Bizimlə əlaqə

Accounting according to International Standards of Public Sector Accounting

1. Implementation of the “Accounting Law of the Republic of Azerbaijan”;
2. Continuously carry out accounting on the basis of primary accounting documents, compiling accounting registers;
3. Preparation of Financial Reports;
4. Compilation of the report on the implementation of the cost estimate;
5. Implementation of the “Report forms for budget organizations and organizations that receive financial assistance from the state budget on the use of those funds monthly, quarterly and from the beginning of the year on functional, economic and administrative classifications and their presentation”;
6. Implementation of the “Rule on the form, content and presentation of the annual financial report of the non-governmental organization”;
7. Conducting synthetic accounting on the basis of memorial warrant form in accordance with International Standards of Financial Reporting, International Standards of Financial Reporting for Small and Medium Business Entities and International Standards of Accounting for the Public Sector;
8. Application of “the procedure for reflecting the use of funds allocated for the economic classification of budget expenditures in accordance with the Unified Budget Classification of the Republic of Azerbaijan in the relevant accounts and sub-accounts of the Chart of Accounts for organizations financed from the state budget that prepare financial statements according to the International Standards of Accounting for the Public Sector”;
9. Application of monthly tariff (position) salaries of employees working in the fields financed from the state budget determined by the Unified Tariff Table;
10. Depreciation deductions and calculation of amounts deducted from income for depreciable assets;
11. Application of depreciation norms applied to fixed assets and intangible assets;
12. Implementation of the “Rules for conducting cash transactions in organizations financed from the state budget”;
13. Determining the payments taken into account and not taken into account during the calculation of the average salary for the leave period and applying the rule of multiplying the average salary for the leave period;
15. The list of state bodies and institutions in the territory of the Republic of Azerbaijan to which non-working days do not apply;
16. Implementation of the “Rules on the removal of unusable fixed assets from the balance sheets of state enterprises and organizations, as well as enterprises with a state share in the charter capital, and the sale of material prices obtained from the demolition of these assets”;
17. Inventory of deeds and obligations;
18. Application of “Employee Travel Rules”;
19. Application of travel expenses norms