What is Decree No. 410 / 2009 Coll.?

Decree No. 410 / 2009 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for certain selected entities — Decree implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for certain selected entities.

When it became Decree No. 410 / 2009 Coll. effectiveness?

Decree No. 410 / 2009 Coll. became effective 01.01.2010.

Is Decree No. 410 / 2009 Coll. still valid?

Yes, Decree No. 410 / 2009 Coll. is still valid and effective.

How many times was it Decree No. 410 / 2009 Coll. amended?

Decree No. 410 / 2009 Coll. has 13 time versions of the text.

Decree No. 410 / 2009 Coll. - Decree implementing certain provisions o...

410

DECLARATION

of 11 November 2009

implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for certain selected entities

According to Section 37b (1) of Act No. 563 / 1991 Coll., on Accounting, as amended, ("the Act '), the Ministry of Finance provides for the implementation of Sections 4 (8) and 24 (5) of this Act:

ČÁST PRVNÍ

SUBJECT MATTER OF ADJUSTMENT AND SCOPE

§ 1

This decree provides for full accounting and simplified accounting

(a) the extent and method of drawing up the accounts;

(b) the organisation, labelling and content of items of assets and other assets, liabilities and other liabilities in the financial statements, including the layout, labelling and content of off-balance-sheet accounts;

(c) the organisation, labelling and content of the costs, revenues and results of the financial statements;

(d) the structure and content of the explanatory and supplementary information in the Annex in the financial statements, including information on the management of the State budget and the budgets of the local authorities;

(e) the organisation and content of an inventory of cash flows and an inventory of changes in equity;

(f) an indicative chart of accounts;

(g) accounting methods, in particular valuation methods and their use, including valuation of a set of assets, procedures for the creation and use of adjustments, depreciation procedures, procedures for the development and use of reserves;

(h) a binding model of the parts of the accounts.

§ 2

The decree applies to entities under § 1 (2) (a) and (c) of the Act, which are territorial autonomous units (1), voluntary volumes (2) (hereinafter referred to as "communal bundles"), contribution organisations4), state funds under budget regulation5) and state organisations7).

ČÁST DRUHÁ

FINANCIAL CONCLUSION

HLAVA I

SCOPE AND METHOD OF ACCOUNTING

§ 3

Parts of the accounts and the labelling of their items

(1) The accounts are made up of parts

(a) balance sheet (balance sheet);

(b) profit and loss account;

(c) the Annex;

(d) an overview of the cash flows; and

(e) an overview of changes in equity.

(2) The balance sheet items, the profit and loss account, the cash flow overview and the statement of changes in equity are identified by a combination of large letters of the Latin alphabet, Roman numerals, Arab numerals and item names. The headings of the table parts of the Annex shall be indicated in accordance with the mandatory model of the Annex.

(3) The items of parts of the accounts shall be shown separately and in the order laid down.

(4) The technical form of the parts of the accounts is laid down in the Technical Decree on accounting records (8).

(5) The accounts are drawn up in units of the Czech currency and recorded in CZK, with precision to two decimal places.

§ 4

Balance sheet

(1) Assets and other assets and liabilities and other liabilities are included in the balance sheet. Annex No 1 to this Decree sets out the layout and labelling of the balance sheet items, including the calculation of the sum items and its basic binding model and the mandatory models for:

(a) the organisational elements of the State;

(b) local authorities and municipalities;

(c) contribution organisations;

(d) State funds.

(2) The first column of the assets for each balance sheet item shall include information on its status at the time of drawing up the interim accounts or on the balance sheet date of the current accounting year, not adjusted for the amount of the adjustments and adjustments (hereinafter referred to as "Brutto ').

(3) In the second column of the assets for each item of the balance sheet, information on the amount of the adjustments and adjustments relating to the item ("Correction ') shall be reported at the time of drawing up the interim accounts or on the balance sheet date of the current accounting year, each with a positive sign.

(4) In the third column of assets for each balance sheet item, information on the status of the item adjusted by the amount of the adjustments and adjustments relating to that item (hereinafter "Netto ') shall be reported at the time of drawing up the interim accounts or on the balance sheet date of the current financial year.

