The Rules On Political Organizations (Parties) Associations Annual Reports

Original Language Title: Noteikumi par politisko organizāciju (partiju) un to apvienību gada pārskatiem

Read the untranslated law here: https://www.vestnesis.lv/ta/id/91251

Cabinet of Ministers Regulations No. 591 in Riga on 13 July 2004 (pr. No 42 19. §) rules on political organizations (parties) associations annual reports Issued in accordance with the law "on accounting" in article 13, paragraph 4, of the fourth part of the i. General questions 1. determines the political organizations (parties) associations (hereinafter referred to as a political organization (party)) annual report structure, scope and content, as well as the preparation, testing and submission procedures. 2. for each financial year a political organisation (party) should prepare a report consisting of the balance sheet, statement of revenue and expenditure, cash flow statement and report (annual report). 3. The annual report to provide a clear picture of the political organizations (parties) funds, their sources and financial position on the last day of the reporting period (hereinafter referred to as at the balance sheet date), as well as its economic transactions, revenue and expenditure statement of the year. 4. the annual report of the Republic of Latvia to use currency — lats. The annual report shall be prepared in the national language. 5. Balance sheet, revenue and expenditure account and the cash flow statement is prepared on the basis of these rules 1, 2 and 3 of the annex and subject to the following conditions: 5.1 items reflect individually in the order specified in the scheme;
5.2. the scheme with Arabic numerals designated items can be divided into further details or add new items if such adjustment leads to greater clarity;
5.3. each item indicates the relevant previous year data. If these data are not comparable, it explains the message;
5.4. headings indicate the respective totals. If you need the details of the total ingredients for further distribution includes the message;
5.5. the roles of figures based on the entries in the source documents, the accounting records and summaries, as well as to review the closing inventory results. II. Balance sheet preparation 6. Balance is a financial statement that shows the political organizations (parties) and their source of funds balances at the balance sheet date. Features indicate active balance, but their sources — the balance sheet liabilities. The balance sheet total assets must equal the total liabilities of the balance sheet. 7. balance sheet assets indicate the political organizations (parties) being re-classified, gift (donation), inheritance or otherwise obtained long-term investments and a float. 8. the long-term investment funds considered long use (longer than one year) or invested in durable property. Other features are current assets. 9. The item "intangible investment" indicates the computer software and other intangible assets residual value. 10. The item "real estate" (if present) specifies the initial value of the land, as well as buildings, structures and the proportion of the residual value of the plantations. 11. Under "other assets" and the rest of the vehicle indicate the residual value of the fixed asset. 12. Intangible assets and fixed assets residual value is calculated from their original values minus all value write-downs, also the reporting year and prior years posted annual intangible impairment of investments and asset depreciation amounts. 13. Intangible assets and fixed assets, the original value shall be determined on the basis of: 13.1. the amount of money that paid for them, if they are bought or created;
13.2. the revenue posting amount if they have received the gift (donation), inherited or acquired in any other way. 14. Intangible assets and fixed assets that were actually obtained in the calendar years, but for which the original value at the time was not set, the initial value can be determined during the reporting period. 15. The rules referred to in point 14 of intangible investments and fixed assets original value using one of the following grounds: 15.1 an amount of money, what about the intangible investments or assets were paid their acquisition or creation time;
15.2. the amount that was posted to the revenue, receiving relevant intangible fixed assets investment or gift (donation), inheritance or winning the other way;

