Списание на ИДЕС - бр. 01/2014 | Page 45

СЧЕТОВОДСТВО бр. 1/2014, година XVIII PREPARING THE ANNUAL FINANCIAL STATEMENTS FOR 2013 AND REGISTERED AUDITORS’ REQUIREMENTS IN RESPECT OF FINANCIAL STATEMENTS THAT ARE THE SUBJECT OF INDEPENDENT FINANCIAL AUDIT Dimitar Jelyazkov Certified Public Accountant, Registered Auditor Key words: Zlatka Kapinkova Certified Public Accountant, Registered Auditor Summary Annual financial The article gives full description in chronological order of statements the required methodological and systematic steps and AS 1 Presentation of procedures related to the preparation of entities’ annual Financial Statements financial statements for 2013. AS 13 Liquidation This article highlights the relevance of particular and Insolvency regulations in light of the scope and content of applicable legislation in respect of the preparation of these statements. Accounting The article stresses the main objective, namely, that annual financial statements should give the so called “true and fair view” of entity’s financial position, as at 31 December 2013. 43