DOCUMENTATION OF TRANSACTIONS WITH OWNERS' EQUITY AND LIABILITIES AT THE STAGES OF COMPANY'S LIFE CYCLE

Due to the large number of lawsuits on transactions with owners' equity it has been justified to work out the document, which would evidence about the size of contributions by the founders. The article calls for the necessity of safeguarding the foundation documents of the contributed assets and changes in their assessment in the context of the founders to ensure heritage; annually publish special documents for the founders indicating the actual year-end assets, paid out share of the profits and other social benefits under the collective agreement. The article elucidates the peculiarities of documenting transactions with movement of liabilities at all the stages of company's life cycle that will assist in providing the interested users with reliable and relevant information on the changes in owners' equity and liabilities of the company.