Accounting review

During the review, the following topics should be checked:

Liquidity

• Current balance sheet

• Outstanding debtors (i.e. 1100 account)

• Outstanding creditors (i.e. 2000 account)

• Outstanding credit card balances (i.e. 2210 account)

• The depreciation schedule with the asset accounts (i.e. 15xx)

• The shareholder A/C’s (i.e. 21xx accounts)

• The tax report status

• The VAT balance (i.e. 2200-2202 accounts)

• The social contribution balances (i.e. 227x accounts)

Revenue

• Current income statement

• All revenues from goods & services (i.e. 3200 account)

• All revenues from subscriptions (i.e. 3300 account)

• The staff cost (i.e. 5xxx accounts)

• The operating expenses (i.e. 6xxx accounts)