Financial investments"

58.1 - "Shares and shares";

58.2 - "Debt securities";

58.3 - "Granted loans";

58.4 - "Contributions under a simple partnership agreement", etc.

SHARE - a share of the capital of the company, which gives the right to participate in general meetings shareholders, to receive a dividend and a part of the company's property in the event of its liquidation. P. is expressed in a certain document - a certificate, to which coupons for receiving dividends are attached.

SHARES - securities issued by a joint-stock company, the owners of which are granted all property and personal rights associated with the possession of a share: a) the right to receive dividends, depending on the size of the corporation's profit; b) the right to participate in the management of the corporation by voting at meetings; c) the right to receive part of the property after the liquidation of the corporation. The rights are exercised in the amount proportional to the size of the shares.

D 58 K 51 - reflected the appearance of the object financial investments(when transferring or paying for this object from a current account);

D 58 K 76 - the occurrence of debts to counterparties is reflected (if payment for financial investment objects is made later than obtaining ownership rights to them, for example, in the case of securities).

D 91 K 58- reflects the negative difference between the purchased and face value(or between the nominal and purchase value) of purchased debt securities.

On account 58, investments are accounted for actual cost(in the amount of costs incurred for their acquisition).

Financial investments are the second in terms of liquidity after Money at the cash desk and on current accounts.

Account 59 "Reserves for the depreciation of financial investments" is intended to summarize information on the availability and movement of reserves for the depreciation of financial investments of the organization.

The reserve is formed at the expense of financial results (as part of operating expenses), which is reflected accounting entry on the debit of account 91 “Other income and expenses” and on the credit of account 59 “Provisions for depreciation of financial investments”. A similar entry is made with an increase in reserves in the event of a further decrease in the estimated value of financial investments.

The reserve is reduced (used) in the following cases: if the estimated value of the relevant assets in reporting period increased if their value is no longer subject to a sustained significant decline, as well as when these assets are disposed of. At the same time, an entry is made in the debit of account 59 “Provisions for depreciation of financial investments” in correspondence with the credit of account 91 “Other income and expenses”.

In the financial statements, financial investments for which an allowance for impairment has been created are reflected at book value minus the amount of the reserve. In the balance sheet-net, when reflected in the asset, the difference between 58 and 59 accounts is reflected. Those. there is no account in the liabilities side of the balance sheet 59!

Reserve for depreciation of financial investments” (passive, contractive to account 58).

If we have a large number of shares of one company, and its shares have fallen sharply in price, we cannot reflect these changes in account 58, because. this will lead to misrepresentation of the financial statements.

The allowance for depreciation of financial investments is created by the following entry:

D 91.2 K 59

D 59 K 91.2 - reserve amount restored

As soon as the financial investments are retired, the corresponding amounts of the reserve are written off to the other income of the enterprise (91.1).

Regulatory regulation bills of exchange are accounted for by the "Regulations on promissory and transfer bills" dated August 7, 1937.

When bills are purchased, they are accounted for at actual cost on account 58, and disposal is reflected through account 91.

D 60 K 91- We pay by promissory note with the supplier.

If we purchased a bill of exchange with a face value of 1000 rubles, and with a discount it actually passed to us for 900 rubles, then we will reflect the purchase price in accounting - 900 rubles.

When this bill is retired, we will make the following postings:

D 60, 76 K 91.1 1000

D91.2 K 58 900

A credit balance of 100 rubles is formed, income tax is paid from them.

If we provide a loan, then we make the posting:

D 58 K 51

If our main activity is the purchase and sale of financial investments, then income and expenses are charged to account 90, otherwise - to account 91.

When transferring shares, bills, i.e. when they are disposed of and sold, the posting is made:

D 90.1, 91.2 K 58

Wiring is not allowed: D 60 K 58

D 76 K 91.1- reflects the interest accrued on loans;

If a loan is granted to an employee, then interest will be accrued to account 73.

D 73 K 91.1

If we have accrued dividends on the objects of any financial investments, then we will reflect their receipt by posting:

D 51 K 91.1

58.4 - "Contributions under a simple partnership agreement"(joint activity of enterprises, which is conducted on the accounting records of one of the enterprises);

When depositing assets, account 58 is used.

Under a simple partnership agreement, funds were deposited from the current account:

D 58 K 51

The following materials have been introduced under the simple partnership agreement:

D 58 K 10

And if we bring them at a higher price, then the transfer of materials will have to be reflected in this way.

