Objectives of inventory as per Cl. 1.4 of Methodical guidelines on property inventory and financial liabilities approved by the Order No.49 of the Ministry of Finance of the Russian Federation dated 13 June 1995 are as follows:
- To identify actual availability of property.
- To compare the obtained data on actual availability of property with accounting records.
- To check if transactions related to property and financial liabilities are correct and complete.