(5) The fourth column of assets for each item of the balance sheet shall include information on its status in the column Netto on the balance sheet date of the immediately preceding financial year (hereinafter referred to as the "previous financial year ').

(6) The first column of liabilities for each item of the balance sheet shall include information on its status at the time of drawing up the interim accounts or on the balance sheet date.

(7) The second column of liabilities for each item of the balance sheet shall include information on its status at the balance sheet date of the last financial year.

(8) The value of the balance sheet items in all columns shall be reported either with a positive or a negative sign on the balances recorded on each synthetic account at the time of drawing up the interim accounts. The value of the balance sheet items in all columns shall be reported on the balance sheet date according to the balances recorded on the individual synthetic accounts of the positive-sign indicative account schedule, with the exception of the synthetic accounts 227, 401, 404, 405, 406, 407, 408 and synthetic accounts of groups 43 and 49, which shall be recorded either with a positive or a negative sign. At the time of drawing up the interim accounts or on the balance sheet date, the synthetic accounts are 248, 336, 337, 338, 341, 342, 343, 355, 375, 475 and 363 for comparing the balances of MY DAYS and DAL parties, and the resulting difference shall be:

(a) to the assets positively if the balance of the synthetic account is on MY DATE;

(b) to the liabilities positively if the balance of the synthetic account is on the DAL side.

(9) The positive balance of the synthetic account 222 is reported with a negative sign under "C.IV.1. Receipt account of the state's organisational units'.

(10) The balance sheet items "TOTAL ASSETS" in column Netto and "TOTAL LIABILITIES" must be equal.

§ 5

Profit and loss account

(1) The profit and loss account shall include cost and income items and economic results. Annex 2 to this Decree sets out the layout and labelling of the items of the profit and loss account including the calculation of the sum and difference items and its basic binding model and the binding templates for:

(a) the organisational elements of the State;

(b) local authorities and municipalities;

(c) contribution organisations;

(d) State funds.

(2) The profit and loss account shall show the final balances of the synthetic cost and income accounts and the pre-tax result and the profit or loss of the entity's current financial year at the time of drawing up the interim accounts or on the balance sheet date, in the state of:

(a) current accounting years in two columns

1. for the main activity of the entity; and

2. for the economic activity of the entity,

(b) the last financial year in two columns

1. for the main activity of the entity; and

2. for the entity's economic activity.

(3) The principal activity for the purposes of this decree is all activities for which an entity has been set up by another law, instrument of incorporation or other document.

(4) For the purposes of this Decree, economic activity shall mean activities provided for by another legislation or activities provided for by the founder in the instrument of incorporation, such as activities ancillary, ancillary, business or other activities.

(5) The value of the items of the profit and loss account shall be reported on the basis of the final balances recorded on individual synthetic accounts either with a positive or a negative sign.

(6) Value of item "C.1. The pre-tax result" is reported with a positive sign if the value of item "B. TOTAL revenue" is greater than the sum of items "A.I. Operating costs," "A.II. Financial costs," "A.II. Transfer costs" and "A.IV. Cost of shared taxes and charges." Item value "C.1. The pre-tax result" shall be reported with a negative sign if the value of item "B. TOTAL COST 'is less than the sum of items" A.I. Operating costs', "A.II. Financial costs'," A.II. Transfer costs' and "A.IV. Cost of shared taxes and charges'.

(7) Value of item "C.2. The profit or loss of the current accounting year" shall be reported with a positive sign if the value of item "B. TOTAL COST 'is greater than that of item" A. TOTAL COSTS'. Item value "C.2. The result of the current accounting year" is reported with a negative sign if the value of item "B. TOTAL COSTS" is less than the value of item "A. TOTAL COSTS."

(8) Item "C.2. The profit and loss account for the current financial year 'shall be equal to item" C.III.1. Result of the current accounting year' shown in the balance sheet.

§ 6

Overview of cash flows

(1) An overview of cash flows is a breakdown of the selected asset and liability items and provides information on the gains and losses in cash over the current financial year. The layout and labelling of the cash flow overview items and its binding template are set out in Annex 3 to this Decree.

