16. December 2020
Physical inventory count in business activity
The topic of this article is the physical inventory count in business activity. Inventory count is a current topic in this period, because for most companies the balance sheet date, that is the last date of the accounting period, is approaching. First we need to say, what inventory count means. The Accounting Act (act no. 563/1991 Coll., article 29 and further) tells us…