Article 32 (New). Accounting data processing
Accounting data processing is an accounting system that records transactions
manually or electronically. It is used by implementing accounting entities for
accounting implementation for data collection, recording, classification, consolidation
and preparation of financial statements to comply with accounting standards and rules.
Organizations under the control of an implementing accounting entity shall
submit their financial information to that entity for the purpose of preparing
consolidated financial statements or a financial report for all activities.