Restoring accounting records

Accounting restoration is a step-by-step process to restore a company’s accounting system to a correct state, even if there are omissions, errors, or discrepancies with the requirements of the legislation of the Republic of Uzbekistan for previous reporting periods.

This service is necessary when accounting records were kept formally, with violations, or were partially lost, as well as when changing an accountant, preparing for audits, or resuming operations after a break.

Accounting restoration includes:

● a comprehensive assessment of the state of accounting and tax records;

● identification of problematic periods and accounting areas;

● reconstruction of missing data based on primary documents;

● correct reflection of business transactions in accounting registers;

● recalculation of tax liabilities for restored periods;

● generation of current account balances;

● preparation of data for revised or corrective reporting;

● reconciliation of information with counterparties and the budget;

● recommendations for the further organization of accounting and document flow.

Work is performed according to an agreed-upon plan, taking into account the volume of information and the complexity of the situation.

As a result, the company receives restored and logically structured accounting, reliable financial indicators, and the ability to continue operations without the risks associated with past errors and inaccuracies.