Account 58 in the financial statements is indicated by the balance line “Financial investments” and shows the transactions with the movement of investments (investments) of the controlled enterprise in securities (hereinafter referred to as the Central Bank), shares and bonds of other organizations, fixed capital of enterprises, and especially the cost of loans that were provided to other companies.

1. Transactions executed according to all requirements with documents that can confirm the right to the opportunity to invest assets, as well as receive income from them, in the form of cash.
2. The ability of the organization to assume a certain group of risks;
3. The ability of the enterprise to receive economic benefits (ie, the amount of interest, dividends, value appreciation).

Respectively, in simple terms it can be clarified that the financial investment section shows the participation of a certain enterprise in the financial transactions of another entity economic activity.

The legislative framework

The legality of all financial transactions that a business entity conducts is regulated by government regulations, orders, recommendations and guidelines about accounting. The balance line "Financial investments" is legally provided for:

For accurate and legal financial investment, the organization must should take into account all the necessary standards provided for in the bills. Regulatory regulation in this system consists of several levels.

The highest is the Decree of the President of the Russian Federation, and the lowest is the instructions and regulations of the enterprise itself in accordance with the industry focus and the amount of profit received.

Typical debit and credit correspondence

Based standard plan organization is being analytical analysis. For full view financial position enterprise analysis reflects short-term and long-term cash contributions. Financial investments correspond with the following balance sheet accounts of the enterprise.

In relation to debit:

• 50 – Treasury;
• 51 – Nominal accounts;
• 52 – Monetary Account Standards;
• 75 – Settlement with the founders of the enterprise;
• 76 – Settlement with debtors and creditors;
• 80
• 91 – Other income and expenses;
• 98 - Revenue of the future periods.

In relation to credit:

• 51 – Settlement accounts;
• 52 – Monetary Account Standards;
• 76 – Settlement with debtors and creditors;
• 80 – The property fund of the enterprise;
• 90 - Revenue from sales;
• 91 – Other income and expenses;
• 99 - P & L.

For the effective operation of the company, it is necessary to combine all corresponding accounts with high quality and correctly. This will help to control and analyze the profit or loss from financial investments, and, accordingly, will show the feasibility and payback of such investments.

A typical opening of sub-accounts on account 58 is:

• 58-1 : Shares and shares;
• 58-2 : Debt securities;
• 58-3 : Loans granted;
• 58-4 : Contributions under a simple partnership agreement.

If the price of securities at their acquisition compensates for the nominal one, then in the financial transactions certain entry. The debit reflects the total income from investments in the Central Bank, and the credit reflects the difference in amounts between settlements with debtors and creditors and investments.

Loans are reflected in the collateral of bills, so this stage of postings pass apart. Funds that are transferred for use to third parties are reflected in the debit, and when these funds are returned, an entry is made in the reverse order.

The operation of issuing a deposit to an individual or legal entity is carried out on a debit basis, respectively, when it is reimbursed under an agreement, a reverse entry is made in the balance sheet. Directly from what operation was put into action, account 58 is reflected either active or passive.

Keeping records that provide full visibility into short-term and long-term assets is called analytics. The excess of the exchange rate over the face value is agio, decrease - disaggio. The excess in the balance sheet is not fixed, and the decrease is reflected in account 59, which shows the depreciation reserves of the Central Bank.

The participation of the enterprise in other firms is reflected in the balance sheet as value for investment and transfer. Often this activity is expressed by the acquisition of shares in other companies. Such investments are reflected in the balance line "Financial investment within the purchase price".

The concept of the current rate in asset items reflects the price at which stocks and bonds can be fixed at the moment. The course often fluctuates, so it is carried out numerous revaluations. Here, the shares should be taken into account at their actual price, but if the current rate decreases, the amount of the difference should be written off as a loss.

The amount of the actual value of the Central Bank is shown in sub-account 58-1 and is calculated as the amount of money invested in shares and bonds. Correspondence between capital and the Central Bank absent so inventory is more difficult.

The par value is included in the asset according to these indicators. It is much more convenient to carry out an inventory, since the amount and balance of the face value are equated. The only downside to this operation is discrepancy between actual and nominal price.

Sub-account 58-1 displays shares and shares, in fact, denoting the ability of the head of an enterprise controlled by him to invest in the authorized capital of a commercial company, i.e. buy their shares. At the legislative level, such a procedure can be carried out when:

1. Transfer of funds for acquisition valuable papers this company.
2. Transfer of material and intangible assets.
3. Contribution of monetary value to the capital of a third-party organization.

