|
Preparing year end accounts -
what we need
In the "Good Old Days"
clients would arrive each year with a bag or box of books & receipts and
after several weeks or months of trying to make sense of them, we'd have a
meeting or write a letter to say what was missing.
These days, businesses are required by tax and
accounting regulation to maintain a certain standard of recording throughout
the year and there are now time limits for supplying accounts to the
authorities.
We are required to prepare accounts (or
accounting data for tax returns) that comply with generally accepted
accounting practice and that are not confusing or misleading (not that this
has changed of course since the Good Old Days).
In order to assist us in preparing the annual
accounts in good time for statutory and tax deadlines we need complete &
accurate information as soon after the year end as possible and so, to help
in this, we have drawn up a checklist (opposite) of the most typical records
and information we need.
The checklist is in PDF format and is secured
by our normal web password. It also makes reference to the topic & its
checklist below.
|
*