15.3. a similar intangible investment or asset current market price. 16. Annual intangible assets impairment of fixed assets and depreciation amount calculation, usually evenly distributed over the years valid disposal during use, which usually corresponds to the intangible investments or asset tracking unit to the initial value. Intangible investment or asset tracking units valid life years down the political organizations (parties) or the management authority (hereinafter management). 17. The item "shares" refers to political organizations (parties) investments in share capital of a capital company, based on the amount of money paid or, if made, the respective investment property investment assessment. Gifts (donations) received shares are shown in the balance sheet on the basis of the amount of money posted revenue. In exceptional cases, when the shares or stock or market price is considerably lower than the initial revenue posted value shown in the balance sheet these shares or parts of the Exchange or market price. The difference is scrapped. 18. Stocks and securities shown in the balance sheet on the basis of the amount of money that paid for them, if they are bought, or revenue posted the amount of money if they are received in donations (donations), heritage or in any other way. In exceptional cases, if the stock or the stock market or stock exchange price is significantly lower than the original book value shown in the balance sheet of a lower value. The difference is scrapped. 19. The item "accounts receivable" indicates the amount of money that political organization (the lot) is entitled to receive from the other person. If customer debt payable in foreign currency, the amount of the balance sheet conversion in lats in accordance with the Bank of Latvia, the foreign exchange rate at the balance sheet date. After the foreign currency payable in the accounts receivable balance recalculation for the assessment of an increase in local currency (hereinafter referred to as the positive difference) are recorded in revenue, but the reduction in LCY of the evaluation (hereinafter referred to as the negative difference) are written off. 20. The item "cash" refers to political organizations (parties) that the amount of cash and bank accounts into existing non-cash amount. If the Treasury or bank account is the money in foreign currency, the conversion in lats in accordance with the Bank of Latvia, the foreign exchange rate at the balance sheet date. After the foreign currency balance recalculation for the positive difference recorded in the revenue, but the negative difference is scrapped. 21. The balance sheet liabilities indicates political organizations (parties) funds, as well as long-term and short-term Payables. On short-term creditor debts considered them debts payable within one year of the balance sheet date. Debts payable later than one year after the balance sheet date are considered long-term Payables. 22. If the creditor debt payable in foreign currency, the amount of the balance sheet conversion in lats in accordance with the Bank of Latvia, the foreign exchange rate at the balance sheet date. After the foreign currency payable accounts payable balance recalculation for the positive difference in post editions, but negative margins — revenue. 23. the political organization of the (party) can build one for unlimited use of the Fund, the reserve fund or based on political organizations (parties) statutes or management decisions, this Fund to reallocate funds intended for restricted use: mērķfondo and inspection, in order to give a clear picture of the Fund or to meet donor conditions. Inspection is usually attributed to political organizations (parties) long-term investments. 24. the excess of revenue over expenditure, which also included tax and social payments, including the reserve fund. 25. the excess of expenses over revenue written off from the reserve fund to balance. With the reserve fund does not cover the expenditure amounts indicate the balance sheet item "Reserve Fund" as a negative number. 26. political organizations (parties) means and obligations relating to restricted funds accounting for analytical accounting registers record and accounted for separately. 27. income derived from the restricted fund for long term investments held or working capital sales or liquidation, as well as liabilities, the analytical accounting records as the Fund balance. Expenses and losses resulting from restricted funds provided for use or this fund long term investments held or working capital write-down, their sale or liquidation, as well as liabilities, the analytical accounting records entered as reduction of the balance of the Fund. 28. the heading "taxes and State social security payments" indicate political organizations (parties) total commitments to the State budget and municipal budgets of payable taxes and duties, as well as the State social insurance compulsory contributions. 29. The item "other creditors" indicate political organizations (parties) liabilities to other persons for goods received and services rendered, as well as obligations to employees about their accounts with credit institutions not ieskaitītaj or political organizations (parties) that are not paid wages, remuneration or other payments. III. Preparing the statement of revenue and expenditure of 30. the revenue and expenditure statement is a financial statement that shows the political organizations (parties) revenue, expenses, and the difference in the reporting period. The revenue and expenditure account shall cover all revenue. This report includes all costs (payments), with the exception of: 30.1. of movable and immovable property acquisition expenses, payments related to the acquisition of fixed assets, (construction) or the preparation of a proposed action, software, other intangible investments, equity interests, shares and other securities, as well as the purchase of stocks;
30.2. advance payments;