When conducting such operations on the balance sheet of the company, the sub-account undergoes a reformation of its characteristics. These procedures may be called:

1. Tangible accounts that are transferred to another company.
2. Accounts reflecting monetary investments are determined by the Chart of Accounts and the ability of responsible persons to produce liquidity of securities.
3. A current account involves the transfer and receipt of capital from one enterprise to another.

Based on PBU 19/02, financial investments in the balance sheet are reflected in long-term and short-term storage. Information about the storage of loans is located in section 5.

The report fully reflects the movement of the cash fund to receive interest and dividends from the investment procedure, as well as the allocation of cash to pay interest on purchased securities. Detailed information on the accrual of dividends and interest appear on the income statement.

Methods for reflecting investments in accounting are determined by the assessment and analysis of cash investments when they are disposed of by types and methods of analyzing economic activity.

Posting examples

For accurate financial transactions, all factors of production and industry affiliation of the enterprise, as well as the actual and nominal value of the securities, should be taken into account.

In order to purchase shares, you must wiring:

• Dt 58-1 Kt 76(Acquisition of the Central Bank);
• Dt 91-2 Kt 76(Accounting for the amount of the commission in other expenses);
• Dt 76 Kt 51(Accrual of the value of shares, taking into account the commission of the intermediary).

To conduct a securities revaluation operation: Dt 51-1 Kt 91-1(Revaluation of shares according to market value).

To carry out the sale of securities:

• Dt 58-1 Kt 76(value expression of the share under the contract);
• Dt 76 Kt 51(Accrual of the share price);
• Dt 91 Kt 59(Definition of a reserve);
• Dt 91 Kt 58-1(Balance value of the Central Bank);
• Dt 62 Kt 91(Cost of shares in the agreement);
• Dt 59 Kt 91(Increase in share price at the expense of the reserve);
• Dt 51 Kt 62(Crediting funds for sold shares);
• Dt 91 Ct 99(Revenue from sales).

Thus, it can be determined that a business entity invests in other third party companies for the purpose of making a profit. Accounting for all parameters is carried out on the basis of PBU 19/02.

Investments in the evaluation are recorded according to original cost. This cost depends on the order of acquisition of investments and receipts. The initial value of securities may change during their revaluation and differ from the amount of the initial deposit.

Fulfilling the requirements regulatory framework, the evaluation of financial investments can be made when they are disposed of. Adhering to the procedure for conducting an accounting audit, there is several ways to reflect financial contributions by type, such as investments in shares and bonds, investments in the authorized capital of a third party, investments under a partnership agreement, loans and advances to other companies.

By order of the head of the enterprise, within the time period established by him, it is mandatory to carry out account inventory 58(Financial investments). The result of the inventory is displayed in writing in financial accounting and accounting audit.

Account 58 "Financial investments" reflects information on the presence and movement of investments of the organization in government securities, shares, bonds and other securities of other organizations, authorized capitals other organizations, as well as loans granted to other organizations.

To account 58 "Financial investments" sub-accounts can be opened:

58-01 "Shares"; 58-

02 "Shares"; 58-

03 "Bonds"; 58-

04 "Promissory notes"; 58-

05 "Granted loans"; 58-

06 "Contributions under a simple partnership agreement"; 58-

07 "Deposits"; 58-

09 "Other"; 58-

10 "Expenses for the implementation of financial investments".

Financial investments are accepted to accounting in the amount of actual costs for the investor. The actual costs of acquiring securities can be: -

amounts paid in accordance with the contract to the seller; -

amounts paid to specialized organizations and other persons for information and consulting services related to the acquisition of securities; -

remuneration paid to intermediary organizations with the participation of which the securities were acquired; -

expenses on paying interest on borrowed funds used to purchase securities prior to their acceptance for accounting; -

other expenses directly related to the acquisition of securities.

The amount of actual expenses for financial investments of the organization is reflected in the debit of sub-account 58-10 "Costs for making financial investments" in correspondence with accounts that take into account the values ​​to be transferred on account of these investments, and is debited from the credit of this sub-account to the debit of the corresponding sub-accounts of account 58 "Financial investments".

On sub-accounts 58-01 "Shares" and 58-02 "Shares", investments in shares are taken into account joint-stock companies, authorized capitals of other organizations established in the country and abroad.

