Accounting and accounting rules in Angola

Accounting Rules

Tax Year

The tax year runs from 1 January to 31 December.

Accounting Standards

All companies must prepare their financial statements in accordance with the Angolan Accounting Law and the Angolan General Accounting Plan (PGCA).

Accounting Regulation Bodies

Ministry of Finance

Accounting Reports

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

All companies must prepare their financial statements annually and submit them to the Commercial Register.

Professional Accountancy Bodies

Ordem dos Contabilistas e dos Peritos Contabilistas de Angola , The Angola Accountants and Chartered Accountants  Order

Certification and Auditing

Companies need to hire a certified auditor. To contact an external auditor you can visit the following sites: Ernst & Young, PriceWaterHouseCoopers, Deloitte, KPMG, UHY.

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