Methodical aspects of accounting formation of financial results of commercial organizations

Resume: The article is devoted to the methodology for the formation and accounting of financial results from ordinary and other activities. The author notes the financial result from ordinary activities as the most important component, it is he who shows the results of the enterprise, with the help of it a decision is made whether to carry out this activity in the future. Sub-accounts for accounting financial results and accounting records for their closure are presented. The procedure for the formation and accounting of the final financial result from the activities of the organization for the reporting year is disclosed. The reformation of the balance sheet and the reflection of profit in the balance sheet are considered.