Part financial statements includes a form such as a report financial results form 2. Unlike the balance sheet, it reflects dynamic indicators, such as income, expenses, resulting economic activity profit. This register is formed on the basis of accounting information, and is often requested by owners when applying for loans, as well as by competent authorities.

The legislation determines that conducting accounting is the responsibility of every business entity that is registered with the Federal Tax Service as entity.

In this case, no exceptions are made and the organizational form of the enterprise, the taxation system used, etc. are not taken into account. Accounting statements, and in their composition the report on financial results, must be sent to the Rostat and INFS authorities in mandatory.

Non-profit organizations and bar associations must also submit a profit and loss statement, Form 2, since this form is required to be completed by all entities.

Only citizens who, as an organizational and legal form, are exempt from such obligations. The same right exists for units foreign companies. All these entities can prepare reports and send them to the authorities on a voluntary basis. Previously, reports did not have to be compiled and submitted to the relevant authorities only by those applying simplified tax system for companies.

The company may be classified as a small business. In this case, the provisions of the law provide for a simplified reporting procedure for such companies.

Attention! Even if you use this benefit, the company must draw up and submit accounting forms reporting, but in a simplified form. Companies must remember that this reporting includes a statement of financial results, Form 2 and.

Which form to use – simplified or complete

An enterprise that does not meet the criteria for being classified as a small business must submit a balance sheet, form 1, and a financial statement, form 2. in full according to the provided reporting forms.

Organizations that have the right to use simplified reports are determined by the legislation “On Accounting”, these include:

• Companies classified as small businesses.
• Non-profit organizations.
• Participants in research and development projects on Skolkovo legislation.

Only these entities are given the right to prepare simplified accounting statements. Based on the prevailing circumstances and characteristics of the enterprise, they can independently decide on the use of reporting forms. They must consolidate this decision in accounting policy companies.

However, the use of simplified reporting is unacceptable for such business entities as:

• Firms whose reporting must be verified by statutory audit. They are determined by relevant legislation.
• Companies belonging to housing and housing-construction cooperatives.
• Credit consumer cooperatives.
• Microfinance companies.
• Government organizations.
• Parties and their branches in the regions.
• Bar associations, law bureaus, chambers of lawyers, legal advice.
• Notaries.
• Non-profit enterprises.

Report submission deadlines

Financial statements, including balance sheet form 1, financial performance statement form 2, etc., must be sent to the tax authorities and Rosstat no later than March 31 of the following year. This temporary restriction exists only for the above listed bodies.

However, for statistics it is possible that upon the occurrence of certain events it will be necessary to apply standard package also audit report regarding the drafted annual report. The company must submit it to Rosstat within ten days from the date the auditors issued their report, but no later than December 31 of the following reporting year.

In addition, reports can be submitted to other competent authorities, as well as published due to the characteristics of the type of activity being carried out in accordance with legal norms. For example, companies that are tour operators must submit accounting forms to Rostourism within three months from the date of its approval.

The rules of law establish a different reporting procedure for companies registered on October 1. They can exercise their right and submit reports not until March 31 of the following year, but a year later.

For example, Rassvet LLC was registered with the Federal Tax Service on October 23. By decision of management, the company will submit its annual report by March 31, 2019, including information for the entire period of activity in one report.

Attention! Companies must file reports annually. Reporting, especially the financial performance report Form 2, can be presented not only annually, but also monthly or quarterly.

As a rule, in this case, its recipients are the owners who use it to make management decisions, credit institutions to process loans and credits, etc. Such accounting statements are called interim.

Delivery methods

The financial performance report Form 2, included in the annual report, can be sent to the competent authorities using the following methods:

• Come to institutions and submit financial statements responsible person personally at on paper in duplicate. Sometimes they may also ask you to provide an electronic file of it. This method is not available for companies with more than one hundred employees.
• Send with a valuable letter through post offices or courier services. The post office will require an inventory of this letter.
• Using electronic document management, you can submit annual reports to all specified authorities, if any. For this purpose, a specialized program or website can be used tax authorities etc.

Form and sample for filling out a financial performance report in Form 2 in 2019

How to fill out a profit and loss statement form 2: full version

When filling out the financial results statement Form 2, you should follow a certain sequence.

