New structure of financial statements since 1 September 2019

The Polish Ministry of Finance have introduced chances to the logical structures of financial statements. The changes are obligatory for financial statements (including consolidated financial statements) prepared on or after 1 September 2019. The number of structures nor main elements of financial statements remain unchanges. The key changes are as follows:

• A new (not required) field “other” has been added to the accounting policies section. Additionally, descriptions and interpretations of other fields have been amended which results in necessary regrouping of some descriptions in the accounting policies and in other general information.
• The tax note is no longer required for other entities and in the consolidated financial statements.
• Other changes, mainly of editorial and detailing character.

The detailed structures can be found on the Ministry of Finance webpage:
https://www.gov.pl/web/kas/struktury-e-sprawozdan

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