EBA in Lviv
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24/10/2006 The Tax and Accounting Committee meeting

was held at the EBA office in Lviv. Participants of the meeting discussed financial reporting and budgeting issues and considered presentations of systems and approaches to budget formation made by member-companies Danish Textiles, Gangsoe and NG Metal Ukraine, which included the following aspects:
-         profits and losses reports;
-         assets and liabilities;
-         fixed and variable salaries;
-         administration costs;
-         cost of sales.
 
Problems of the amortisation calculation, price formation and cash flow were also discussed.
 
Participants also touched upon VAT refund, namely the compensation of the sums, which were “frozen” during the introduction of changes in the legislation.
 

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