(2) For each item on the cash flow overview, information on its status shall be provided at the balance sheet date of the current accounting year.

§ 7

Overview of changes in equity

An overview of changes in equity is a breakdown of the item "C. Own capital" of the balance sheet and gives information on the arrangement of items that express their change over the current financial year. The organisation and labelling of the items of the inventory of changes in equity and its binding model are set out in Annex 4 to this Decree.

§ 8

Annex

The Annex explains and complements the information contained in the other parts of the accounts. The layout and labelling of the items of the Annex are provided for in Section 45 and the mandatory table part of the Annex is set out in Annex 5 to this Decree.

§ 9

Accounting to a simplified extent

(1) Contribution organisations which keep accounts to a simplified extent,

(a) they do not measure assets and liabilities at fair value under Paragraph 27 of the Act; and

(b) they shall not apply the provisions of paragraphs 59 to 64 to the extent that they regulate the valuation of assets and liabilities at fair value.

(2) Contributing organisations which keep accounts to a simplified extent and whose establishment is a local authority or a community union do not compile an overview of the cash flows and an overview of changes in equity.

§ 10

Other accounting rules

(1) Unless otherwise provided for by the relevant provision of this Order, the content of the individual items of the accounts is based on the name of the item, its systematic classification in the relevant part of the accounts and, where appropriate, the usual use of the relevant synthetic account.

(2) If the term "other" is used, the item contains stocks and turnover of relevant accounts that are not specified or that are not specified by the entity in the same capital letters of the Latin alphabet and the same Roman figure (group of items) with lower Arabic numerals and associated item title.

(3) If the term "Other 'is used, the item includes stocks and turnover of relevant accounts that are not specified or that are not specified by the entity in any of the items identified by the same capital letter of the Latin alphabet and the same Roman figure (group of items). It also contains accounting cases which are classified information or information under another legislature10, except for classified information which cannot be shown in the financial statements due to their content. In the case of classified information that cannot be shown in the financial statements due to its content, the entity does not provide explanatory and supplementary information in the Annex.

HLAVA II

DETERMINATION OF CERTAIN BALANCE SHEET ITEMS

§ 11

Long-term intangible assets

(1) The item "A.I. Long-term intangible assets" contains in particular intangible research and development results, software, database and valuable rights with a useful period of more than one year, for which the valuation exceeds CZK 60,000. This item also includes emission allowances and preferential limits. The period of application shall be the period during which the property is usable for current or retaining activities or may serve as a basis or part of improved or other processes and solutions, including the period of verification of intangible results.

(2) In addition, a technical evaluation of the long-term intangible assets, the valuation of which exceeds CZK 60,000, shall be regarded as long-term intangible assets, subject to compliance with the conditions set out in paragraph 1, for which the acquirer of the right of use in respect of the long-term intangible assets, which he does not charge as assets, or a technical evaluation of small fixed assets, is entitled to be charged and amortised.

(3) In accordance with paragraph 1:

(a) intangible results of research and development and software such as results and software that are either generated by their own trading activities or acquired from other persons;

(b) valuable rights, in particular industrial and similar property items, the results of intellectual creative activity and law under other legislation11) under the conditions laid down in (a);

(c) emission allowances for greenhouse gas emission allowances, emission reduction units and verified emission reductions from project activities and the unit allocated to the quantity (12) regardless of the valuation level;

(d) preferential limits, in particular individual production quotas (13), individual premium rights limit (13), irrespective of the amount of the valuation, for the first holder (13), only if the cost of obtaining information on their valuation of the replacement purchase price would not exceed its significance.

(4) Cases arising from the acquisition of long-term intangible assets, in particular prototypes, models and samples, if they are not excluded, for example as a result of sale or liquidation, shall be entered in the relevant asset account in the event of further use in their own business. In the case of a variant procedure for the acquisition of long-term intangible assets or part thereof, all variable solutions are included in the valuation of long-term intangible assets.

(5) Long-term intangible property shall become acquired property at the time when it becomes fit for use, which means the completion of the acquired property and the fulfilment of the specified functions and obligations laid down by the legislation on its use. The same procedure shall apply in the case of a technical evaluation. This provision shall not apply to small fixed assets.

