Year End Accounts Checklist

Preparation

• Confirm accounting period and deadlines
• Send records request to client
• Collect bank statements for the full period
• Obtain loan and finance agreements
• Confirm stock or WIP figures

Bookkeeping review

• Reconcile all bank accounts
• Review debtors and creditors
• Check sales tax control account
• Review payroll control accounts
• Post accruals and prepayments
• Review fixed asset additions and disposals

Finalisation

• Prepare draft accounts
• Partner or manager review
• Compute corporate tax
• Send accounts for client approval
• Obtain signed approval or e-signature

Filing

• File accounts with Secretary of State
• File Form 1120 with IRS
• Send filing confirmations to client
• Diarise next year deadlines
• Archive working papers