This checklist maps out key elements and tasks in the accounting procedure. Please check the corresponding box once a task has been completed.
Done | Task |
---|---|
✔ | Record financial transactions daily. |
Review and reconcile books regularly. | |
Ensure accurate record of income and expenses. | |
Categorize transactions correctly. | |
Prepare balance sheets and income statements. | |
Generate cash flow statements. | |
Extract business insights from financial reports. | |
Track taxable income, deductions, and credits. | |
Prepare and file tax returns. | |
Plan for upcoming taxes. | |
Stay updated on tax law changes. | |
Ensure financial statements comply with accounting standards. | |
Conduct internal audits. | |
Address audit inquiries from external auditors. |
Templates
Templates