The amount of funds in the amount according to the constituent documents, transferred to the authorized (share) capital of the organization, is included in the debit of subaccounts 58-01 "Shares", 58-02 "Shares" in correspondence with the credit of subaccount 50-01 "Cash of the organization", accounts 51 "Settlement accounts", 52 "Currency accounts".

On the debit of subaccounts 58-01 "Shares", and 58-02 "Shares" in correspondence with the credit of accounts: 01 "Fixed assets", 04 "Intangible assets", 10 "Materials", 41 "Goods", 43 " Finished products" reflects the transfer of the organization's property to the authorized capital. At the same time, the difference between the assessment of the contribution reflected in subaccounts 58-01 "Shares" and 58-02 "Shares" and the value of the transferred property is reflected in credit (as operating income) or debit (as operating expense) account 91 "Other income and expenses".

On the credit of sub-accounts 58-01 "Shares" and 58-02 "Shares" in correspondence with accounts: 01 "Fixed assets", 04 "Intangible assets", 10 "Materials", 41 "Goods", 43 "Finished products", 50 "Cashier", 51 "Settlement accounts", 52 "Currency accounts" reflects the operations of returning to the participant (founder) of his contribution to the authorized capital of the organization in the event of its liquidation or withdrawal of the organization-contributor from the participants (founders) in the form of cash, fixed assets, intangible assets, production stocks, goods etc.

When shares are purchased on the secondary securities market, the formation of the value of shares of other organizations is reflected in the debit of sub-account 58-02 "Shares" and the credit of account 76 "Settlements with various debtors and creditors".

When shares of other organizations are sold, their value recorded on subaccount 58-02 "Shares" is written off to the debit of subaccount 91-02 "Other expenses".

Analytical accounting of investments in the authorized capitals of other organizations is carried out for each organization.

Sub-account 58-03 "Bonds" takes into account the presence and movement of investments in public and private debt securities.

The purchase of bonds is reflected in the debit of sub-account 58-03 "Bonds" and the credit of account 51 "Settlement accounts".

When purchasing bonds on the secondary securities market, their value is W.W.W...I.n.e.t.L.i.b:Ru. -

includes part of the interest (income) accrued by the seller since his last payment.

When acquiring debt securities for which the current market value is not determined, at a price lower or higher than their face value, the difference between the sum of the actual acquisition costs and the face value may be evenly attributed to financial results during the period of their circulation as the income due on them accrues. The procedure for bringing debt securities purchased at a price different from their face value during the circulation period must be provided for in accounting policy organizations.

When writing off the excess of the purchase value of the bonds acquired by the organization over their nominal value, entries are made on the debit of account 76 "Settlements with various debtors and creditors" and the credit of subaccount 58-03 "Bonds" (for a part of the difference between the purchase and nominal value, subject to equal write-off in the maturity of the bonds); the debit of account 76 "Settlements with different debtors and creditors" and the credit of account 91 "Other income and expenses" (for the difference between the amount of income due on bonds and part of the difference between the purchase and face value of bonds).

When additionally accruing the amount of excess of the nominal value of the bonds acquired by the organization over their purchase value, entries are made on the debit of account 76 "Settlements with various debtors and creditors" and the credit of account 91 "Other income and expenses" (for the amount of income due on securities); the debit of sub-account 58-03 "Bonds" and the credit of account 91 "Other income and expenses" (for the part of the difference between the purchase and face value, subject to even write-off during the period of circulation of bonds).

The receipt of income on securities to the settlement account is reflected in the debit of account 51 "Settlement accounts" and the credit of account 76 "Settlements with various debtors and creditors".

Redemption (repurchase) and sale of securities recorded on sub-account 58-03 "Bonds" are reflected in the debit of sub-account 91-02 "Other expenses" and the credit of sub-account 58-03 "Bonds" (except for organizations that reflect these operations on account 90 "Sales").

Sub-account 58-04 "Promissory notes" reflects the presence and movement of financial bills.

Financial bills represent investments of the organization for the purpose of generating income. Financial bills are accepted for accounting in the amount of actual costs for the investor. Income on a financial bill is formed at the time of its sale or presentation for payment. The date of the turnover on a financial bill is the day of its transfer to a new owner (date of endorsement) or the date of its presentation (date of acceptance).

