LAW OF MONGOLIA ON ACCOUNTING (REVISED)

Adopted on May 13 2001, Ulaanbaatar.

CHAPTER ONE

GENERAL PROVISIONS

Article 1. The Purpose of the Law

The purpose of this law is to determine the legal ground for accounting principles, management and institution and to regulate the relationship concerning to the maintenance of accounting records and the preparation of financial statements of the business entity or organization.

Amended 5 times:

1 10-06-24
2 10-06-10
3 06-12-15
4 03-05-15
5 02-07-10

Leave a Reply

Your email address will not be published. Required fields are marked *