(6) Item

(a) "A.I.5. Small long-term intangible property" contains the property set out in paragraph 1, whose useful life is longer than one year and the valuation is in the amount of CZK 7,000 and higher and does not exceed CZK 60,000. An entity may decide by internal regulation to reduce the lower bound,

(b) "A.I.6. Other intangible fixed assets" includes assets that do not contain items of intangible fixed assets A.I.1. to A.I.5. regardless of the amount of the valuation, and a technical evaluation of the fixed intangible assets not reported under "A.I.1. Intangible R & D results" to "A.I.3. Valuable Rights,"

(c) "A.I.7. Uncompleted long-term intangible assets' include, in particular, purchased long-term intangible assets while they are being acquired into a state of eligible use,

(d) "A.I.9." Long-term intangible assets for sale 'contains long-term intangible assets measured at fair value under Paragraph 27 (1) (h) of the Act.

(7) If the conditions set out in paragraphs 2 and 5 are met, the entity shall state the technical assessment in the relevant asset item. If the conditions set out in paragraphs 2 and 5 are not met, the entity shall indicate the amount of such performance in the relevant cost item. If there is a presumption that the conditions in paragraphs 2 and 5 are met in subsequent financial years, the entity shall provide a technical assessment under item "A.I.7. Uncompleted long-term intangible assets'.

(8) Long-term intangible assets are not, in particular, expert opinions, market surveys, development plans, proposals for promotion and advertising actions, certification of the quality system 14) and software for managing technologies or equipment that cannot function without this software. In addition, an entity may decide not to charge for technical audit15) and energy audit16), forest plane17), plans for 18) and flood plans19) as long-term intangible assets.

§ 12

Long-term intangible property rights

(1) Unless otherwise specified, the items in "Long-term intangible property rights' reflect the projection of the valuation of the long-term intangible property during the use of that property by the entity, thus reducing the valuation of that intangible property up to its valuation in accounting.

(2) The items "Long-term intangible property rights" are created by entities in accordance with Paragraph 66.

(3) Item

(a) "Intangible R & D results" shall include an expression of the entity's use of R & D results during the period of use and shall be shown on the balance sheet for item "A.I.1. Intangible R & D results' in the column" Correction ',

(b) "Software rights" shall include the expression of the use of the software by the entity during its use and shall be shown in the balance sheet for item "A.I.2. Software" in the column "Correction";

(c) "Valuable rights certificates" shall include an expression of the entity's use of valuable rights during the period of use and shall be shown in the balance sheet for item "A.I.3. Valuable rights" in the column "Correction";

(d) "Small-time intangible assets" shall contain a simplified statement of the entity's use of small-time intangible assets and shall be recorded on the balance sheet for item "A.I.5. Short-term intangible assets' in the column" Correction ',

(e) "Rights to other fixed intangible assets" shall include the expression of the use of other fixed intangible assets by the entity during the period of its use and shall be shown on the balance sheet for item "A.I.6. Other fixed assets" in the column "Correction."

§ 13

Adjustments to fixed assets

Adjustments to long-term intangible assets are shown in the balance sheet in the column "Correction 'for the relevant item of long-term intangible assets.

§ 14

Long-term tangible assets

(1) The item "A.II.1. Land" contains land irrespective of the amount of the valuation, if they are not stocks. This item does not contain parts of land which are amortised and are recognised as assets or parts thereof under the headings "A.II.3. Construction," "A.II.5. Cultivation units of permanent crops," "A.II.7. Other fixed assets" referred to in paragraph 7 (d).

