If we look at any economic literature, it becomes clear that among the most effective methods of internal controls is an inventory of assets and liabilities.This method helps to solve a range of problems, among which the most important are the following: calculation of the property, as well as commitments, validation of the counting.In this case, it is only necessary to carry out correctly, as well as making this procedure.It is necessary to take care of to avoid any errors occur that can be tolerated by some companies or firms.
inventory of property and financial liabilities are generally controlled by certain regulations.Among them it is worth noting a federal law passed in November 1996.It regulates accounting procedures.
worth noting the provisions governing the accounting and financial reporting in Russia.The provision made by the order of the Ministry of Finance of the country in 1998.
Finally, we must take into account the guidance regarding the inventory of assets and financial liabilities.They were adopted by order of the Ministry of Finance.
inventory of assets and liabilities pursuing some goals.First of all, a guarantee of reliability of the data relating to the process of accounting and financial reporting.Inventory aims to identify the presence of the property from a particular company, as well as find out whether it is the same as is specified in the documents on accounting.
It is worth noting also the goal that sets the inventory of assets and liabilities of the organization: reflected in the documentation of all the obligations that a company has, the identification of any kind were debts, penalties and so forth.All these measures are necessary in order to fight with the debtors, as well as to control all of their reporting.
When is the inventory of assets and liabilities, the Company has the right documents to prove the existence of the corresponding assets and liabilities indicate their value and declare the state in which they are located.
The audit can be found substandard resources.Then they discounted or written off if the need arises.
Also to be found those individuals who suffer the punishment for such actions.As a rule, the inventory is divided into obligatory and voluntary.If we talk about the voluntary inventory, then they are guided directly to the owner of the company.It sets their number, and decides what kind of property is subjected to an inventory.He also decides in what time frame to carry out an inventory.
As for mandatory inventory, then it is performed when changing the person responsible for the financial condition of the company, when the detected cases of theft, damage to property when there are any natural disasters, fires and other emergencies.This inventory is carried out also in cases where the company is liquidated or reorganized.
In some cases, even creating a special commission that will have the task of organizing process control checks.For inventory in the individual companies must have special inventory commission.Its composition is usually approved by the head of the company.The commission is always reflected in the so-called Book of monitoring the implementation of orders of inventory of assets and liabilities.
absolutely true presence of specific documentation, which regulates the process of inventory.