30.3. long-term and short-term Payables. 31. Revenues and expenses in foreign currency income and expenditure report indicates LCY according to recalculated the Latvian Bank by the foreign exchange rate of the receipt of the revenue or expenditure. 32. The item "members and accession money" indicates the year the earned (political organizations (parties) or bank account that paid) membership fees and joining the cash. 33. The item "received donations (donations)" indicates the year of the report received financial donations (donations), movable or immovable assets (property) donations (donations), as well as a gift (donation) received services. Financial donations (donations) assess, on the basis of political organizations (parties) or bank account and deposit the amount of money taken. Property of donations (donations) and gift (donation) received services valued in cash based on the gift (donation) making documents. 34. The item "the legacy" indicates the year of reference received in the form of inheritance money, movable and immovable property. Treasury heritage is assessed on the basis of political organizations (parties) or bank account in the amount of money paid. Legacy of movable or immovable assets valued in cash based on the acceptance of the inheritance documents. 35. The item "receivables from operating activities" indicates dividends received from investments in a corporation. This item shall also indicate the amount that has been calculated from the reporting year received in the sale of goods or the provision of services revenues, if any, less trade discounts and other discounts granted and this revenue reducing buyer claims the amount, if any, as well as the value added tax and other taxes directly linked to the sale if they are included in the total amount of revenue. The total amount of revenue also includes revenue that it up to the balance sheet date has not yet been paid. 36. The item "other revenues" indicates the cash proceeds received from insurance reimbursement, compensation, fixed assets, other long-term investment or working capital cash sales and other income from financing sources, which are not prohibited by the laws. This item shall also be payable in foreign currency receivable balance, and the balance of foreign currency conversion for the positive difference, as well as in foreign currency payable accounts payable balance recalculation for negative margin. 37. The item "expenses" total, but with Arabic numerals outlined items by separate types of expenditure specified political organizations (parties) expenses in the reporting year. Expenditure items also include such expenses up to the balance sheet date has not yet been paid. Payments made for the purchase of movable and immovable property, including the use of publications under the (stocks) or a calculated depreciation and impairment (fixed assets and intangible investments). 38. The item "salary and other payments to individuals": 38.1. accounting year calculated salary, compensation or other remuneration for comparable payment amount before tax or other statutory deduction of payments (hereinafter referred to as the gross amount);
38.2. the accounting year calculated State social insurance compulsory contribution amounts, calculated the payments provided for in the law, employees disability cases, the gross amount of cash contributions to private pension funds, and other employee social insurance-related payments;
38.3. other payments to individuals who are not made in connection with the charity events and gifts (donations). 39. The item "expenses in relation to printed matter" indicates expenses incurred in issuing the newspaper, magazines, newsletters, books and other printed matter. 40. The item "expenditures" indicates the year of reference, being re-classified consumed by donations (donations) received the materials, goods and other items. They are assessed on the basis of the amount of money that paid for them, but for the gift (donation), inheritance or otherwise received items are assessed based on the amount that has been posted in revenue. In exceptional cases, where the type of inventory balances in previous years have been rated lower than the original book value, they are assessed on the basis of the reference year in existing accounts. 41. The item "fixed assets and intangible assets depreciation and amortization" indicates the year of reference calculated political organizations (parties) owned the asset depreciation amount, as well as intangible assets impairment amount. 42. The item "other expenses": 42.1. property insurance and expenses or losses incurred after fixed assets and other long-term investments or liquidation;
26.2. the foreign currency payable in the accounts receivable balance, and the balance of foreign currency conversion for negative differences, as well as in foreign currency payable accounts payable balance recalculation for the positive difference. In exceptional cases, if the balance of the securities at the end of the accounting year rated lower than the original book value, this item indicates the editions called the difference;

26.3. other expenses, including the costs of stationery, legal services and illegally reimbursed donations received, penalties and other charges. 43. the revenue and expenditure account of the tax items, by type of tax reporting year indicate the estimated amount of tax payments. 44. The item "difference of revenue and expenditure" indicates the year excess of revenue over expenditure as a positive number or the excess of expenses over revenue, as a negative number. IV. Cash flow statement preparation 45. Cash flow statement is a financial statement that shows the political organizations (parties) cash receipts, expenses and balances for the reference year. 46. the revenues and expenses in foreign currency cash flow statement indicates LCY according to recalculated the Latvian Bank by the foreign exchange rate for the transaction date. 47. The item "cash payments in the context of movable and immovable property acquisition" indicates the payments related to the acquisition of fixed assets, (construction) or the preparation of a proposed action, software, other intangible investments, equity interests, shares and other securities, as well as the purchase of stocks. 48. The item "salary and other cash payments to physical persons" does not include payments to physical persons charity events, paying benefits and making donations (donations). 49. The item "cash expenditure in relation to printed matter" indicates the cash expenses incurred in issuing the newspaper, magazines, newsletters, books and other printed matter. 50. The item "other expense" indicates the cash expenses related to long-term and short-term creditors debt (including State and local government budget on taxes), advance payments and other cash expenses. 51. If at the end of the year is the cash balance in foreign currencies, the conversion in lats in accordance with the Bank of Latvia, the foreign exchange rate at the balance sheet date. After the foreign currency balance recalculation difference indicates the item "foreign exchange rate fluctuations." V. report 52. Report indicates General information on political organizations (parties) and provide clarification on certain balance sheet, statement of revenue and expenditure items and financial transactions, as well as provide other information that the content and scope of the established political organisations (parties). 53. General information on political organizations (parties) contained the following information: 53.1. the name and registered office;
53.2. number and date of registration;
53.3. details of political organisations (parties) leadership: leaders or members of the management organ of first and last name, as well as the date of the post. 54. Clarifications on certain balance sheet, statement of revenue and expenditure items and economic transactions of the following be provided: 54.1. This provision as referred to in point 14 intangible investments and fixed assets original value of description;
54.2. information on funds: 54.2.1. the accounting year balance at the beginning and the end;
54.2.2. increase of funds in total in the year and by their formation sources — from the revenue and expenditure account shall calculate the difference between the revenue and expenditure of the funds redistributed or from other sources;
54.2.3. reduction in funds in the reporting year and the total breakdown of the reallocation to other directions — funds, funds of funds held or their values;
54.3. information on taxes and duties: 54.3.1. accounting year and paid the tax by the amount of the levy of taxes and levies;
54.3.2. received tax benefits and allowances granted for each tax separately, indicating the documents, confirming the right to such incentives and discounts;
54.3.3. data on tax charges, which have not yet fallen due on overdue tax payments and the related increase in principal sum, the delay and the amount of the fine, as well as other parts of the State budget or local budgets paid amounts by type of tax, the above data matching with the tax administration;
54.4. detailed information on all the essential obligations which are not included in the balance sheet;
54.5. details of them received gifts (donations) political organizations (parties) Act article 2 for the purposes of the second paragraph, which are not included in the balance sheet, statement of revenue and expenditure, as well as the cash flow statement;
54.6. where political organizations (parties) leadership has received salary or remuneration for certain types of expenditure, salary or remuneration amount and an explanation of what type of expenditure reimbursed;

