Chapter 1. Financial statements --2. Statement of financial position --3. Notes to financial statements --4. Related parties --5. Events after the reporting period --6. Statement of comprehensive income --7. Statement of changes in equity --8. Non current asset held for sale --9. Discontinued operation --10. Accounting changes --11. Interim financial reporting --12. Operating system --13. Cash and accrual basis --14. Single entry --15. Error correction --16. Statement of cash flows --17. Statement of cash flows basic problem --18. Statement of cash flows comprehensive problem --19. Hyperinflation --20. Current cost accounting --21. SMEs- definition --22. SMEs- qualities and general features 23. SMEs -statement of financial position --24. SMEs- comprehensive income cash flows --25. SMEs- notes to financial statements related parties events after reporting period --26. SMEs- accounting changes --27. SMEs- Inventories and revenue --28. SMEs- basic financial instruments --29. SMEs- associate --30. Investment property --31. SMEs- property, plant and equipment --32. SMEs- government grant borrowing cost --33. SMEs- intangible assets --34. SMEs- impairment of assets --35. SMEs- provisions and contingencies --36. SMEs- leases --37. SMEs- employee benefits --38. SMEs- income tax --39. SMEs- equity --40. SMEs- share-based payment --41. SMES- specialized activities hyperinflation --42. Appendix.