What is NAS No. 21?
Also known as: Chart of Accounts for Accounting of Business Entities and Instructions for Its Application
NAS No. 21 “Chart of Accounts for Accounting of Business Entities and Instructions for Its Application” sets out the chart of accounts (asset, liability, contra-asset, contra-liability, transit and off-balance sheet accounts) and the procedure for using them. Approved by Order No. 191 of the Minister of Economy and Finance dated 14 November 2024 (registered with the Ministry of Justice on 27.12.2024, No. 3593); in force from 1 January 2025.