For small businesses (average headcount no more than 100 people and income no more than 800 million rubles), the obligation to submit reports only in in electronic format through an electronic document management operator has been provided since 2021, and in 2020 it is possible to report both electronically and on paper.
From January 1, 2020, starting with the reporting for 2019, the Federal Tax Service of Russia becomes the operator of the State information resource financial statements(GIR BO). This is a public resource containing data on the annual financial statements of organizations, with the exception of the public sector. It is planned that the formats and procedure for the provision of financial statements will not undergo significant changes compared to the current ones. Annual financial statements must be submitted no later than March 31 of the following year.
The following adjustments may be made to the report:
Other organizations until 31.12.
The audit report can be submitted together with the financial statements (for LLC until April 30 and for JSC until June 30) or separately 10 working days after its receipt, but no later than December 31.
What to pay attention to when preparing financial statements?
All reporting is made only in thousands of rubles;
On the first page, you must specify whether the reporting is subject to mandatory audit, the name of the audit organization that audited the reporting.
Changes have been made to the lines of the report on financial results in accordance with the order of the Ministry of Finance of Russia dated April 19, 2019 No. 61n.
If the taxpayer made a mistake in reporting, he will receive a notification from the electronic document management operator with an error code, and the taxpayer will be able to submit corrected reports.
On the portal GIR BO will be organized Feedback. If the taxpayer saw an error in his company, he can submit an electronic appeal, after which, if necessary, the data will be quickly corrected.
The directory of auditors will be available in the largest accounting systems (1-C and others). All financial statements will be placed in open access on the website of the Federal Tax Service of Russia. It will be possible to find an organization using a flexible search (by name, TIN, address, etc.). Reporting of any organization can be downloaded from electronic signature Federal Tax Service of Russia, with the same legal significance as the blue seal. You don't need to go to the inspection anymore! All regulations and answers to key questions will be made publicly available (formats and procedures for reporting, control ratios etc.).
Not all companies with limited liability. In the table, we have provided a complete list of organizations that must conduct an audit in 2020 and the general criteria for a mandatory audit for an LLC.
The criteria that oblige companies to conduct an audit are established by the Federal Law of August 30, 2008 No. 307-FZ "On Auditing". If, based on the results of 2019, at least one of these criteria is met, an audit for an LLC in 2020 is mandatory.
Mandatory audit criteria for LLC in 2020
There are no separate requirements specifically for the audit of an LLC by law. It is necessary to take into account the general criteria (clause 1 of article 5 No. 307-FZ). The total and organizational and legal criteria for a mandatory audit in 2020 for an LLC are as follows:
- The amount of revenue for the year preceding the reporting year > 400 million rubles ;
- The amount of assets on the balance sheet at the end of the year preceding the reporting > 60 million rubles ;
- LLC's securities are admitted to organized trading;
- The organization is a credit/insurance/clearing bureau credit histories, a professional participant in the securities market, a mutual insurance company, a trade organizer, NPF, AIF, management company AIF, PIF or NPF (exception - off-budget funds);
- An organization files or publishes consolidated financial statements.
If an organization in the form of an LLC meets at least one of these criteria, it is necessary to conduct a mandatory audit of financial statements.
Tax officials will begin to communicate via SMS messages and at the same time will be less likely to make demands for the payment of debt. However, visits for inspection will become more frequent if the company has accumulated an impressive amount of arrears.
Important: officials plan to change the audit criteria in 2020 (draft law No. 273179-7). They propose to increase the amount of revenue to 600 million rubles, the amount of balance sheet assets - up to 200 million rubles. They also want to introduce a criterion for the number of employees - no more than 100 people for each of the two consecutive years preceding the reporting year.
When making a decision to conduct an audit of accounts, the company must not only take into account the requirements listed above, but also the laws governing the scope of activities. Despite the fact that the criteria for a mandatory audit are set out in a separate article of the law (we listed them above), the last subparagraph of paragraph 1 of Art. 5 of Law No. 307-FZ indicates the presence of additional criteria established by individual laws (see table).