When promissory notes are retired before maturity, interest-bearing financial bills are repaid, discount financial bills are redeemed, a third party bill is transferred as payment to a supplier or other creditor, the balance sheet value of a financial bill is debited from the credit of subaccount 58-04 "Promissory notes" to the debit of subaccount 91-02 "Other expenses ".

A bill not paid on time is subject to protest. To make a protest, the holder of the bill shall present the unpaid bill to the notary at the location of the payer. The notary draws up an act of protest and makes a corresponding mark on the bill. Registration of a protest on a financial bill for the amount of the face value is reflected in the accounting for the debit of account 76 "Settlements with various debtors and creditors", subaccount 25 "Settlements on claims" and the credit of subaccount 58-04 "Promissory notes".

Bills of exchange can be pledged to secure a loan. Promissory notes transferred to the bank as security for a loan or for collection continue to be listed in the accounting records of the organization holding the bill on sub-account 58-04 "Promissory notes" with an indication in the analytical accounting of the bank to which they were pledged. In case of non-repayment of the loan, the bank retains the promissory note that is secured by the loan, and the book value of the retired promissory note is debited from the credit of subaccount 5804 "Promissory notes" to the debit of subaccount 91-02 "Other expenses".

Sub-account 58-05 "Granted loans" takes into account the movement of legal and individuals(except for employees of the organization) cash and other loans (including under a commercial loan agreement). Loans provided by the organization to legal entities and individuals (except employees of the organization) secured by bills of exchange are accounted separately on this sub-account.

Granted loans are reflected in the debit of sub-account 58-05 "Granted loans" in correspondence with account 51 "Settlement accounts" or other relevant accounts.

Under a commercial loan agreement, the organization provides a deferral of payment of funds for goods sold, work performed, services rendered. Sum accounts receivable organizations for goods sold, work performed, services rendered is reflected in the debit of account 62 "Settlements with buyers and customers" or account 76 "Settlements with various debtors and creditors". The provision of a commercial loan is reflected in the debit of sub-account 58 5

"Granted loans" in correspondence with account 62 "Settlements with buyers and customers" or account 76 "Settlements with various debtors and creditors".

The repayment of a loan (including that provided under a commercial loan agreement) is reflected in the debit of account 51 "Settlement accounts" or other relevant accounts and the credit of subaccount 58-05 "Granted loans".

On subaccount 58-06 "Contributions under a simple partnership agreement", the partner organization takes into account the presence and movement of contributions to common property under a simple partnership agreement.

The provision of a contribution is reflected in the debit of sub-account 58-06 "Contributions under a simple partnership agreement" in correspondence with account 51 "Settlement accounts" and other relevant accounts for accounting for allocated property. Upon termination of a simple partnership agreement, the return of property is reflected in the credit of subaccount 58-06 "Contributions under a simple partnership agreement" in correspondence with property accounts.

Sub-account 58-07 "Deposit deposits" takes into account the movement of funds invested by the organization in bank and other deposits.

The transfer of funds to deposits is reflected by the organization in the debit of subaccount 58-07 "Deposit deposits" in correspondence with account 51 "Settlement accounts" or account 52 "Currency accounts". Upon return credit institution the amount of deposits in the organization's accounting records are reversed. The accrual of interest on deposits is reflected in the debit of sub-account 58-07 "Deposit deposits" and the credit of account 91 "Other income and expenses".

Analytical accounting for sub-account 58-07 "Deposit deposits" is carried out for each deposit.

Sub-account 58-09 "Other" is intended to summarize information on the availability and movement of other types of financial investments.

Sub-account 58-10 "Expenses for making financial investments" is intended to summarize information about the costs incurred by the organization for making financial investments. After the formation of the initial cost of financial investments is completed, they are accepted for accounting on the corresponding sub-accounts of account 58 "Financial investments".

Analytical accounting on account 58 "Financial investments" is kept by types of financial investments and objects in which these investments are made (organizations selling securities; other organizations in which the organization is a member; borrowing organizations, etc.). Building analytical accounting should provide the possibility of obtaining data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, on the activities of which a consolidated financial statements, is maintained on account 58 "Financial investments" separately.

Table 5.6.

