közbeszámolási

Közbeszámolási is a Hungarian term that translates to "public accounting" or "public reporting" in English. It refers to the mandatory financial reporting requirements for certain entities in Hungary. These entities are typically companies, associations, foundations, and other legal persons that meet specific size criteria or operate in particular sectors. The primary purpose of közbeszámolási is to ensure transparency and provide stakeholders, such as investors, creditors, employees, and the public, with reliable information about the financial performance and position of these organizations.

The specific regulations governing közbeszámolási are primarily found in the Hungarian Accounting Act (Számviteli törvény). This act details which entities are subject to these reporting obligations, the content and format of the financial statements, the deadlines for submission, and the auditing requirements. Generally, közbeszámolási involves the preparation of annual financial statements, which include a balance sheet, income statement, cash flow statement, and notes to the financial statements. Depending on the size and nature of the entity, a separate management report may also be required.

The submitted financial statements are typically filed with the relevant Hungarian authorities, such as the company registry court or the tax authority, and are often made publicly accessible. This public availability is a key aspect of közbeszámolási, fostering accountability and allowing for informed decision-making by various parties interacting with these entities. Auditing by an independent auditor is often a mandatory component of közbeszámolási for larger entities, adding an extra layer of assurance regarding the accuracy and fairness of the reported financial information.