial statements of local authorized body of area on budget implementation is subject to exception income amount from not exchange transactions on the purpose of representation of budget credits; income amount of subordinate budgets from the current financing received according to the budget programs realized at the expense of means of target transfers; income amount 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 is subject to exception income amount of subordinated public institutions, received from the administrator of budget programs on financing of capital investments;

Articles "Income from Financing at the expense of External Loans" (code of line 013);

The articles "Transfers" (the code of line 014), in consolidated financial statements of local authorized body of area on budget implementation is subject to exception the amount of income from the transfers listed from the higher budget gained by the subordinate budget;

Articles "Subsidies" (code of line 015);

Articles "Sponsor's and Charitable Help" (code of line 016);

Articles "Grants" (code of line 017);

Articles "Other" (code of line 018);

Articles "Income from Exchange Transactions" (code of line 020);

Articles "Income from Asset Management" (code of line 030);

The articles "Remunerations" (the code of line 031), in consolidated financial statements of local authorized body of area on budget implementation is subject to exception the amount of remunerations on the credits issued to subordinate budgets;

Articles "Other Incomes from Asset Management" (code of line 032);

The articles "Other incomes" (the code of line 040), in consolidated financial statements is subject to exception the amount of the income from non-paid receipt of non-current assets and inventories between administrators of budget programs, between the public institutions subordinated to one administrator of budget programs, and also between authorized bodies on budget implementation.

Besides, the amount of the income from centralized supply with non-current assets and inventories of public institutions, the amount of the income on non-paid acceptance transfer of creditor and debit debts between the public institutions subordinated to one administrator of budget programs, between administrators of budget programs of the relevant budget, and also between authorized bodies on budget implementation is subject to exception (within area, and also between areas);

Articles "Expenses of Public Institution" (code of line 110);

Articles "Compensation" (code of line 111);

Articles "Grants" (code of line 112);

Articles "Taxes and Payments in the Budget" (code of line 113);

Articles "Expenses on Inventories" (code of line 114);

Articles "Travelling expenses" (code of line 115);

Articles "Utility costs" (code of line 116);

Articles "Lease payments" (code of line 117);

Articles "Content of Non-current Assets" (code of line 118);

Articles "Communication services" (code of line 119);

Articles "Asset depreciation" (Article code 120);

Articles "Asset impairment" (code of line 121);

The articles "Other Operating Expenses" (the code of line 122), in consolidated financial statements of local authorized body of area on budget implementation 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;

Articles "Expenses on Budget Payments" (code of line 130);

Articles "Pensions and Benefits" (code of line 131);

Articles "Subsidies" (code of line 132);

The articles "Target Transfers" (the code of line 133), in consolidated financial statements of local authorized body of area on budget implementation is subject to exception expense amount on transfers;

Articles "Transfers of General Nature" (code of line 134);

Articles "Transfers to Physical Persons" (code of line 135);

Articles "Management Expenses Assets" (code of line 140);

Articles "Remunerations" (code of line 141);

Articles "Other Expenses on Asset Management" (code of line 142);

The articles "Other expenses" (the code of line 150), in consolidated financial statements is subject to exception expense amount on voluntary conveyance of inventories between authorized bodies on budget implementation (within area, and also between areas), between administrators of budget programs, between the public institutions subordinated to one administrator of budget programs; expense amount on centralized supply with non-current assets and inventories of public institutions, expense amount on non-paid acceptance transfer of creditor and debit debts;

Articles "Share of Net Profits or Losses on the Investments Considered on Equity Method" (code of line 210);

The articles "Disposal of Non-current Assets" (the code of line 220), in consolidated financial statements is subject to exception expense amount on voluntary conveyance of non-current assets between authorized bodies on budget implementation (within area, and also between areas), between administrators of budget programs, between the public institutions subordinated to one administrator of budget programs;

Articles "Exchange difference" (code of line 230);

Articles "Other" (code of line 240).";

in Item 25:

the tenth to state the paragraph in the following edition:

"Articles "the financing reduction recognized directly in the Report on changes of net assets / the capital" (code of line 048);";

the eleventh to exclude the paragraph;

the twentieth to state the paragraph in the following edition:

"Articles "the financing reduction recognized directly in the Report on changes of net assets / the capital" (code of line 108);";

the twenty first to exclude the paragraph;

state Item 28 in the following edition:

"In the forms "Consolidated Statement About Results of Financial Activities", "Consolidated Statement about Movement of Money (Direct Method)" the column 4 "Last Period" is filled in for the same period of last year, since 2014.

Lines 070, of 080, of 090, of 100, of 101, of 102, of 103, of 104, of 105, of 106, of 107, of 108, of 110, of the 120th "Consolidated Statement about Changes of Net Assets / the Capital" form are filled for the same period of last year, since 2014.

In case of absence in this Section, on any line of instructions on exceptions for procedures of consolidation of the financial reporting, it is necessary to use requirements of Section 2. "Stages of consolidation of the financial reporting" of these rules".;

1, of 2, of 3, of 4, of 5, 6 to state appendices in edition according to appendices 1, of 2, of 3, of 4, of 5, 6 to this order.

2. To department of methodology of financial accounting and audit of the Ministry of Finance of the Republic of Kazakhstan (Bekturova A. T.) in the procedure established by the legislation to provide:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days after state registration of this order in the Ministries of Justice of the Republic of Kazakhstan its direction in the Republican state company on the right of economic maintaining "The republican center of legal information" of the Ministry of Justice of the Republic of Kazakhstan for placement in Reference control bank of regulatory legal acts of the Republic of Kazakhstan;

3) placement of this order on the Internet - resource of the Ministry of Finance of the Republic of Kazakhstan.

3. Determine that the reporting for January 1, 2016 is constituted and it is represented without the changes made by this order.

4. This order becomes effective from the date of its state registration.

Appendix 1

to the Order of the Minister of Finance of the Republic of Kazakhstan of February 9, 2016 No. 56

Appendix 1

to Rules of creation of consolidated financial statements by administrators of budget programs and local authorized bodies on budget implementation

Form 1

The consolidated balance sheet as of "___" _________

ASSETS	Code of line	For the beginning of the accounting period	By the end of the reporting period
1	2	3	4
I. Current assets

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