The period under review is written under the title of the report. Further in the table, on the right, the date of compilation of the report is reflected. Below you need to write down the full or abbreviated name of the company, and in the tabular part - the registration code with Rosstat.

Then the TIN of the reporting company is reflected. Next, the name of the main type of activity carried out by the company is written down in words, and the OKVED code 2 is indicated in numbers.

The next line indicates the organizational form and form of ownership of the organization and puts the corresponding codes next to it. Next, the unit of measurement used is recorded.

The report itself is a table in which the company's performance indicators are reflected in terms, and in the columns - their value in the period of time under review and the previous one similar to it. Thus, a comparison of two periods of activity occurs.

In line 2110 you should reflect the amount received for reporting period income from all types of activities. This indicator is equal to the credit turnover on the account. 90.1. In this case, VAT should be removed from the revenue amount.

In the following lines of this subsection, you can decipher the amounts of income by type of activity. Small businesses may not do this.

Line 2210 reflects the amount of expenses incurred by the enterprise for the manufacture of products or the provision of services (work). The amount of the account turnover is reflected. 90.2.

At the same time, depending on the cost formation method used, the amount of expenses may include administrative expenses or not. If they are not included in the cost price, these amounts are reflected in line 2220.

If necessary, a breakdown of expenses by area of ​​activity is also made here.

Forms 1 and 2 of the financial statements are the key reporting forms on the financial and economic indicators of the reporting entity. Financial statements will have to be submitted annually. The deadline for submitting reports for 2019 is 03/31/2020.

General provisions on accounting

Standard financial reporting is required for almost everyone Russian organizations. Even small businesses are no exception. They also have to report financial indicators, although simplified accounting and financial reporting are provided for SMP. For unified forms for small businesses, see the article “Simplified financial statements for 2019”, it contains detailed instructions and a sample accounting report in form 1 and 2 (simplified forms).

The main composition of accounting reports is the balance sheet, Form 2 - the statement of financial results of activities and appendices to them. Note that the structure, composition and procedure for filling out accounting reports are regulated by Order of the Ministry of Finance No. 66n dated July 2, 2010, as amended in 2019. For details about the structure of financial reporting, see the article “Composition of accounting reporting 2020”.

Companies annually send completed forms: balance sheet in form 1 and 2 - report on financial results - to the Federal tax service. But for some categories of entities there are obligations to surrender interim reporting. For example, public sector employees and some insurers are required to submit accounting reports monthly or quarterly. Special reporting forms have been approved for them. Interim financial reports are also required to be prepared by accountants of those companies in which the decision was made by management.

Required Forms

The reports that all companies without exception are required to submit include:

• enterprise balance sheet;
• financial performance report: forms No. 1 and No. 2.

Let us recall that previously financial report No. 2 was called differently: “Profit and Loss Statement.” Officials also excluded the numbering of reporting forms. Previously, all forms were identified by their number. Currently, the use of numbering for accounting records is not provided for at the legislative level. But accountants continue to call forms the old fashioned way.

Balance sheet: briefly about the main thing

The unified balance sheet is the main financial report on current state economic activity companies. Form balance sheet represents two equal parts or sides: an asset and a liability. In turn, each part is structured and contains generalized indicators about property, valuables, reserves, liabilities, capital, reserves and others.

Unified form

The financial report form is fixed by Order of the Ministry of Finance No. 66n dated July 2, 2010 (as amended on April 19, 2019).

Nuances of filling

Accounting information is presented over the past few years. That is, the financial report allows you to compare similar indicators in retrospect for several years.

The standardized balance sheet form reveals accounting data generated on reporting date. If during the reporting period financial year If errors from previous years were identified, the information must be corrected. Disclose information about discrepancies in detail in the explanatory note in the balance sheet.

An example of filling out a balance sheet for 2019.

Balance sheet indicators are the main criteria for verification by tax authorities. So, for example, if the company does not own fixed assets for carrying out activities, but there is a profit, then such an entity will be checked by Federal Tax Service employees personally. This situation indicates fictitious activity and/or money laundering.

Financial results report

The old income statement form has been adjusted, but only slightly. The form must provide information about the income received during the reporting period and information about all expenses that the company incurred in the calendar year.

