A year-end inventory is an important control of assets, liabilities and business records. Good preparation reduces work and supports year-end closing.
Practical steps
- Define scope and inventory date
- Appoint committees and responsible persons
- Reconcile balances with counterparties
- Document differences and decisions
How AS LEGATT can help
AS LEGATT helps organize records, checklists, responsibilities and document flows according to the needs of the business.
Note: This article provides general information. Current regulations and specific documentation should be reviewed.