Account 58 "Financial investments" corresponds with accounts By debit By credit 50 "Cashier" 51 "Settlement accounts" 51 "Settlement accounts" 52 "Currency accounts" 52 "Currency accounts" 76 "Settlements with different debtors and creditors" 75 "Settlements with founders" 80 "Authorized capital" 7 6 "Settlements with various debtors and creditors" 90 "Sales" 80 "Authorized capital" 91 "Other income and expenses" 91 "Other income and expenses" 99 "Profits and losses" 98 "Future income" periods"

58 "Financial investments" is used by legal entities to display information about the organization's invested funds in securities (stocks, bonds, etc.), shares in the authorized capital of other companies (including interdependent ones), as well as to summarize information about loans provided.

Account 58 in accounting is a collective account that reflects data on the invested assets of an enterprise in securities (state and private), authorized capitals of other companies, loans to individuals and legal entities (with the exception of employees of the company).

Sub-accounts are additionally opened to account 58:

58.1 - information is summarized on the purchased shares of JSC, shares in the authorized capital of other companies

58.2 - displays information about investments in public or private debt securities (bonds, etc.);

Sch.58 - active. The debit displays investments of finance in securities in correspondence with the corresponding accounts of the accounting of values ​​transferred to the account of investments (for example, money from account 50,51,52). Repayment or sale is carried out in accounting according to Kt58 in correspondence with account. 91 (90).

Investments in securities, the current value of which is determined, are subject to monthly or quarterly revaluation in order to include the assets in the annual financial statements. The amount of the adjustment is charged to the financial results of the company (91.01, 91.02)

For debt securities not traded on the market, the difference between the initial price and the nominal price is applied to the financial results of the organization's activities evenly over the period of their circulation and income generation.

58.3 - mutual settlements are displayed for the loan amounts submitted by legal entities and individuals. The exception is loans issued to employees of the enterprise.

Dt58 contains information about the loans provided (with partial or full repayment the amount is taken into account in Kt58).

58.4 - information on the presence of a share in the common property of a simple partnership is taken into account.

Analytical monitoring of financial investments is carried out by objects of deposits (company's counterparties - issuers, organizations, the share in the authorized capital of which belongs to the company and borrowers), as well as separately by type of investment.

Attention!

Investments in related companies are shown separately on account 58

Regulatory regulation

Using account 58 to record information on investing funds legal entities into securities, authorized capitals of third-party enterprises, the provision of loans is carried out in accordance with the Chart of Accounts (Order of the Ministry of Finance dated October 31, 2000 No. 94), PBU 19/02 and other legislative documents.

Common business transactions, accounting entries

1. Display of financial investments made

   Dt58.01,58.02 Kt50 - in cash;

   Dt58.01,58.02 Kt51 - through the current account

   Dt58.01,58.02 Kt52 - through a foreign currency account

   Dt58.01,58.02 Kt76 - purchase of shares and bonds from various creditors

2. Providing borrowed money(excluding company employees)
3. Free receipt of shares and bonds
4. Return of loans
5. Disposal of shares, bonds

   Dt90.02 Kt58.01,58.02 - for those organizations whose main activity is the sale of securities

   Dt91.02 Kt58.01,58.02 - for other companies

6. Cost Adjustment

   Dt58 Kt91 - revaluation, increase in book value

   Dt91.02 Kt58 - markdown, decrease in book value

Viktor Stepanov, 2017-03-17

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Related reference materials

To account 58 "Financial investments" sub-accounts can be opened:

58-1 "Shares and shares";

58-2 "Debt securities";

58-3 "Granted loans";

58-4 "Contributions under a simple partnership agreement", etc.

Sub-account 58-1 "Shares and shares" takes into account the presence and movement of investments in shares of joint-stock companies, authorized (reserve) capitals of other organizations, etc.

Sub-account 58-2 "Debt securities" takes into account the presence and movement of investments in public and private debt securities (bonds, etc.).

Financial investments made by the organization are reflected in the debit of account 58 "Financial investments" and the credit of the accounts, which take into account the values ​​to be transferred on account of these investments.

For example, the acquisition by an organization of securities of other organizations for a fee is carried out on the debit of account 58 “Financial investments” and the credit of account 51 “Settlement accounts” or 52 “Currency accounts”.

For debt securities for which the current market value is not determined, the organization is allowed to attribute the difference between the initial cost and the nominal value during the period of their circulation evenly, in proportion to the income due on them in accordance with the terms of the issue, to be attributed to financial results commercial organization or a decrease or increase in the expenses of the non-profit organization.

Sub-account 58-3 “Granted loans” takes into account the movement of cash and other loans provided by the organization to legal and natural (except employees of the organization) persons. Loans provided by the organization to legal entities and individuals (except employees of the organization) secured by bills of exchange are accounted separately on this sub-account.

