Taxpayers should apply to bankers to open an account after tax registration. Persons conducting banking operations shall mean credit and electronic money organizations with the right to open and maintain bank and other payment accounts, as well as the national operator of postal communications. After the application, bankers open accounts for taxpayers. Later opened...
The field of accounting is a very necessary and extensive field in the modern world. People who want to become an accountant in this field should also acquire the characteristics of this profession, learn and develop the knowledge and skills required by the field. The main work of accountants is the management of financial information and their correct processing, the delivery of this information to the right people and institutions at the right time and in the right way...
"What is an LLC and how is it established?" If you are interested in such questions, you are at the right address. In this article, we have tried to explain the whole process in a consistent manner. What is an LLC? Limited Liability Company (LLC) is a form of company that operates as a legal entity and whose authorized capital is divided into a certain number of shares. The main advantage of the LLC is that its participants (founders) are not responsible for the company's debts with their personal property; they are...
Financial accountability is one of the main conditions for businesses to be successful. Accurate and transparent financial reporting allows for accurate analysis of past activities and more accurate next steps based on these analyses. Transparent and well-prepared financial statements also attract more attention from investors, lenders and other stakeholders. Accurate display of income and expenses parties...
How useful is the use of accounting services to entrepreneurs? Why should companies use this service? What does accounting generally bring to entrepreneurs? In this article, we will talk about the benefits that we consider the most important. 1. Checking and Evaluating Business Financial Health Cash flow management: In order to properly assess the financial health of businesses, companies use financial procedures - the process of recording income and expenses...
Seizure of documents and items such as samples is allowed during mobile tax inspection and operational tax control. When a mobile tax inspection is conducted, if additional time is required to study the documents and items that are the subject of the inspection and are submitted for tax calculation, if violations of the legislation are identified in those documents, or if these violations are related to items...
Financial statements of public legal entities are drawn up in accordance with International Financial Reporting Standards (IFRS). Accounting is carried out in accordance with these standards according to the accounting rules approved by the relevant executive authority. The Management Board of the Central Bank of the Republic of Azerbaijan determines the rules of accounting in the central bank of the Republic of Azerbaijan. How are financial statements prepared? By the state and municipality...
Accounting is one of the important factors that ensure the planning of financial management of businesses and the healthy growth of companies. Accounting errors can lead to serious financial losses for companies. It can also cause problems when solving legal issues. Taking these into account, companies must ensure that accounting processes are carried out correctly. In order to timely prevent the errors that will occur in these processes, some...
The right of employees to leave and the rules of its use are regulated by the Labor Code and cannot be limited. Employees have the right to vacation regardless of their profession, the duration of the employment contract and working conditions. Also, employees who work overtime on a substitute basis have the right to use the types of leave defined by the Labor Code. Legal guarantees of employees when using leave Employees...
Read this article to get detailed information about the employment contract and its content, parties, form and duration of the contract. Labor contract and its parties Labor contract is a written contract concluded between an employee and an employer on an individual basis and reflects the rights and duties of the parties and the basic conditions of labor relations. By concluding a written employment contract with the employer individually, the employee is...
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