FAS 4/2023 "Accounting (financial) statements": new requirements

Reporting is the main source of information; it is on its basis that the entire activity of the enterprise is analyzed and important management decisions are made. From 2025, the new standard FAS 4/2023 “Accounting (financial) reporting” will be put into effect, which will introduce certain innovations into the reporting rules for various types of organizations (different forms of ownership), which creates an objective need to study new requirements. The article examines the new reporting rules, lists the basic requirements for current reporting forms and the composition of the explanations, and provides detailed explanations regarding the renaming of lines in the reporting. In conclusion, recommendations are given for adapting corporate documentation to the new standard.