It is very important for every entrepreneur how well his accountant is performing. Indeed, from one minor mistake of this employee, the company can have very serious problems.
Necessary
Report about incomes and material losses; reports on the inventory of settlements with counterparties, on the inventory of balances in the warehouse, on the inventory of fixed assets; turnover balance sheet
Instructions
Step 1
Your accountant is simply obliged to keep accounting records. You check how the data is true. If any discrepancies arise here, then this is evidence of the presence of certain problems in your accounting department or in the work of the company.
Step 2
Read these documents carefully before signing your balance sheet and income statement on a quarterly basis. You must understand the meaning of the amounts that are reflected there. If something becomes incomprehensible to you, then the Internet can always come to the rescue. Also, be persistent in your questions to the accountant. Have your financier explain each obscure figure in the report.
Step 3
Ask your accountant to provide you with reports on the inventory of settlements with counterparties, on the inventory of balances in the warehouse, on the inventory of fixed assets. It is better if these documents are provided to you at the moment when the accounting department is already going to calculate noology and prepares official reports.
Step 4
Check these reports against the reality. Correct the errors found together with the accountant and only then give permission for calculating taxes and balancing.
Step 5
Check these reports every quarter. This will not show the full picture of your accounting department, but it will help prevent unnecessary consequences in fairly simple things.
Step 6
Ask your accountant to make a balance sheet for you. This statement should contain details of sub-accounts and sub-accounts. Let the accountant explain in detail the meaning of each line. To check this document, you will have to delve into the accounting department in more detail. But for the preservation and prosperity of your business, this is not the biggest sacrifice and waste of time.
Step 7
If, after checking all the reports, you find the presence of errors that were not eliminated by the accountant in time, find out the reason for such an oversight. If the accountant does not cope with his duties, then he should be replaced.
