СЧЕТОВОДСТВО
бр. 1/2014, година XVIII
ANNUAL FINANCIAL CLOSING – SOME ADVICES, BASED ON GOOD
ACCOUNTING PRACTICES
Hristo Dosev
Certified Public Accountant, рegistered Auditor
Managing Partner at “Dosevi – consultations and audit” LTD – Gabrovo
Key words:
Accounting closing
Identification
Review
Stocktaking/inventory
Usefull life
Age analysis
Receivables/Payables
Provisions
Summary
The article will view some of the most specific and applicable
procedures, related to the actual process of the annual closing
of accounts of the companies, regardless of what accounting
basis for preparing the financial statements they choose.
The author can not guarantee, that the listed steps and
sequence are exhaustive.
However, the article aims to represent in syntezised and
systematic ordinary form the requred as minimum actions,
based on good accounting practices, that the preparers of
financial statements should consider in the annual accounting
closing.
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