On subaccount 58-4 “Contributions under a simple partnership agreement”, the partner organization takes into account the presence and movement of contributions to common property under a simple partnership agreement.

Analytical accounting on account 58 "Financial investments" is carried out by types of financial investments and objects in which these investments are made (organizations selling securities; other organizations in which the organization is a member; organizations-borrowers, etc.). The construction of analytical accounting should provide the possibility of obtaining data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, on the activities of which consolidated financial statements are compiled, is kept on account 58 “Financial investments” separately.

Account 58 "Financial investments" corresponds with the accounts:

Account 58 "Financial investments"

Account 58 "Financial investments" is intended to summarize information on the presence and movement of investments of the organization in government securities, shares, bonds and other securities of other organizations, authorized (share) capital of other organizations, as well as loans granted to other organizations.

To account 58 "Financial investments" sub-accounts can be opened:

• 58.1 Units and Shares- the presence and movement of investments in shares of joint-stock companies, authorized (share) capitals of other organizations, etc. are taken into account.
• 58.2 "Debt securities"- the presence and movement of investments in public and private debt securities (bonds, etc.) are taken into account.
  Financial investments made by the organization are reflected in the debit of account 58 "Financial investments" and the credit of the accounts, which take into account the values ​​to be transferred on account of these investments. For example, the acquisition by an organization of securities of other organizations for a fee is carried out on the debit of account 58 “Financial investments” and the credit of account 51 “Settlement accounts” or 52 “Currency accounts”.
  For debt securities for which the current market value is not determined, the organization is allowed to attribute the difference between the initial cost and the nominal value during the period of their circulation evenly, in proportion to the income due on them in accordance with the terms of issue, to attribute to the financial results of a commercial organization either a decrease or increase in expenses of a non-profit organization.
  When writing off the amount of excess of the purchase value of bonds and other debt securities acquired by the organization over their nominal value, entries are made in the debit of the account (for the amount of income due on securities) and the credit of accounts 58 “Financial investments” (for part of the difference between the purchase and nominal value) and 91 “Other income and expenses” (for the difference between the amounts charged to accounts 76 “Settlements with various debtors and creditors” and 58 “Financial investments”).
  When additionally accruing the amount of excess of the par value of bonds and other debt securities acquired by the organization over their purchase value, entries are made in the debit of accounts 76 “Settlements with various debtors and creditors” (for the amount of income due on securities) and 58 “Financial investments” ( for a part of the difference between the purchase and nominal value) and the credit of account 91 “Other income and expenses” (for the total amount allocated to accounts 76 “Settlements with various debtors and creditors” and 58 “Financial investments”).
  The redemption (repurchase) and sale of securities recorded on account 58 “Financial investments” are reflected in the debit of account 91 “Other income and expenses” and the credit of account 58 “Financial investments” (except for organizations that reflect these operations on account 90 “Sales ").
• 58.3 "Granted loans"- the movement of cash and other loans provided by the organization to legal and physical (except employees of the organization) persons is taken into account.

  Loans provided by the organization to legal entities and individuals (except employees of the organization) secured by bills of exchange are accounted separately on this sub-account.
  The granted loans are reflected in the debit of account 58 "Financial investments" in correspondence with account 51 "Settlement accounts" or other relevant accounts. The return of the loan is reflected in the debit of account 51 "Settlement accounts" or other relevant accounts and the credit of account 58 "Financial investments".

• 58.4 "Contributions under a simple partnership agreement"- a partner organization takes into account the presence and movement of contributions to common property under a simple partnership agreement.
  The provision of a deposit is reflected in the debit of account 58 “Financial investments” in correspondence with account 51 “Settlement accounts” and other relevant accounts for accounting for allocated property.
  Upon termination of a simple partnership agreement, the return of property is reflected in the credit of account 58 “Financial investments” in correspondence with property accounts.
• and etc.

Analytical accounting on account 58 "Financial investments" is kept by types of financial investments and objects in which these investments are made (organizations - sellers of securities; other organizations in which the organization is a participant; organizations-borrowers, etc.). The construction of analytical accounting should provide the possibility of obtaining data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, on the activities of which consolidated financial statements are compiled, is kept on account 58 “Financial investments” separately.

