engleski

Metodološki izazovi konsolidacije financijskih izvještaja opće države u Hrvatskoj

Consolidated financial statements are the financial statements of a group of entities presented as if they were a single economic entity. The basic principles of consolidation of financial statements are economic unity, unique methodological ¸basis for the recognition of the financial statement elements, a single reporting period and unique reporting monetary unit. International Public Accounting Standards 6 - Consolidated and Separate Financial Statements, and the European System of Accounts 2010 (ESA 2010) provide a technical methodological framework for carrying out the process of consolidating the financial statements of all entities in the general government sector. Following the application of ESA 2010, the general government sector in the Republic of Croatia has been expanded to include the units that use very different accounting and financial reporting systems depending on their legal status. Therefore, in order to prepare the consolidated financial report of general government, it is necessary to make methodological adjustments and reclassifications of elements of the financial statements of entrepreneurs, foundations, banks and non-profit organizations in accordance with the rules of government accounting. The article presents the results of qualitative analysis of the differences in the accounting systems of the entities participating in the general government sector. It also proposes procedures for their adjustment in order to create a unified methodological basis necessary for the preparation of the consolidated financial report of the state.

consolidation, financial statements, general government, ESA 2010,

nije evidentirano