4.

Cost accounting
The expenses for the activity of the enterprise are reported in two aspects - by
economic activity (gr. 60) and by functional purpose (gr. 61 - Activity expenses).
The financial expenses are accounted for in the accounts of UAH 62 - accrued
expenses for interest, fees, commissions, foreign exchange transactions with
securities and more.
Expenses that do not relate to the current period - subscriptions paid in advance,
insurance, are recorded as Expenses for future periods. These expenses do not
contribute to the formation of the financial result for the current year and are stated
as an item in the balance sheet.
All other expenses must be completed at the end of the reporting period, credited
against debiting the Profit and Loss account for the current year.