Let us dwell in more detail on the list of financial statements and the deadlines for their preparation for different forms of enterprise reorganization:
Transformation
This form of company reorganization does not require the preparation of opening and closing financial statements. This rule is provided for in the letter of the Ministry of Finance No. 07-04-09/78875 dated 28.12.2016.
Moreover, even after the completion of the reorganization procedure, accounting and other forms of records are maintained in the usual manner, without any interruptions.
Carrying out the procedure of stockholder database changing the structure of an enterprise by transformation does not affect the duration of the reporting period for the financial statements of the new company. When compiling materials, it is necessary to include the months before and after the change in the form of a legal entity, as well as statistical data for a similar past period. As a result, when reorganizing an enterprise in the form of transformation, the composition of the documentation does not change, and the reporting period is still considered to be a calendar year.
Enterprise transformation
Merger
The procedure from the accounting point of view looks more complicated. In this case, it is necessary to prepare the final financial statements for all enterprises participating in the reorganization. The date of its submission is the day preceding the entry of the record of the creation of a new legal entity in the Unified State Register of Legal Entities. This is provided for in paragraph 15 of the Methodological Guidelines approved by Order of the Ministry of Finance No. 44n dated 20.05.2003.
The reporting on the merger procedure must be submitted within 3 months from the date preceding the day of state registration of the new enterprise (the date of making the corresponding entry in the Unified State Register of Legal Entities). The requirements in this case will be the same as for annual reports, including their composition:
balance sheet of the enterprise;
financial performance report;
statement of changes in equity;
report on the movement of financial resources;
Explanations to the reports.
Joining
The procedure for such a reorganization of an enterprise involves the submission of final financial statements (the last annual documents) by the predecessor company. The successor company does not have to prepare opening statements. In the future, the new enterprise will display its financial and economic indicators based on the statements submitted by the predecessor organization.
How to achieve multiple