Chief accountants, as well as other persons entrusted with the duties of accounting, may have the authority to impose certain requirements on other employees.
The State Duma is considering a package of amendments to the Law of December 6, 2011 No. 422-ФЗ “On Accounting”, prepared by the Ministry of Finance of the Russian Federation. One of the significant changes can be the legislative empowerment of chief accountants with the right to issue binding orders for all employees, which relate to documenting the facts of economic life, the provision of primary documents, as well as other documents and information required for accounting purposes.
In addition, if the statements were prepared in electronic form, the bill obliges the enterprise to ensure that it is possible to obtain a copy of the statements in paper form.