inventory investments involves a thorough inspection by third parties or by internal forces of the company for the value of actual expenses incurred for the purchase and maintenance of the securities, as well as data reliability and correctness of filling of financial documents.As noted above, it can be carried out inside and outside inventory, that is, by specialists or division of the company or specific companies that specialize in providing these types of services.However, the rules and principles of such checks are the same for everyone.
First of all, we note that the financial investments include:
- securities issued by the state.
- bonds, checks, promissory notes and other securities institutions and enterprises.
- stake in the authorized capital of the company.
- Part of the shares of joint stock companies of any type.
- Deposit accounts in commercial banks.
- Accounts receivable, claims which went under the contract.
So, at the beginning of testing, a special commission on the orders of the director.Inventory investments is impossible without first obtaining the inventory in the context of certain types of financial instruments and be sure to duplicate.Then the experts involved paperwork, check how true and legitimate presence of securities and other financial instruments as assets.
possible to identify the main criteria for classification of financial instruments assets:
- correctness and accuracy of processing of documents confirming the rights of the company's possession.
- Evaluating how these investments may affect the future activities of the company, for example, evaluation of the risk of insolvency.
- information disclosed by the main economic indicators and types of income that you can get in the future from investments of this kind.
In fact, inventory investments is a long process, since it is necessary to do the hard work.It is subject to verification of each security and the grouping into categories.The expert compares the actual availability of the financial market and their number, as reflected in the documentation.Particular attention is paid to the real value of such assets and the determination of its current price.
Those securities that are not owned by the company, but to manage it under the contract, to provide the right to use, and subject to verification.In this case, the accounting of financial investments is carried out on the basis of prices approved by joint agreement.A specialist then checks the accuracy and precision of making all the necessary information in the book accounting of financial instruments.
As a final part of the inventory can be identified entering test results in the inventory.On the basis of this reconciliation is made actual availability of the assets and their reflection in the documents.In practice, you will notice a sufficient number of mistakes made in different periods of turnover of financial instruments.That's why inventory investments is considered a necessary procedure, and the regularity of its implementation depends on the clarity and accuracy of accounting for assets in the enterprise.
As a rule, employees of the companies admit the following errors or distortion:
- incorrectly completed documents when you make an investment of financial resources;
- classification of investments in financial assets when it is not appropriate grounds;
- inaccurate calculation of the initial price of the security;
- incomplete reflection of the revenue part formed financial investments;
- violation modern legislation.
