268

268 RA»UNOVODSTVO, REVIZIJA

ACCOUNTING, AUDITING I FINANCIJE,
AND FINANCE br.
NO.1/2001.
1/2001 JANUARY
SIJE»ANJ

C O N T E N TS
CURRENT ISSUES
M Entrepreneurs’ Profit Taxation - How to Defend the Indefensible (Ivan PARA∆, CPA) .
M New Taxes Being Applied (Vlado BRKANI∆, ScD) ......................................................................................................... 4
M Characteristics of the New General Tax Law (with special attention paid to the legal remedies)
(Maja GREGURI∆, BL) ................................................................................................................................................ 10
ACCOUNTING
M Preparation of Annual Accounts, Financial and Tax Statements for 2000 (Group of Authors) ..................................... 18
A) PREPARATION FOR THE ANNUAL ACCOUNT OF ENTREPRENEURS
M I. Plan of the Activities of a Manager Accountant concerning the Preparation of Financial, Tax
and Other Statements of Companies for 2000 (Prof. Mladen HABEK, ScD; Maja GREGURI∆, BL) ................................. 21
M II. Establishing and Making Entries of Value Adjustments and Adjustment Differences upon Stock Taking on
December 2000 (Danica LON»AR-GALEK, MSEc, CA; –urica JURI∆, MSEc, CA; Vlado ANDRIJA©EVI∆, MSEc) ............... 25
M III. Annual Accounts of Depreciation for 2000 (Snjeæana BRKANI∆, BSEc, CA) . .......................................................... 40
M IV. Final Accounting of Allowances, Membership Fees and Contributions for 2000
(Lucija TURKOVI∆-JARÆA, BSEc, CA) ........................................................................................................................... 54
M V. Preparation for Making Final Accounting of the VAT for 2000 (Ljerka MARKOTA, BSEc, CA) .................................... 66
M VI. Cost Recognition, Declaring and Allocation in the Class 4
(Vlado BRKANI∆, ScD, CA; –urica JURI∆, MSEc, CA) ................................................................................................... 71
M Recognition of Income Earnings in the Annual Account for 2000 (–urica JURI∆, MSEc, CA) .................................... .85
B) MAKING-UP OF THE FINANCIAL STATEMENTS OF NON-PROFIT ORGANIZATIONS
M Annual Financial Statements of Non-profit Organizations (Snjeæana BRKANI∆, BSEc, CA;
Danica LON»AR-GALEK, MSEc, CA and Kreπimir VRANAR, BSEc, CA) ............................................................................... 91
C) MAKING-UP OF THE FINANCIAL STATEMENTS OF THE BUDGET AND BUDGETARY BENEFICIARIES
M Annual Statement of the Budget and Budgetary Beneficiaries for 2000 (Ivana MALETA, BSEc; Ivana JAKIR, BSEc) ..... 113
M Making Entries and (Non)Calculating the VAT on the New Stimulation at the Example of Wheat
(Miloπ KOSIJER, BSEc) ............................................................................................................................................... 141
M Researches for Wider Application of the International Accounting Standards (MRS) in West Germany
(Zoran JA©I∆, ScD) ....................................................................................................................................................... 146
AUDITING
M Auditing of Companies’ Amalgamation and Merger (Ivan BA©I∆, MSc, CPA) . ......................................................... 148
M Experts in the Balancing of Accounts ...................................................................................................................... 157
TAXES
M Annual Account and Making up the Statement on Special Taxes - Excises (Ljerka MARKOTA, BSEc, CA) .................. 158
M Tax Cards and ID Form for 2000 (Lucija TURKOVI∆-JARÆA, BSEc, CA) . ..................................................................... 161
M Taxation of Products by Special Taxes - Excises within the VAT System (Ljerka MARKOTA, BSEc, CA) ........................ 167
COMMERCIAL TRANSACTIONS
M Minimum Technical and Other Conditions of the Wholesale and Retail Sale from the Common Business
Premises (Darko MANOJLOVI∆, MSc) ........................................................................................................................... 181
M Contract of Loan (Hrvoje MOM»INOVI∆, MSc) ........................................................................................................... 188
TARIFFS
M Customs Procedure with the Confiscated or Ceded Foreign Goods (Boris ©O©TARI∆, BL) ......................................... 189
M Customs Tariff Application in the Part of Chapters 1 to 27 (Stanko KARA»I∆, BSEc) ................................................... 192
FOREIGN EXCHANGE OPERATIONS
M Collection and Payments in Effective Foreign Currencies (Boris MASNJAK, BSEc) ....................................................... 194
SALARIES
M Income Taxation under the New Law on Personal Income Tax (Lucija TURKOVI∆-JARÆA, BSEc, CA) .......................... 198
CORPORATE LAW
M Electronic Signature and Safety of Participants in Electronic Commerce (Ljiljana MAUROVI∆, ScD) .......................... 208
