The annual budget refers to the fiscal revenue and expenditure budget valid for one year. The year here refers to the budget year, which generally includes the Gregorian calendar year system and the inter-calendar year system. The so-called Gregorian calendar year is February 3 1 from Gregorian calendar 1. At present, the countries that adopt the Gregorian calendar system mainly include France and Germany.

Annual accounts:

The annual final accounts are also called "final accounts" or "final accounts". At the end of each year, enterprises or units use accounting data to summarize and explain the production and operation results and financial status of the year.

Due to the particularity of its own business, the annual final accounts of insurance companies are different from other industries in accounting, especially in final accounts, which do not need to estimate assets like industrial enterprises, while in liabilities, it is mainly the outstanding responsibilities of various risks that need to be determined through estimation. That is, in accordance with the provisions, special funds such as various types of risk unexpired liability reserves and renovation funds were deposited.

Extended data:

I. Contents of the annual budget:

1, annual plan formulation

2, the preparation of the annual work plan essentials

3, the preparation of the annual operating budget operation points

4, the preparation of the annual operating budget essentials

5, the annual operating budget summary method

6, the focus of the annual business budget review

Second, the significance of the annual accounts

1, which comprehensively reflects financial status, operating results and cash flow.

2. It is conducive to summing up experience and improving bank management.

The year-end final accounts can summarize and reflect the bank's annual operating results, assess operating efficiency, monitor and analyze the causes of operating losses and bad debts, sum up experience, learn lessons, and take timely measures to promote the bank's management level.

3. Provide information for national macro-control.

Through the annual final accounts, banks can help the relevant state departments to grasp the changes in money, credit and capital activities, and understand the investment, utilization and turnover of funds in various sectors of the national economy, as well as the circulation of money, the total scale of credit, the increase and decrease of foreign exchange and gold, and the balance. To provide important financial and economic information for macro-control and formulation of monetary policy.

Baidu Encyclopedia-Annual Budget

Baidu Encyclopedia-Annual Final Accounts