Decree No. 549 / 2004 Coll.
Decree amending Decree No. 505 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are local authorities, contributory organisations, state funds and organisational elements of the State, as amended by Decree No. 477 / 2003 Coll.
Valid
Order
Effective from 01.01.2005
Text versions:
01.01.2005
29.10.2004
549
DECLARATION
of 18 October 2004
amending Decree No 505 / 2002 Coll., implementing certain provisions of Act No 563 / 1991 Coll., on Accounting, as amended, for entities which are local authorities, contributory organisations, state funds and organisational elements of the State, as amended by Decree No 477 / 2003 Coll.
According to Section 37b of Act No. 563 / 1991 Coll., on Accounting, as amended, ("the Act '), the Ministry of Finance provides for the implementation of Sections 4 (8), 24 (4) and (5) and 28 (1):
Decree No. 505 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are local authorities, contributory organisations, state funds and organisational elements of the State, as amended by Decree No. 477 / 2003 Coll., is amended as follows:
1. In footnote 2, the words "Section 9 of Act No. 128 / 2000 Coll., as amended, 'are replaced by the words" Section 35a of Act No. 128 / 2000 Coll., as amended'.
2. In Article 5 (2), the words "as at 30 June, 6) 'are replaced by the words" at the time of drawing up the interim accounts 5), 6)' and the words "under Article 19 of the Act 'are deleted.
3. Paragraph 6 (1) reads as follows:
"(1) The profit and loss account shall show the final balances of the synthetic cost and income accounts and the result of the pre-tax and post-tax management of the entity at the time of drawing up the interim financial statements (5), (6) or on the balance sheet date. ';
4. In Article 24 (3), the words "as at 30 June 'are replaced by the words" at the time of drawing up the interim accounts'.
5. In Article 34, the following paragraph 9 is added:
"(9) If, on the date on which the accounts are drawn up, the contribution organisation fails to provide financing, with the exception of interim financial statements, to cover the investment fund or the reproduction fund, it shall, on the one hand, reduce that difference by the investment fund or the reproduction fund. The entities in the notes to the financial statements shall justify why the investment fund or the property reproduction fund could not be covered by funds. ';
6. In Annex No 3, the words "I. Items 1 to 19 shall be reported on 30 June or on the balance sheet date in the arrangement: 'are replaced by the words" I. Items 1 to 19, 50 and 51 shall be reported at the time of drawing up the interim accounts or on the balance sheet date in the arrangement:' and the words "II. Items 20 to 49 shall be reported on 1 January and 30 June or on the balance sheet date in the arrangement: 'shall be replaced by' II. Items 20 to 49, 52, 53 and 54 shall be reported on 1 January and at the time of drawing up the interim accounts or on the balance sheet date in the arrangement: ';
Transitional provisions
Paragraph 34 (9) of Decree No. 505 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are local authorities, contributory organisations, state funds and organisational elements of the State, as amended by Decree No. 477 / 2003 Coll., as effective from the date of entry into force of the Decree, the entities will already apply the accounting statements for the financial years started in 2004.
Efficacy
This Decree shall take effect on 1 January 2005.
Minister:
Sobotka v. r.
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Regulation Information
| Citation | Decree No. 549 / 2004 Coll., amending Decree No. 505 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are territorial entities, contributory organisations, state funds and organisational components of the State, as amended by Decree No. 477 / 2003 Coll. |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 29.10.2004 |
|---|---|
| Effective from | 01.01.2005 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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