For any licensed trade business in Shropshire, Staffordshire, Hereford & Worcester, Wales & Warwickshire as with any such business in the UK which has regular stock audits the Year End Stock Valuation is not too taxing an affair. In addition to the detailed stock reports normally produced at a stock take, a Year End Valuation Certificate is also produced.
However, without the regular help of a professional stock auditor the yearly task of counting and accurately putting a value on stock can be a fairly daunting prospect. This time-consuming and arduous task can be given over to the independent stock taker who has the experience, know-how and equipment to make it a stress free task.
The Client will be provided with a detailed, itemised valuation at the close of business at the end of the financial year. Thus, the Accountant will then have an accurate value of stock from which they can produce meaningful accounts. In addition, these reports can also be produced for insurance purposes, for the formation of future trading policy as well as negotiations with suppliers etc.
This service can selected as an individual service on a yearly basis, or in addition to your regular stock auditing service. If you have any queries at all, please do not hesitate to contact us.
To get a better idea of what happens in reality, please view our Case Study of a Year End Valuation, or have a look through an example Year End Valuation.