Which LLCs are required to audit in 2020
| Who is required to audit | Law |
|---|---|
| State and municipal unitary enterprises (in cases determined by the owner) | Art. 26 of the Federal Law of November 14, 2002 No. 161-FZ |
| NPO (in cases specified by law) | Art. 32 of the Federal Law of January 12, 1996 No. 7-FZ, art. 6-7 of the Federal Law of December 30, 2006 No. 275-FZ |
| Credit consumer cooperatives | Art. 28, 31 of the Federal Law of July 18, 2009 No. 190-FZ |
| Gambling organizers | Art. 6 Federal Law 29.12.2006 No. 244-FZ |
Please also note that Federal Law No. 14-FZ of February 8, 1998 on LLC does not contain criteria for when a mandatory audit is required. It states that general meeting members of the company may decide on an audit, as well as prescribe the obligation to conduct an audit in the charter. This is an LLC initiative.
Audit check and changes in PBU 1/2008
The Ministry of Finance, by letter No. 07-04-09/2694 of January 19, 2018, published Recommendations to auditors. From section II of the document it follows that the auditors will not make comments if the company did not rewrite the methods in the accounting policy due to amendments to PBU 1/2008.
Starting August 6, 2017, companies must make new accounting choices. The rules have changed for cases where there are no methods in the standard. Then you need to develop them yourself. In this case, it is necessary to take into account sequentially:
- IFRS;
- federal and (or) industry standards on similar issues;
- bookkeeping advice.
First of all, international rules should be followed if there are no methods in domestic standards. For example, in a situation with leasing, it is necessary to take as a basis the rules that are prescribed in IFRS (Appendix 1 to the order of the Ministry of Finance dated 11.06.16 No. 111n).
According to the department, companies have had to develop their methods in accordance with international standards before. Therefore, the updated PBU 1/2008 did not add the obligation to read international standards. She was before.
Changes to the rules for compiling accounting policies came into force on August 6, 2017. However, there are no specific deadlines for applying new edition PBU 1/2008. In this case accounting policy need to be corrected. And reflect changes in accounting methods retrospectively (clauses 14, 15 of PBU 1/2008).
In 2020, it is necessary to keep a new record of income tax calculations. The newspaper "Accounting. Taxes. Law" figured out the essence of the amendments to PBU 18/02 and offered accountants practical advice for work.
Many companies still use the methods from the old instructions of industry departments and ministries. There is a risk that a check using the new algorithm will show that the methods cannot be applied. Then you need to choose correctly and recalculate the whole year.
The Ministry of Finance recommended that auditors not consider it a violation if the company did not change the accounting methods that it adopted before the entry into force of Order No. 69n dated April 28, 2017. Those methods that companies developed according to the rules before the adjustments in PBU 1/2008 do not need to be canceled.
The Ministry of Finance considers it rare that domestic methods contradict international ones. Auditors should not consider it a violation that the company operated its own methods adopted before August 2017.
It is possible that the auditors will decide that it is not necessary to check accounting methods in the policy at all, if they are not written down in federal standards.
Some organizations are required to conduct an annual audit (verification) of accounting (financial) statements (part 2 of article 5 of the Law of December 30, 2008 No. 307-FZ).
The statutory audit criteria states that an audit is conducted if an organization is:
- joint-stock company;
- a professional participant in the securities market, or securities organizations are admitted to organized trading;
- insurance company;
- non-state pension fund(or its management company);
- credit organization.
For all other companies (with the exception of authorities, as well as state (municipal) institutions), an audit is mandatory if, for example:
- the organization provides (publishes) consolidated accounting (financial) statements (except for the state extra-budgetary fund);
- the volume of proceeds from the sale of products (goods, works, services) for the previous reporting year exceeds 400,000,000 rubles. (except for agricultural cooperatives and their unions, as well as state (municipal) unitary enterprises);
- the amount of balance sheet assets at the end of the previous reporting year exceeds 60,000,000 rubles. (except for agricultural cooperatives and their unions, as well as state (municipal) unitary enterprises);
- this obligation is enshrined in others federal laws(for example, for issuers of securities, the obligation to conduct an audit is established by paragraph 9 of Article 22 of the Law of April 22, 1996 No. 39-FZ, and for the organizers of gambling, by part 12 of Article 6 of the Law of December 29, 2006 No. 244-FZ).
A complete list of cases when it is necessary to conduct a mandatory audit of an organization is given in Part 1 of Article 5 of the Law of December 30, 2008 No. 307-FZ. pivot table, containing a complete list of cases of mandatory audit of financial statements for 2015, indicating the type of audited statements and possible inspectors, is given in the information message of the Ministry of Finance of Russia.