Accounting data is indicated over time, that is, for the reporting and previous periods. This structure allows you to immediately identify significant deviations and analyze them. Let us remind you that a detailed and thorough analysis of reporting indicators is the key to a successful business. The analysis allows you to timely identify weak sides activities and make the right management decisions.

How is the 2016 balance sheet prepared (you can download the Word form using the current form below)? An important part of the work of every accountant is filling out regulated accounting reporting forms. This source of information for tax, financial and credit authorities; for counterparties and business partners, business owners, the balance sheet (Form 1) is a generalized document about the company’s activities.

Balance sheet with line codes - form and filling procedure

Accounting financial statements, the forms of which were approved by Order No. 66n dated July 2, 2010, include, first of all, the company’s balance sheet and the so-called Form 2 - financial results report. The form is provided for the reporting calendar year and contains essential information on items, the importance and detail of which is established by the organization independently.

Important! Small businesses have the right to provide reporting, including Form 1 accounting, in a simplified manner. This implies a lack of detail in articles, combining indicators and filling in aggregated elements.

The data required to be reflected in Form 1 of the financial statements, the form of which will need to be filled out at the end of the year and submitted to the tax office, is collected by codes and accounts in the table:

Asset item	Accounts	Line code	Liability item	Accounts	Line code
Material outside current assets(VA)	The difference between 01 and 02; The difference between 03 and 02; Accounts 07, 08		Capital, reserves	Account 80, 81, 82, 83, 84, 99
Financial, intangible, other VA	The difference between 04 and 05; Accounts 09, 08 (minerals), 55.3, 60, 73; The difference between 58 and 59 (in the long-term part)		Long-term borrowed funds
	Account 10, 11, 20, 23, 21, 29, 41, 43, 44, 46, 45, 16, 15, 97, 19		Other long-term liabilities	Account 60, 62, 73, 75, 76, 96
Cash equivalents and funds	Account 50, 51, 52, 55, 57		Short-term borrowed funds
Financial and other current assets (OA)	Account 55, 58 and 59 (in the short term), 73, 60, 62, 68, 69, 71, 73, 75, 76, 50, 76, 94		Accounts payable	Account 60,62, 68, 69, 70, 70, 71, 73, 75, 76
			Other accounts payable	Account 79 (agreements trust management), 96, 98
Total balance sheet asset line 1600	Amounts on line 1150 + 1110 + 1210 + 1250 + 1240		Total balance sheet liabilities line 1700	Amounts on line 1310 + 1410 + 1450 + 1510 + 1520 + 1550

Other financial statements: current forms

There are several additional documents. Among others annual forms stands out explanatory note– Form 5 of financial statements. However, you will not find the form now, since this form in its usual form has been canceled. Now there are so-called explanations to the balance sheet, an example of which is given in Appendix No. 3 to Order No. 66n of the Ministry of Finance. It can be downloaded below. Explanations are not required to be filled out for small businesses that do not fall under mandatory audit; public organizations not engaged in commercial activities.

Another important form, in addition to the balance sheet, is Form 2 (Income Statement). The document refers to mandatory reports, including those in a simplified form. The most important information on the company’s revenue, expenses, interest paid, other income/expenses, accrued income tax, as well as net profit during the period. It should be taken into account that all the numbering of modern forms is quite arbitrary. Until 2011, they had the numbers familiar to all accountants; now they are called that out of habit.

Form 1 of the balance sheet, valid as of 01/01/2020, with a breakdown of the items, was approved by Order of the Ministry of Finance of Russia dated 07/02/2010 No. 66n. Since 2020, the following changes have been made to the accounting reporting forms by order of the Ministry of Finance dated April 19, 2019 No. 61n:

• The unit of measurement in million rubles has been excluded. Indicate all accounting indicators in thousand rubles.
• OKVED has been replaced by OKVED 2.
• Code 385 has been removed.

A field has been added to the balance sheet to display information about whether the company is subject to audit and the name of the company that conducted the audit.

In the financial results report, there have been changes in the tabular part, mandatory for use from the reporting for 2020. But if desired, taxpayers have the right to use the updated form when preparing the report for 2019.

