Monday 24 December 2012

Forms of balance control



The economic situation is mandatory accounting document describes separate active and passive components business ownership, which presents its own funds in a unique and special way. Together with the profit and loss account and notes form an integral whole as "Annual Report" announced.

To control the financial situation, it is necessary to prepare a comparative statement in a manner which reflects the changes in the absolute value for each segment. Such a film, it is possible to distinguish between the changes as extraordinary or abnormal.

The control of these changes will allow for more effective control of the subject and scope. Below are some of the analytical procedures applied to the financial statements and accounts:

- Fixed prices of basic financial analysis and comparison with rates from previous audits and the activity of the respective industry; Dubai Audit

- Comparisons between the data from the financial statements and previously received, and according to the evidence adduced by the company / companies or similar companies is provided;

- Comparison of the proportion of the various positions and departments.

Actively monitor the balance

Actives are the part of the balance of the property re-division teams with a positive economic value for the company. Demonstrating the use of resources of the company, i.e., the availability of capital;. Invested capital, Auditors in Dubai either as permanent connections (assets) or temporary residence (current assets)

Check the active ingredients in the balance sheet should at least ensure that:

- All drugs have been submitted;

- These materials are presented in the balance sheet at an acceptable level, taking into account the correction items (depreciation, provisions).

Should be subject to the existence of material used and the reality of the rights to a third party a personal confirmation of qualified experts in accounting, the confirmation of the relevant parties to varying degrees. Dubai Auditors Apart from this, we ensure that the values ​​to be attributed to drugs, such as directly on it, when in doubt, a careful examination (fall back under the precautionary principle, which is described in the Act of 2008, "the financial statements").

In general, it is recommended that we rely on the rating of the active, close to a value of possible replacement value. In assessing the balance is very different from the replacement value; the tax auditor should mention this in the report.

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