Situation: is it necessary to conduct a mandatory audit of an LLC for the first year of operation? Financial indicators(revenue, amount of assets) exceeded the allowable limits.
No no need.
The fact is that in order to resolve the issue of a mandatory audit, organizations evaluate indicators of revenue and assets not for reporting year, but for the previous one.
So, for an LLC, an audit is required if:
- the volume of proceeds from the sale of products (goods, works, services) for the year preceding the reporting year exceeds 400,000,000 rubles;
- the amount of balance sheet assets at the end of the year preceding the reporting one exceeds 60,000,000 rubles.
This is stated in paragraph 4 of part 1 of article 5 of the Law of December 30, 2008 No. 307-FZ. A complete list of cases when it is necessary to conduct a mandatory audit is given in Part 1 of Article 5 of the Law of December 30, 2008 No. 307-FZ.
In this case, the company operates only the first year. Accordingly, in previous year she did not have any financial indicators, since the organization itself did not yet exist. Therefore, a mandatory audit of financial statements is not required.
A statutory audit may need to be carried out next year if assets or revenues exceed established limits. But it will also depend on when exactly the organization was registered.
The fact is that for newly created organizations there are special rules for determining the reporting period. Namely, the first reporting year for a newly created organization is the period:
- from the date of state registration until December 31 of the same year, inclusive, if the organization was established before September 30;
- from the date of state registration to December 31 of the next year, inclusive, if the organization was established after September 30.
For example, the organization was registered on July 1, 2013 (that is, before September 30). Accordingly, the first reporting year for it will be the period from July 1 to December 31, 2013 inclusive. Mandatory audit in this case, it will be necessary to carry out according to the results of 2014 in 2015, if the financial indicators for 2013 (from July to December inclusive) exceed the maximum values.
Now suppose that the organization was registered on November 1, 2013 (that is, after September 30). The first reporting year for it will be the period from November 1, 2013 to December 31, 2014 inclusive. Accordingly, according to the results of 2014, a mandatory audit will not be required, since the organization will not yet have a period preceding the reporting period. But according to the results of 2015 (in 2016), an audit will have to be carried out if financial indicators from November 2013 to December 2014 inclusive exceed the allowable limits.
Internal control
If the financial statements of an organization are subject to mandatory audit, it is obliged to organize and carry out internal control accounting and preparation of financial statements. An exception to this procedure is the case when the head of the organization has taken over accounting.
Who conducts the statutory audit
Mandatory audit can be carried out by both audit organizations and individual auditors (part 2 of article 1, article 3, 4 of the Law of December 30, 2008 No. 307-FZ).
The only exception is for:
- companies whose securities are admitted to organized trading and (or) other organizers of trading on the securities market;
- credit and insurance organizations;
- non-state pension funds;
- companies, in the authorized (share) capitals of which the share of state property is at least 25 percent;
- state corporations and companies;
- companies generating consolidated financial statements.
Mandatory audits are carried out by audit organizations.
These rules are provided for by part 3 of article 5 of the Law of December 30, 2008 No. 307-FZ.
When choosing an audit organization (individual auditor):
- make sure it is a member of a self-regulatory organization of auditors. Otherwise audit organization(an individual auditor) is not entitled to conduct an audit, provide audit-related services (part 2 of article 23 of the Law of December 30, 2008 No. 307-FZ);
- make sure of its independence (part 1 of article 8 of the Law of December 30, 2008 No. 307-FZ).
Advice: to make sure that the audit organization is a member of a self-regulatory organization, you can request from it documents evidencing membership in one of them. WITH state register self-regulating organizations of auditors can be found on the official website of the Ministry of Finance of Russia (part 7 of article 23 of the Law of December 30, 2008 No. 307-FZ).
In addition, the legislation provides for the features of a mandatory audit in:
- state and municipal unitary enterprises;
- public corporations and companies;
- organizations, in the authorized (share) capitals of which the share of state property is at least 25 percent.
The conclusion of contracts for auditing is possible for them only following the results of placing an order for the provision of these services at an auction in the form of an open tender (in the manner provided by law dated April 5, 2013 No. 44-FZ). This rule is established in part 4 of article 5 of the Law of December 30, 2008 No. 307-FZ.
