Order no. 58/2021 of the Minister of Finance on the main aspects related to the preparation and submission of annual financial statements and annual accounting reports of economic operators to the territorial units of the Ministry of Finance, as well as for regulating accounting issues, was published in the Official Gazette no.66 of January 21, 2021, with the following provisions:
– issues related to the preparation and submission of the annual financial statements for the financial year 2020, respectively the annual accounting reports prepared by economic operators for December 31, 2020, as well as information related to their submission to the territorial units of the line ministry, according to accounting regulations applicable, respectively the Accounting Regulations regarding the individual annual financial statements and the consolidated annual financial statements, approved by Ordinance of the Finance Ministry (OMFP )no. 1,802 / 2014, with subsequent amendments and completions, or the Accounting Regulations compliant with the International Financial Reporting Standards, approved by OMFP no. 2,844 / 2016, with subsequent amendments and completions.
– the elimination from the chart of accounts of the accounting accounts regarding the broken down payment of VAT, because they no longer justified their retention, as a result of the elimination of this procedure by Government Emergency Ordinance no. 78/2019 on amending normative acts and establishing measures in the field agriculture, as well as for the approval of some fiscal-budgetary measures, by which the Government Ordinance no. 23/2017 regarding the broken down payment of VAT.
– the correlation of some provisions included in the accounting regulations applicable to the economic operators, the Ministry of Finance emphasizes through the Approval Report, that the provision in question concerns the reserves established according to the law. Thus, in the context of their accounting, it is proposed that the provisions contained in the accounting regulations approved by OMFP no. 1,802 / 2014, at the function of account 106 “Reserves”, to be similar to those corresponding to the same element, found in the function of account 129 “Profit distribution”.