Explanatory note to the balance sheet - mandatorypart of the financial statements. This is regulated by Clause 5 of Accounting Regulation No. 4/99 "Accounting Statements of the Organization". This document discloses data on the accounting policies of the enterprise, which are necessary to perform a full analysis of all indicators of economic activity.
There can be no explanatory note to the balance sheet only at small enterprises or in socially-oriented non-profit organizations for which audit checks are not required.
The document contains:
• general information about the company;
• accounting policy data;
• full information about assets and liabilities;
• balance structure;
• an estimation of dynamics of profit;
• information on incomes and expenses;
• evaluation of business activity;
• information about affiliates;
• information about events that occurred after the preparation of statements and much more.
Пояснительная записка к балансу включает сведения About the organization: the full name of the legal entity, the organizational and legal form, the management structure, the actual and legal address, the size of the share capital, the data of the company's founders and the average annual number of employees. All these data are indicated at the very beginning, followed by the item on accounting policies. This is a very important section, because without it, this note is incomplete and does not fit the required format. It reveals the accounting rules. If in the reporting period they have been changed, then all the changes that have occurred and the reasons for their occurrence are indicated.
The third part contains all the information aboutfixed assets, stocks of the enterprise, as well as data on financial investments and loans. If the company has funds in foreign currencies, they are also listed in this section. The fourth paragraph of the explanatory note includes the analysis and evaluation of the structure of the balance sheet: liquidity ratio, solvency, profitability, etc. Next comes information that reveals all sources of income and expenses of the organization, including barter transactions.
According to the information of the Ministry of Finance of Russia No. ПЗ-10/2012,explanatory note to the balance sheet can be issued in a free form, since it is not an element of strict financial statements and is intended for the owners of the company. A sample of the explanatory note to the balance sheet can be found in the official appendices to circular letters of the Ministry of Finance. In this case, you should not confuse the note with the official explanation for the balance sheet, which is carried out in tabular form determined by the organization independently. The task of explanations is to decipher all lines of financial statements.
Explanatory note - an example of a combinedone document information, clearly demonstrating all parties and aspects of the economic activity of the enterprise. A brief summary of all the basic data. This document is equally useful for owners of the enterprise, as well as for current and potential investors.