Submission of an audit report to Rosstat and the tax office
If an organization is required to conduct an audit, then it must submit an audit report along with financial statements to the territorial division of Rosstat. You need to do this:
- or simultaneously with the filing of financial statements;
- or separately, but no later than 10 working days from the day following the date of the auditor's report, and no later than December 31 of the year following the reporting one.
Attention: if you do not submit an audit report to Rosstat (submit late), an administrative fine will be charged.
For the fact that statistical information is not submitted to Rosstat (or submitted with violations, including not on time), a fine is provided in the amount of 10,000 to 20,000 rubles. for an official of the organization (head). The organization can be fined from 20,000 to 70,000 rubles.
A repeated violation will cost more: the official will be fined from 30,000 to 50,000 rubles, the organization faces a fine of 100,000 to 150,000 rubles.
Such sanctions are provided for in Article 13.19 of the Code of Administrative Offenses of the Russian Federation.
Submit an audit report to tax office is not required, as the auditor's report is not included in the composition of financial statements mandatory for submission to the inspection. Similar clarifications are contained in the letters of the Ministry of Finance of Russia dated January 30, 2013 No. 03-02-07 / 1/1724 and the Federal Tax Service of Russia for Moscow dated March 31, 2014 No. 13-11 / 030545, dated January 20, 2014 No. 16-15/003855.
Publication of the auditor's report
If the financial statements subject to mandatory audit are published, then an audit report must be published along with it (part 10 of article 13 of the Law of December 6, 2011 No. 402-FZ).
When is an organization required to conduct an audit? When an audit is mandatory. Submission of an audit report to Rosstat and the tax office.
Question: The organization has a turnover of 600 mln. for 2018. Is the organization required to conduct an audit for 2018? If so, what is the responsibility if it is not carried out? Where should the auditor's report be submitted?
Answer:
Regarding the obligation to conduct an audit for 2018.
The LLC is required to conduct an audit if the LLC exceeds any of the two indicators listed below.
In order to conduct a statutory audit, for an LLC, either the amount of balance sheet assets at the end of the previous reporting year (more than 60 million rubles) or the amount of revenue (more than 400 million rubles) matters. That is, if any of these indicators is exceeded, then an audit is required.
If in 2017 one of the indicators is exceeded (this is the year preceding the reporting year), then the audit is carried out based on the results of 2018. Thus, the audit will need to be carried out in 2019.
On the issue of liability for failure to conduct a mandatory audit.
It is important to know that in the event of liability for failure to conduct a mandatory audit and the imposition of penalties, the legislator does not relieve the organization of the obligation to provide an audit report.
Regarding the submission of an audit report.
If an organization is required to conduct an audit, then it must submit an audit report along with financial statements to the territorial division of Rosstat. You need to do this:
or simultaneously with the filing of financial statements;
or separately no later than 10 working days from the day following the date of the auditor's report, in any case no later than December 31 of the year following the reporting one.
(Federal resource).
Rationale
When is an organization required to conduct an audit?
Situation: whether it is necessary to conduct a mandatory audit for the first year of the LLC. Financial indicators (revenue, amount of assets) exceeded the allowable limits
No no need.
The fact is that in order to resolve the issue of a mandatory audit, the indicators of revenue and assets are assessed not for the reporting year, but for the previous one.
So, for organizations established in the form of an LLC, an audit is mandatory if:
- the volume of proceeds from the sale of products (goods, works, services) for the year preceding the reporting year exceeds 400,000,000 rubles;
- the amount of balance sheet assets at the end of the year preceding the reporting one exceeds 60,000,000 rubles.
How to submit an audit report to Rosstat
Submit the audit report to Rosstat on paper or send it by e-mail. The last option is agreed with the employees of your territorial office Rosstat.
It will not be possible to send a document in electronic form along with financial statements through a telecom operator. The document will not be accepted by Rosstat.
Do I need to submit an audit report to the tax office?
It is not required to submit an audit report to the tax office, since the audit report is not included in the financial statements that are mandatory for submission to the tax office. Similar clarifications are contained in the letters of the Ministry of Finance dated January 30, 2013 No. 03-02-07 / 1/1724 and the Federal Tax Service for Moscow dated March 31, 2014 No. 13-11 / 030545, dated January 20, 2014 No. 16-15 / 003855.
