Features of financial investments of the organization, their accounting and audit

The article discusses the importance of competent accounting and auditing of financial investments of an enterprise. It is established that accounting for financial investments will be carried out only if a number of conditions are met. First, you must provide formally executed and signed documents. And the second condition is that financial investments are required to bring economic benefits to the organization. It is concluded that as part of checking the correctness of accounting, it is necessary to check compliance with tax laws and maintaining a reserve account for the depreciation of financial investments, as well as a complete and correct reflection of income from financial investments.