If you turn to any economicliterature, it will become clear that the most effective among the methods of internal control is the inventory of assets and liabilities. This method helps to solve a whole range of problems, among which the most important are the following: counting assets, as well as obligations, checking the reliability of such counting. In this case, you only need to properly conduct, as well as arrange this procedure. It is worth taking care to avoid any errors that may be made by some companies or firms.
Inventory of property and financialObligations, as a rule, controlled by some regulatory documents. Among them, it is worth noting the federal law adopted in November 1996. It regulates the accounting procedure.
It is worth noting the provision governingaccounting, as well as financial statements in Russia. This provision was adopted by order of the Ministry of Finance of our country in 1998.
Finally, it is necessary to take into account the guidelines on the inventory of property, as well as financial obligations. They were taken by order of the Ministry of Finance.
Inventory of assets and liabilitiespursuing some goals. First of all, it is a guarantee of reliability of data relating to the process of conducting accounting and financial statements. Inventory sets itself the task of identifying the presence of the property of a company, and also to find out whether it is the same as indicated in the accounting documents.
It is worth noting also the goal that setsan inventory of the property and liabilities of the organization in front of you: a reflection in the documentation of all the obligations the company has, the identification of any debts, penalties, and so on. All these measures are necessary in order to deal with debtors, as well as in order to control all their reporting.
When inventory is taken andcommitments, the company has the right to document the existence of the relevant property and obligations, indicate their value and declare their condition.
The audit may reveal substandard resources. Then they will be discounted or written off if the need arises.
In addition, individuals will be found whowill be punished for such actions. As a rule, the inventory is divided into mandatory and voluntary. If we talk about voluntary inventories, they are managed directly by the owner of the company. He sets their number, and also decides what kind of property is worth inventorying. He also decides the timing of the inventory.
As for the mandatory inventory, itspend, when the persons responsible for the material state of the company change, when cases of theft, damage to property are detected, when there are any natural disasters, fires and other emergency situations. Such an inventory is also carried out in cases where the company is liquidated or reorganized.
In some cases, even create a special commissionwhich has the task of organizing the control of verification processes. For the inventory in each individual company must have a special inventory commission. Its composition is usually approved by the head of the company. The composition of the commission is always reflected in the so-called Book of control over the implementation of orders on inventory of property and obligations.
The availability of special documentation that regulates the entire inventory process is completely true.
