Accounting concept in cooperative companies (on representation of Dashkase metallurgy plant)

Abstract

In Azerbaijan, deposits containing many precious metals are relatively small, sparse, 
difficult operating conditions, and the unfavorable ecological situation does not allow the use of 
classical exploitation technologies. On the other hand, the relatively poor areas remain unused as the 
rich areas of the deposits exploited by the classical method gradually decrease due to the studied metal. 
The concentration of metals in the tailings is sometimes equivalent to the concentration of metals in 
the poor areas of the ore. 
The accounting process is completed by the preparation of financial statements. The financial 
statements. The financial report of the enterprise consists of several reports. The report on the financial 
position reflects the financial health and activity of the enterprise if it is correct and reliable. The profit 
and loss report is a very important report because it determines whether the enterprise made a profit or 
suffered a loss for the period it was prepared. The profitability of the enterprise is of interest to all 
users of financial statements, because if the enterprise is not able to make a profit in the long run, it 
will fail. It is closely related to the statement of profit and loss and the statement of changes in equity.