Accounting and accounting rules in Angola
Accounting Rules
- Tax Year
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The tax year runs from 1 January to 31 December.
- Accounting Standards
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All companies must prepare their financial statements in accordance with the Angolan Accounting Law and the Angolan General Accounting Plan (PGCA).
- Accounting Regulation Bodies
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Ministry of Finance
- Accounting Reports
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The company's financial statement must include a balance sheet, income statement, a cash flow statement, notes to the financial statement and an explanatory note on the cash flow statement (optional).
- Publication Requirements
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All companies must prepare their financial statements annually and submit them to the Commercial Register.
- Professional Accountancy Bodies
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Ordem dos Contabilistas e dos Peritos Contabilistas de Angola , The Angola Accountants and Chartered Accountants Order
- Certification and Auditing
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Companies need to hire a certified auditor. To contact an external auditor you can visit the following sites: Ernst & Young, PriceWaterHouseCoopers, Deloitte, KPMG, UHY.
- Accounting News
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Latest Update: November 2024