Annual Inventory — Procedure and Practical Guide

Annual asset inventory is mandatory under Accounting Law no. 82/1991 and OMFP 2861/2009. Non-compliance results in fines between 400 and 5,000 lei.

Inventory stages

1. Inventory committee formation (minimum 2 persons)
2. Preparation (instructions, forms, zone planning)
3. Physical inventory (counting, weighing, measuring)
4. Comparison with accounting records
5. Inventory report (findings, proposals)
6. Accounting regularization (surpluses, shortages, depreciation)

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