In accordance with the Rules for the Submission of Financial Statements by Public Interest Entities to the Depository, approved by Order No. 94 of the Minister of Finance of the Republic of Kazakhstan dated January 28, 2022, the procedure for submitting financial statements by public interest entities (hereinafter – PIEs) to the financial statements depository (hereinafter – the Depository) is established.
Pursuant to these Rules, legal entities bear administrative liability for failure to submit or untimely submission of financial statements to JSC “Information Accounting Center,” as provided by Articles 239 and 250 of the Code of the Republic of Kazakhstan on Administrative Offenses dated July 5, 2014 No. 235-V (hereinafter – the Administrative Offenses Code).
In the 4th quarter of 2025, the Department of Internal State Audit for the East Kazakhstan Region (hereinafter – the Department) issued 74 administrative offense reports totaling 10,832.7 thousand tenge. Of these:
40 reports were issued for failure to submit or untimely submission of financial statements to the Depository;
34 reports were issued for evading mandatory audit or obstructing its conduct.
As of today, 7,962.3 thousand tenge, or 73.5%, has been collected; the deadlines for the remaining administrative fines have not yet arrived.
To prevent the above-mentioned violations of the legislation of the Republic of Kazakhstan, the Department has sent letters to public interest entities recommending that they continuously study current legislation. The Department also reminds PIEs that have violated the legislation on accounting and financial reporting that in subsequent years, when determining the risk level and forming the list of subjects (objects) of control, preventive oversight measures will be carried out.