Account 58 "Financial investments" corresponds with the following accounts of the Plan:

by debit

• 50 Cashier
• 51 "Settlement accounts"
• 52 "Currency accounts"
• 75 "Settlements with the founders"
• 76 "Settlements with different debtors and creditors"
• 80 "Authorized Capital"
• 91 "Other income and expenses"
• 98 "Deferred income"

on credit

• 51 "Settlement accounts"
• 52 "Currency accounts"
• 76 "Settlements with different debtors and creditors"
• 80 "Authorized Capital"
• 90 "Sales"
• 91 "Other income and expenses"
• 99 "Profit and Loss"

Sub-account 58-3 "Granted loans" takes into account the movement of cash and other loans provided by the organization to legal and natural (except employees of the organization) persons. Loans granted, secured by bills of exchange, are accounted separately on this sub-account.

For lenders, loans issued are financial investments. Relations under loan agreements are regulated by paragraph 1 of chapter 42 Civil Code and PBU 15/2008 "Accounting for expenses on loans and credits".

The costs associated with loans and credits received are:

̵ interest payable to the lender (creditor);

̵ amounts paid for information and consulting services;

̵ amounts paid for examination of the loan agreement ( loan agreement);

̵ other expenses directly related to obtaining loans (credits).

Borrowing expenses are reflected in the accounting records on a monthly basis separately from the principal amount of the obligation as part of other expenses, with the exception of their part, which is to be included in the value of the investment asset (account 08 "Investments in non-current assets").

Lender's account

58.3/51 - a loan was granted in cash;

58.3/90.1 - loan in goods;

58.3/91.1 - a loan was granted with other property;

90.3,91.3/68 - VAT charged;

D 008 - received guarantees or collateral to secure a loan agreement;

76.3/91.1 – accrued interest for the use of the loan;

51/58.3 - returned the loan, issued in cash;

10.41/60 - materials, goods issued under the loan agreement were credited from the borrower;

19/60 - VAT credited;

60/58.3 - offset of liabilities (closing of the loan);

51/76.3 - payment of interest for the use of borrowed funds;

K 008 - return of the guarantee or pledge received earlier under the loan agreement.

Borrower's account

51/66.67 - received a loan in cash;

10.41/60 - materials, goods received under the loan agreement were credited from the lender;

19/60 - VAT credited;

60/66.67 - the novation of the obligation is reflected (the loan is issued);

91.2/66.67 - interest on the loan has been accrued;

66.67/51 - interest paid for the use of the loan;

D 009 - guarantees or pledges were issued to secure a loan agreement;

66.67/51 - repayment of a loan received in cash;

62/90.1 - return of goods received under a loan agreement;

62/91.1 - return of materials received under the loan agreement;

90.3,91.3/68 - VAT charged;

90.2/41 - the cost of goods was written off;

91.2/10 - the cost of materials was written off;

66.67/62 - offset, closing of the loan agreement;

K 009 - return of previously issued guarantees or collateral under a loan agreement.

Accounting for interest on funds raised to create an investment asset

The value of an investment asset includes interest payable to the lender that is directly related to the creation of the investment asset. Investment assets include construction in progress, which will be accepted for accounting by the borrower and (or) the customer (investor, buyer) as fixed assets (including land), intangible assets or other non-current assets.

Conditions for including interest in the value of an investment asset:

̵ the costs of creating an investment asset and related borrowing costs are subject to recognition in accounting;

̵ work has begun on the creation of an investment asset.

Interest payable to the lender associated with the creation of an investment asset is reduced by the amount of income from the temporary use of funds received loans as long-term and (or) short-term financial investments.

When the creation of an investment asset is suspended for a period of more than three months, the interest due to the lender ceases to be included in the cost of the investment asset from the first day of the month following the month of suspension of the acquisition, construction and (or) manufacture of such an asset.

During the specified period, interest due to the lender is included in other expenses of the organization.

When the creation of an investment asset is resumed, the interest payable to the lender is included in the cost of the investment asset from the first day of the month following the month in which the acquisition, construction and (or) manufacture of such an asset is resumed.

The period during which additional coordination of technical and (or) organizational issues arising in the process of its creation is not considered a period of suspension of the creation of an investment asset.

Interest payable to the lender ceases to be included in the value of the investment asset from the first day of the month after the month when the creation of the investment asset is terminated or its operation begins, incl. partial.

91.2/66.67 - interest accrued for the use of borrowed funds not related to the creation of an investment asset;

08/66.67 - interest accrued for the use of borrowed funds related to the creation of an investment asset;