Chief Accountants will be given new powers


A draft law has been submitted to the State Duma for consideration, which will oblige all employees to comply with accounting requirements.

Source: Bill No. 620132-7

So, the law on accounting proposes to prescribe that all employees of an economic entity are required to comply with the requirements of the chief accountant for the design and provision of primary funds.

If the chief accountant is not in the company, then the employees will have to implicitly follow the established procedure for documenting the facts of economic life in accordance with the requirements of the official who is entrusted with bookkeeping, or of a person with whom an agreement has been concluded on rendering accounting services.

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