Accounting
Legal stages of accounting
Accounting is one of the key functions of every enterprise. The legal aspects of this process include:
- Legal advice on accounting
- Company registration: To start any activity, it is necessary to register a business entity (sole proprietorship, LLC, etc.). This involves obtaining the status of a legal entity or an individual entrepreneur.
- Choosing a taxation system: The enterprise chooses a general or simplified taxation system depending on the type of activity, income and other factors.
- Registration with the tax service: After registration, it is important to register with the relevant regulatory authorities.
- Formation of primary documents: Legally correct preparation of primary documentation (invoices, certificates of work performed, invoices).
- Submission of reports: Timely preparation and submission of declarations, balance sheets and other forms of reporting within the established deadlines.
Terms of service provision
Legal assistance on the topic of accounting can be provided if the following conditions are met:
- Appropriate registration of the enterprise or individual entrepreneur.
- Providing access to primary documents: All documents related to financial transactions must be provided to the accountant or consultant.
- Clear agreements on the scope of work: Agreement on the scope of services to be provided (full support or only reporting).
- Signing the contract: Formalization of relations between the customer and the service provider through the conclusion of a contract.
Conditions under which services cannot be provided
In some cases, providing accounting services may not be possible. Among them:
- Lack of legal registration of activities: If the enterprise or individual entrepreneur is not properly registered.
- Unreliability or absence of primary documents: Inability to prepare reports without real data.
- Non-fulfillment of contractual terms by the customer: For example, delay in providing the necessary information.
- Violation of legislation: In case of detection of signs of fictitious transactions or other illegal actions.
How to figure it out yourself
Independent accounting is possible if:
- You are familiar with with legislation in the field of accounting. Find out the current list of documents for maintaining accounting records.
- Use modern software solutions such as 1C, M.E.Doc or similar.
- Regularly monitor changes in tax legislation.
- Have access to basic courses or consultations for beginners.
Independent work requires discipline, attention and time, so it is not always the best choice.
Frequently asked questions
- How to find a lawyer on the topic of maintaining accounting records? It is recommended to pay attention to the specialization of the lawyer, his experience and client reviews. It is also worth asking for recommendations from familiar entrepreneurs or accountants. Another option is to contact local associations of lawyers or accountants. You can arrange a consultation in advance to assess the competence of the lawyer.
- What documents are needed for accounting? To maintain accounting, you need the constituent documents of the enterprise, for example, the charter or the agreement of foundation. You must also provide a certificate of registration, an extract from the Unified State Register of Enterprises, an identification code. Documents confirming transactions, such as invoices, bank statements, etc., are required. Orders on the appointment of an accountant or a responsible person will also be required. Additionally, contracts with counterparties and tax returns may be required.
- How long does it take to prepare documents for accounting? The time to prepare documents depends on the volume of operations and accounting organization. For a small business, it can take from a few a few days to a week. In more complex cases, such as an audit or creating reports from scratch, it may take several weeks. Timely accounting and process automation significantly reduce this period. If the documentation is not in order, its preparation may be delayed due to the need to correct errors.
- How much does legal advice on accounting costs? The cost of legal advice depends on the region, the complexity of the request and the experience of the lawyer.
- How much does accounting cost? The price depends on the scale of the business, the number of transactions and the amount of work required.
What does the cost of a lawyer's services depend on?
Accounting Ukraine 2024. Compliance with legal regulations, cooperation with professionals or independent organization of this process - the choice depends on your needs and capabilities. The cost of accounting depends on the following factors:
- Scope of work: Full business support costs more than a one-time reporting.
- Complexity of operations: The more complex financial transactions, the higher the price.
- Taxation system: Accounting on a common system requires more effort.
- Level of experience of the accountant or company: Professional services are more expensive, but more reliable.
- Urgency: If urgent assistance is needed, the cost may increase.
