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Inventory of fixed assets & Audit

Inventory of fixed assets In Poland, the inventory of fixed assets should be carried out due to the last day of each financial year—by way of counting their quantities—but can be started 3 months before the end of the financial year and last up to the 15th day of the following year. For assets such as property, land and real estate rights, or for those with the access (for the purpose of valuation) is significantly hindered, the inventory can be maintained once for 4 financial years. According to the Law on Accounting, fixed assets must be booked accordingly to the...

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