Responsibility for evading statutory audit
What is the responsibility for evading mandatory audit
If an organization has not conducted a mandatory audit and it does not have an audit report, this is a gross violation of the requirements for accounting and reporting. Penalties are provided by the Code of Administrative Offenses. The amount of the fine for officials- from 5,000 to 10,000 rubles. And in case of repeated violation - up to 20,000 rubles. or disqualification from one to two years.
You did not publish the financial statements of the JSC and the audit report, did not submit the audit report to the shareholders - you will be fined in accordance with part 1 of article 15.19 and part 2 of article 15.23.1 of the Code of Administrative Offenses. The amount of the fine will be:
- for organizations - from 500,000 to 700,000 rubles;
- for officials - from 20,000 to 30,000 rubles. or disqualification up to one year.
If the audit report is not submitted to Rosstat in time, there will be a warning or a fine:
- for organizations - from 3000 to 5000 rubles;
- for an official (manager) - from 300 to 500 rubles.
Such sanctions are provided by the Code of Administrative Offenses.
There will be similar penalties if you are late with the submission of financial statements or submit them incompletely (Rosstat letter dated February 16, 2016 No. 13-13-2 / 28-SMI).
If an accredited organization for the management of rights on a collective basis does not disclose the annual accounting (financial) statements together with the auditor's report, it will be fined in accordance with part 1 of Article 15.42 of the Code of Administrative Offenses. The amount of the fine is from 100,000 to 200,000 rubles. And if such an organization does not publish statements along with the audit report of the fund it created and its subsidiaries, the fine will be from 50,000 to 100,000 rubles. (part 2 of article 15.42 of the Code of Administrative Offenses).
If the financial statements subject to mandatory audit are published, then an audit report must be published along with it (part 10 of article 13 of the Law of 06.12.2011 No. 402-FZ).
Entering information into the state register
Is it necessary to enter the results of a mandatory audit into the Unified Federal Register of Information on the Facts of the Activities of Legal Entities
The customer is obliged to enter information on the results of a mandatory audit into the Unified Federal Register of Information on the Facts of the Activities of Legal Entities (Federal Resource). Namely:
data of the audited entity. TIN, OGRN, SNILS;
auditor data. Name (full name), TIN, OGRN, SNILS;
a list of audited accounting (financial) statements and the period for which they were drawn up;
the date of the auditor's report, the auditor's opinion on the reliability of the statements;
circumstances that affect or may affect the reliability of reporting. But only if it is not a state or commercial secret.
For violation of the rules for posting information in the Federal resource, administrative liability is provided for:
| Violation | Responsibility |
| Late entry of information into the Federal resource | Warning or fine for officials in the amount of 5000 rubles. (Clause 6, Article 14.25 of the Code of Administrative Offenses) |
| Failure to provide or provide false information to Federal resource | Fine for officials from 5,000 to 10,000 rubles. (Clause 7, Article 14.25 of the Code of Administrative Offenses) |
| Repeated failure to provide or provide false information to the Federal Resource or posting knowingly false information | Fine for officials from 10,000 to 50,000 rubles. or disqualification of an official for a period of one to three years (Clause 8, Article 14.25 of the Code of Administrative Offenses) |
Answered by Alexander Sorokin,
Deputy Head of the Operational Control Department of the Federal Tax Service of Russia
“CCP should be used only in cases where the seller provides the buyer, including its employees, with a deferral or installment plan for paying for their goods, works, services. It is these cases, according to the Federal Tax Service, that relate to the provision and repayment of a loan to pay for goods, work, and services. If an organization issues a cash loan, receives a return of such a loan, or itself receives and repays a loan, do not use the cash desk. When exactly you need to punch a check, look at
Which organizations must submit an audit report to Rosstat?
The obligation to submit an audit report to Rosstat is established by Art. 18 of the Law "On Accounting" dated December 6, 2011 No. 402-FZ and in regulations Rosstat. So, in the order of the department dated March 31, 2014 No. 220, it is indicated that if the annual financial statements of the company are subject to mandatory verification on the part of auditors, the statistical authorities need to without fail provide a report.
In Art. 5 of the Law "On Auditing" dated December 30, 2008 No. 307-FZ specifies the criteria by which managers and officials will be able to determine whether the organization is subject to annual audit by auditors.