NEW REGULATIONS ................................................................................................................................................. 214
NEWS FROM RRiF ...................................................................................................................................................... 216
NEWS FROM THE ASSOCIATION “CROATIAN ACCOUNTANT” .............................................................................. 219
INFORMATIONS FOR MANAGERS ............................................................................................................................ 222
CURRENT ISSUES FROM ECONOMY ........................................................................................................................ 222
NEWS FROM EUROPEAN UNION ............................................................................................................................. 224
ECONOMIC STATISTICS ............................................................................................................................................ 129
BUSINESS INFORMATIONS ....................................................................................................................................... 236
SUMMARIES .............................................................................................................................................................. 269
JANUARY
SIJE»ANJ ACCOUNTING, AUDITING
RA»UNOVODSTVO, AND
REVIZIJA FINANCE NO.
I FINANCIJE,
SUMMARIES
Vlado BRKANI∆, ScD
NEW TAXES BEING APPLIED
The article explains the application of the new
Value Added Tax Law to have come into force on 1
January 2001.
The author points critically to the understate-
ment of the Law, to the suspension of the Interna-
tional Accounting Standards’ application in some
important parts of accounting calculations that are
the foundation for forming the tax base. New facili-
ties and stimulation to investors are also presented.
The author refers to unfavorable position of pri-
vate investors who grant credits to companies as
they have to pay the tax of 35% while the investors
into banks are exempted.
Key Words: profit tax, tax payers.
Page: 10
✻ ✻ ✻
Ivan BA©I∆, MSc, CPA
AUDITING OF COMPANIES’ AMALGAMATION
AND MERGER
The author presents his attitudes concerning the
way of carrying out the auditing of the merger of
joint stock companies and limited liability compa-
nies in the procedures of amalgamation and merger
as the status changes.
He presented the practical example of a written
Auditor’s Opinion on the audit of the amalgamation
of companies that is one of several possible vari-
ants. It is therefore realistic to expect that the audi-
tors’ profession will have perhaps even opposite at-
titudes, what can be a reason more for a more com-
prehensive legal, economic and auditing approach
to the issue of the amalgamation and merger of
companies.
Key Words: auditing, merger and amalgamation
of companies.
Page: 148
✻ ✻ ✻
Ljerka MARKOTA, BSEc, CA
TAXATION OF PRODUCTS BY SPECIAL TAXES -
EXCISES WITHIN THE VAT SYSTEM
Special and excise taxation of the products in
Croatia becomes more and more interesting, not
1/2001
br. 1/2001. 269
269
only due to exceptionally high amounts burdening
sales prices and increasing value added tax base,
but also due to the frequency of changes. The point
in question is of the products (petroleum products,
tobacco products, non-alcoholic drinks, beer, alco-
hol, passenger cars, other motor vehicles, vessels
and airplanes, coffee and luxury products) taking an
important place in the consumer structure of Cro-
atian inhabitants and guaranteeing the income to
the Government Budget.
Key Words: VAT, excise
Page: 167
✻ ✻ ✻
Darko MANOJLOVI∆, MSc
MINIMUM TECHNICAL AND OTHER
CONDITIONS OF THE WHOLESALE AND RETAIL
SALES FROM THE COMMON BUSINESS
PREMISES
Business space and premises in which one deals
with trading and warehousing of the raw-materials,
semi-finished goods, products and packing materi-
als should meet minimum technical, sanitary, he-
alth and other conditions prescribed for performing
certain economic activities.
Storage facilities of various functions are located
in industrial complexes, local distribution centers,
sea and inland harbors, shopping centers, hotel -
tourist settlements, customs and duty-free zones, as
public and private bonded warehouses, including
small shop warehouses in catering and shopping
establishments. The equipment of warehouses de-
pends, here, on the kind and quantity of the com-
modities being in transit or kept in the warehouse,
and on additional activities to be performed in those
premises or spaces.
The article explains the procedure of establishing
the minimum technical, and other sales conditions
and the conditions for performing wholesale and
retail trade from a warehouse.
Key Words: business premises, warehouse, tech-
nical conditions of warehousing.
Page: 188