54.7. under the employment contracts of the employees employed average number per year and their total salaries, as well as other information. Vi. examination of the annual report and submission of 55. political organizations (parties) annual report before submitting check the audit authority and certified auditor. 56. the annual reporting to the regulatory laws and established political organizations (parties) not later than two months after the end of the reporting year one copy of the annual report shall be submitted to the corruption prevention and combating Bureau. Not later than three months after the end of the reporting year political organization (party) shall submit (by post or by courier) to the State revenue service territorial institution (by the political organizations (parties) legal address) a copy of the annual report approved by the political organizations (parties). That document may be submitted electronically and attach written proof about its conformity with the original document. VII. final question 57. the term "Corporation" shall be understood in these terms the company and a company, but the term "dividend" — all the way to the annual income from long-term financial investments. 58. Pursuant to these provisions shall prepare and submit to the political organizations (parties) annual reports for 2004 and subsequent years. Balance sheet, statement of revenue and expenditure, as well as the cash flow statement for the year for each item only the data of the reference year. 59. the reserve fund in 2004 also included in previous reporting years, actually received the gift (donation), inheritance, property or revenue of the total value of the balance in accordance with the posted in 2004 and the balance in the asset donations (donations), inheritance, property or revenue balance value. Prime Minister i. Emsis Finance Minister o. Spurdziņš annex 1: Cabinet of Ministers on 13 July 2004 the Regulation No 591 active balance sheet fixed assets i. intangible assets.
Ii. Fixed Assets.
1. Real Estate.
2. Other fixed assets.
III. Long-term financial investments.
1. Shares.
Current assets i. inventories.
1. materials.
2. the goods.
II. Customers.
Iii. Securities.
Iv. Money.
Passive I..
1. the Inspection.
2. Mērķfond.
3. Reserve Fund.
II. Long-term creditors.
III. Short-term creditors.
1. taxes and State social security payments.
2. Other creditors. Minister of finance Spurdziņš o. Annex 2 Cabinet on 13 July 2004 the Regulation No 591 statement of revenue and expenditure of the scheme member and I joined.
II. The gifts (donations).
III. The received legacy.
IV. income from economic activity.
V. other revenue.
Vi. Total revenue.
Vii. Costs.
1. Space rental and services related to the rental of premises.
2. other real or movable property rental.
3. Communication and internet services.
4. Transport services.
5. Advertising services.
6. Other services.
7. Salary and other payments to individuals.
8. Expenditure related to printed matter.
9. Expenditure related to public events.
10. Expenditure related to charitable events, donations (donations).
11. material expenses.
12. Fixed assets and intangible assets depreciation and amortization.
13. Other expenditure.
Viii. Duties.
IX. Total expenditure.
X. the difference between revenue and expenditure. Finance Minister o. Spurdziņš annex 3 of the Cabinet of Ministers on 13 July 2004 the Regulation No 591 cash flow statement i. cash balance at the beginning of the year.
II. Cash proceeds from membership fees and joining the cash.
III. the Gift (donation) cash received.
IV. cash in the form of Succession.
V. cash receipts from operating activities.
Vi. Cash proceeds from investments Corporation.
VII. Other cash receipts.
VIII. Cash receipts together.
IX. Cash payments for services.
1. Space rental and services related to the rental of premises.
2. other real or movable property rental.
3. Communication and internet services.
4. Transport services.
5. Advertising services.
6. Other services.
X. cash payments associated with of movable and immovable property acquisition.
XI. Wages and salaries and other cash payments to individuals.
XII. Cash expenses in relation to printed matter.
XIII. the expenditure related to public events.
XIV. Cash expenses related to the Organization of charity donations (donations).
XV. the expenditure related to illegal donations received.
XVI. other cash expenses.
XVII. the total expenditure.
XVIII. foreign exchange rate fluctuations.
XIX. the cash balance at the end of the year. Minister of finance Spurdziņš o.