In addition, you can rely on the following regulations:
- Part 4 Art. 18 of the law "On participation in shared construction…” dated December 30, 2004 No. 214-FZ (developers);
- paragraph 8 of Art. 7.2 of the Law "On Non-Commercial Organizations" dated January 12, 1996 No. 7-FZ (state companies);
- paragraph 2 of Art. 7.1 of Law No. 7-FZ of January 12, 1996 (state corporations);
- Part 4 Art. 12 of the law "On self-regulatory organizations» dated December 1, 2007 No. 315-FZ (SRO).
The following entities must submit an audit report to Rosstat:
The obligation to provide an audit report does not apply to agricultural cooperatives, state and local authorities, state extrabudgetary funds, unitary enterprises, state and municipal institutions.
What should be included in the auditor's report?
- name of the addressee (for whom it is intended);
- the name of the audited organization and information about it;
- information about the audit firm;
- responsibility of the auditor and the audited organization;
- list of audited financial statements;
- the amount of work performed by the auditor;
- the opinion of the auditor who conducted the audit of the statements (an indication of the circumstances that affect the reliability of information in financial documents);
- auditor's signature;
- the date on which the opinion was drawn up.
The main part of the document provides grounds for drawing conclusions about the reliability of the financial statements presented. In the results of the audit, the auditor reflects his opinion, which may be:
- unmodified (if the auditor believes that the financial statements accurately reflect the results of the organization's activities);
- modified (otherwise).
The modified opinion can be:
- qualified opinion (if the audit revealed significant misstatements, but they do not affect most of the significant elements of the reporting);
- negative opinion (if the misstatements involve important indicators financial statements); this means that the auditor did not confirm the reliability of the audited documentation;
- refusal to express an opinion (if the auditing specialist was not given access to the reporting or the management of the organization prevented the audit).
A sample audit report can be found here.
Don't know your rights?
Deadlines and procedure for providing an opinion
In part 2 of Art. 18 of the law dated 06.12.2011 No. 402-FZ states that the audit report can be submitted in two ways:
- along with annual accounting;
- separately from the accounts on any day during the year following the reporting period (before December 31), but this must be done within 10 days following the date of the auditor's report.
IMPORTANT! Since the number of copies of the report is agreed in advance with the auditor, do not forget to order an additional copy for submission to the statistics service.
The date of submission of the report is:
- date of direct submission to the statistical agency;
- date of posting;
- the date of sending the conclusion in electronic format, recorded by Rosstat or the telecom operator.
The conclusion with the conclusions of the auditor is provided to the statistical authorities:
- in the form of an electronic document sent to Rosstat via telecommunication channels;
- on hard copy, provided to the management of Rosstat personally by the head of the organization or an authorized person, as well as sent in the form of registered mail.
Punishment for violators
Art. 19.7 of the Code of Administrative Offenses of the Russian Federation provides for administrative liability for organizations and managers for the late submission of the results of an audit by external auditors to the statistical authorities. Cases of violators are considered in court.
The following fines have been established:
- for officials - 300-500 rubles;
- for companies - from 3 to 5 thousand rubles.
IMPORTANT! Paying the fine does not release you from the obligation to undergo an audit and submit an appropriate conclusion to the statistical authorities.
In addition, violators will be punished under Art. 15.11 and 15.19 of the Code of Administrative Offenses.
In the absence of a statutory audit report for responsible persons The following penalties have been established:
- from 5 to 10 thousand rubles. - in case of primary violation;
- from 10 to 20 thousand rubles. or disqualification for a period of 1 to 2 years - if repeated.
More significant penalties are provided for non-disclosure of information in financial markets:
- for officials - from 10 to 50 thousand rubles;
- for organizations - from 300 thousand to 1 million rubles.
How to write a letter to Rosstat about the lack of auditor's conclusions?
If during the reporting period you did not carry out economic activity and did not receive income, you need to send letter to Rosstat on the absence of an audit opinion. The letter can be sent to email address departments or Russian Post.
There are no strict requirements for the form of the letter - it is enough to write it on the form with details legal entity. In the header of the application indicate the name of the recipient (it will be the statistical department), the name of the sender, address, OKVED. In the main part, Rosstat is notified that the organization does not have the conditions established by Art. 5 of the Law "On Auditing".
In addition to the financial statements, it is necessary to submit an audit report to the statistical authorities. Failure to comply with this requirement is fraught with penalties.