You can download current forms of the balance sheet and financial statements using the links below

Small businesses have the right to submit simplified documents to tax authorities financial statements. You can download the simplified accounting form below.

Read about the criteria for classifying a business as small.

Basic requirements for preparing financial statements

With the exception of cases specified in the Law “On Accounting” dated November 6, 2011 No. 402-FZ, financial statements consist of a balance sheet and a statement of financial results. They are often called forms 1 and 2 (forms 1 and 2 of the balance sheet).

Accounting statements for 2019 can only be submitted to in electronic format. The exception is small businesses. They have the right to choose between paper and electronic form reporting.

Annual reports are submitted to users no later than 90 days from the end of the reporting year, unless a different procedure is provided for by the laws of the Russian Federation (clause 86 of Regulation 34n). Thus, you need to report for 2019 no later than March 31, 2020.
Interim reporting (if it is mandatory for the organization) is provided no later than 30 days after the end of the quarter.

Forms 1 and 2 of the balance sheet allow users to assess the state of the organization’s assets and liabilities, the sources of formation and the structure of its profit, as well as their dynamics. They are the main sources of data used for economic analysis financial situation organizations.

Accounting reporting falls on the shoulders of all objects entrepreneurial activity. Reporting documents must be submitted annually. The main accounting document is. As for the profit and loss statement, this is rather an additional document.

The Profit and Loss Report form (form according to OKUD 0710002) can be downloaded from.

You can download a sample of filling out form 2 at.

When preparing a profit and loss statement, you can safely consider the “title” of the balance sheet as a sample of the title part, since the information indicated in this part will be the same. Each line of the OKUD 0710002 form is filled in with total indicators.

The profit and loss statement form requires line-by-line completion, as in the balance sheet, but the order of completion is slightly different, which is best seen in several examples:

• 2110 - it is necessary to calculate the difference between the total revenue of a given enterprise received from the sale of goods or services and the amount of VAT paid. The data for this line is taken from sales account 90.
• 2120 shows the cost price after excluding all costs; data for this item is taken from the Debit of account 90.
• 2100 – this line is intended to determine gross profit and is found as the difference of the lines indicated above.
• 2210 - line is intended to show commercial costs, the values ​​of which are taken from Debit 44. Cost amounts are also included here.
• 2220 – before filling out the income statement, this value is taken from Debit 44.

Sample of filling out a profit and loss report

First sheet

Second sheet

The essence of the income statement

The profit and loss statement of an enterprise contains the amounts of income of this object, by which you can judge how efficiently a given facility operates, how profitable it is, and also view its profit growth. This document is compiled using the incremental method, which allows you to view the dynamics of growth or decrease in income from activities.

This document is sometimes also called " financial report by profit" or "financial results report", it plays a key role in forming an idea of ​​​​the activities of a given object and the profitability of its founders.

The profit and loss report is compiled on the basis of parameters for profits, losses, results of sales and non-sales processes, company costs for sales and production, other costs, as well as taxes, etc.

The profit and loss statement is submitted in Form 2 (OKUD 0710002), as required by law. Using this form, it is determined how profitable this enterprise and individual components of the entrepreneurial process.

The profit and loss statement must fully characterize the profit of a given enterprise. That is, how it was obtained, shares by type of activity, all costs of carrying out the business process, as well as net profit after paying these costs.

In order to correctly assess the development trend of a business entity, it is necessary to carry out comprehensive analysis profit and loss statement. It is this procedure that helps determine how effective the business model of a given business entity is. This matters not only for those who manage the company, but also for investors and creditors.

A good video about the essence of the profit and loss statement:

The structure of the profit and loss statement is such that the most significant indicators are placed at the beginning of this document depending on the degree of importance. After the main indicators, data is entered on those sources of income and expenses that are indirectly related to the main ones. Before preparing a profit and loss statement, it is also worth calculating the amount tax payments that this enterprise produces, since this will directly affect the amount of net profit, which will also be indicated in the profit and loss statement form.

So, this type reporting is mandatory for business entities and can be submitted in a simplified form of reporting losses and profits. The importance of this document corresponds to the importance of the balance sheet. It helps to assess the profitability and profitability of the enterprise under study, therefore it is important not only for regulatory authorities, but also for the managers themselves.