(2) The heading "A.II.2. Cultural objects" includes, regardless of the amount of the award, in particular the movable cultural monuments, collections of a museum character, objects of cultural value, works of art and similar objects, including sets of such property. Does not contain property under "A.II.3. Construction '," A.II.4. Separate tangible movable goods and sets of tangible movable goods', "A.II.6. Small fixed assets'," B.I.7. Acquisition of goods', "B.I.8. Goods in stock '," B.I.9. Goods on the way "and" B.I.10. Other supplies. "

(3) The heading "A.II.3. Construction" includes regardless of the amount of the valuation and the period of application

(a) construction 20) including buildings, mining works and mining structures under the surface, water works and other construction works under other legislation15);

(b) opening of new quarries, sandstone and clay,

(c) technical reclamation;

(d) apartments and non-residential premises defined as units; in the case of common parts of real estate, paragraph 1 shall apply mutatis mutandis;

(e) cultural monuments,

f) technical evaluation of the buildings mentioned in Section 28 (5) of the Act, whose valuation of one item exceeds CZK 40 000,

(g) technical evaluation of the real-estate cultural monument and church buildings valued under § 25 (1) (k) of the Act;

(h) the right of construction if it is not a stock.

(4) Item "A.II.4. Separate tangible movable goods and sets of tangible movable goods" contains separate tangible movable goods and sets of property, which are characterised by separate technical and economic determination, for which the useful life is more than one year and the valuation of a separate material movable item or set of assets according to § 71 exceeds 40 000 CZK, and articles of precious metals, unless they are objects of cultural value or cultural monuments.

(5) The entry "A.II.5. Cultivation units of permanent crops" contains:

(a) fruit trees and fruit shrubs planted on a continuous parcel of more than 0,25 hectares in a density of at least 90 trees or 1000 shrubs per hectare;

(b) permanent crops of vineyards and hops without supporting structures.

(6) Item "A.II.6. Small long-term tangible assets" contain tangible movable goods, or sets of assets, which are characterised by a separate technical-economic designation, for which the useful life is more than one year and the valuation of one item is in the amount of CZK 3,000 and higher and does not exceed CZK 40,000. An entity may decide by internal regulation to reduce the specified lower limit. Small, long-term tangible assets are always considered

(a) articles of precious metal, if they are not long-term property as referred to in paragraph 4, irrespective of the cost;

(b) goods acquired in the form of financial leasing or free of charge, for which the valuation according to § 25 of the Act does not exceed CZK 40,000,

(c) material burdens on land and construction, except for the right of use, unless they are recognised as part of the valuation of item "A.II.3. Construction" or as part of the valuation under item "B.I. Stocks" for which the valuation does not exceed CZK 40,000.

(7) Heading "A.II.7. Other fixed assets" includes in particular:

(a) adult animals, irrespective of the level of evaluation, with the exception of animals in zoos, service dogs and service horses;

(b) deposits of unreserved mineral or parts thereof purchased or acquired by a deposit as part of the land after 1 January 1997 to the extent defined by the geological survey and subject to the conditions laid down in Paragraph 66 (2), irrespective of the amount of the valuation;

(c) technical evaluation of the long-term tangible property not declared under "A.II.2. Cultural objects" to "A.II.5. Cultivation units of permanent crops,"

(d) material burdens on land and construction, except for the right of use, unless they are reported as part of the valuation of item "A.II.3. Construction" or as part of the valuation under item "B.I. Stocks," not reported under item "A.II.6. Small fixed assets'.

(8) Heading "A.II.8. Uncompleted tangible fixed assets" shall include in particular acquired tangible fixed assets for the duration of their acquisition until they are put into a state of use.

(9) The technical evaluation of the long-term tangible property or small-term tangible property, the valuation of which exceeds CZK 40,000, is also considered to be long-term tangible property.

(10) Heading "A.II.10" Long-term tangible assets for sale 'contains long-term tangible assets measured at fair value under Paragraph 27 (1) (h) of the Act.

(11) If the conditions set out in paragraphs 9 and 12 are met, the entity shall state the technical assessment under the relevant asset item. If the conditions set out in paragraphs 9 and 12 are not met, the entity shall state the amount of such performance in the relevant cost item. If there is a presumption that the conditions in paragraphs 9 and 12 are met in subsequent financial years, the entity shall provide a technical assessment under item "A.II.8. Uncompleted fixed assets'.

(12) Long-term tangible property becomes acquired goods at the time when they are put into a state of use, which means, in particular, the completion of the case and the fulfilment of technical functions and obligations laid down by other legislation23) for use (fitness to operate). The same procedure shall apply in the case of a technical evaluation. This provision shall not apply to small fixed assets.

§ 15

Long-term tangible property rights

(1) Unless otherwise specified, the items in "Long-term tangible property rights" express the projection of the valuation of the fixed tangible property during the use of such assets by the entity, which reduces the valuation of such tangible property up to the amount of its valuation in accounting.

(2) The items "Long-term physical property rights" are created by entities in accordance with Paragraph 66.

(3) Item

(a) "Building rights" shall include the statement of the entity's use of the structures during the period of use and shall be shown in the balance sheet for item "A.II.3. Construction" in the column "Correction";

(b) "Authorisations for separate tangible movable goods and sets of tangible movable goods" shall include an expression of the use of separate tangible movable goods and sets of tangible movable goods by the entity during the period of use and shall be shown on the balance sheet for item "A.II.4. Separate tangible movable goods and sets of tangible movable goods' in the column" Correction ',

(c) "Perennial crop production rights" shall include the expression of the use of permanent crops by the entity during the period of use and shall be shown on the balance sheet for item "A.II.5. Cultivation units of permanent crops' in the column" Correction ',

(d) "Small-scale tangible assets" shall contain a simplified statement of the entity's use of small-scale tangible assets and shall be shown in the balance sheet for item "A.II.6. Small fixed assets' in the column" Correction ',

(e) "Rights to other tangible fixed assets" shall include an expression of the use of other tangible fixed assets by the entity during the period of its use and shall be shown on the balance sheet for item "A.II.7. Other fixed assets" in the column "Correction."

§ 16

Adjustments to fixed assets

The adjustments to fixed tangible assets are shown in the balance sheet under the column "Correction 'for the relevant item of fixed tangible assets.

§ 17

Long term financial assets

(1) Item

(a) "A.III.1. Participating interests in persons having a decisive influence" shall include equity interests in persons having a decisive influence (24) that an entity has designated to hold and exercise property rights;

(b) "A.III.2. Participating interests in significant influences' includes equity interests in materialinfluences25) which an entity has designated to hold and exercise property rights,

(c) "A.III.3. Debt securities held-to-maturity 'includes, in particular, bonds and other debt securities for which an entity intends to hold them to maturity,

(d) "A.III.5. Fixed-term deposits' include in particular fixed-term deposits with banks with a maturity of more than one year, deposit certificates and deposit certificates,

(e) "A.III.6. Other long-term financial assets" includes other long-term financial assets that do not include items A.III.1. to A.III.5.

(2) Item "A.III.7. The purchased long-term financial assets" include long-term financial assets during the acquisition.

§ 18

Fixed-term financial assets

(1) Fixed-term financial assets are shown in the balance sheet in the column "Correction" for the relevant item of long-term financial assets.

(2) The adjustment is not made under "A.III.5. Fixed-term deposits."

§ 19

Long-term receivables

Item

(a) "A.IV.1. The long-term repayable financial assistance provided" contains repayable financial assistance with a maturity of more than one year,

(b) "A.IV.2. Long-term loan claims" includes loans with a maturity of more than one year,

(c) "A.IV.3. Long-term advances' shall include advances and debts to be settled in more than one year,

(d) "A.IV.4. Long-term guarantee claims' shall include claims on the debtor for repayment of assets after the guarantee has been realised with a maturity of more than one year for the organisational units of the State and the local authorities;

(e) "A.IV.5. Other long-term receivables" includes claims with a maturity of more than one year that do not include items A.IV.1. to A.IV.4.

§ 20

Stocks

(1) The item "B.I. Stocks" contains material until consumption, such as material in stock, acquisition of material, material on the way, unfinished production, own production semi-finished products, other stocks, goods in stock, acquisition of goods and goods on the way.

(2) The material belongs in particular to:

(a) raw materials which, in whole or in part, pass into and form the essence of the product during the production process;

Citation	Decree No. 410 / 2009 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for certain selected entities
Regulation Type	Order
Author	-
Collection	Code of Laws

Date of Promulgation	25.11.2009
Effective from	01.01.2010
Effective until	-
Status	Valid

Decree No. 410 / 2009 Coll.

Decree implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for certain selected entities

Contents