Chapter 1: Presentation of the firm

Description of the internship location:

The CSK firm was established in 2006, it is located at Avenue 7 Novembre Sfax, Building
Rami, 2themefloor, apartment No. 2. This firm is aimed at holding the
accounting, tax assistance, statutory auditing, and expertise
judiciary. It is made up of a team of five people.

This office is run by Mr. Khlif Slim. He is the one who organizes all the work done at
the assistance of Mrs. Bouattour Mariem. The office portfolio includes a number
important clients that vary between individuals from various professions and
legal entities that are generally small and medium-sized enterprises.

The office is characterized by a clear structure allowing for the execution of all the
work necessary for customer services.

Section 2: The services of the firm:

This firm offers a multitude of services for the benefit of its clients. Indeed, it
intervenes in various fields:

A. The accounting service

He is interested in all movements and transactions related to accounting.

such as accounting and fiscal and parafiscal assistance.

The keeping of accounts: it is based on supporting documents and

includes the maintenance of accounting books as well as the preparation of financial statements

financiers. This function is performed using a local network linking the

computers to software that is already installed and compliant with the accounting system in

vigour

Tax and parapublic assistance: this function occupies a place

important within this service, namely the monthly tax declaration,
Withholding Tax "RS", Professional Training Tax "TFP", Fund
 Promotion of Social Housing 'FOPROLOS', Value Added Tax
"VAT", stamp duty, Tax for the benefit of Local Authorities "TCL", etc.;
the annual income tax returns of individuals
"IRPP" or on corporate tax "IS", the provisional installments and the
necessary tax advice. This service also handles the declaration
from the National Social Security Fund "CNSS", payroll management and
necessary accounting advice.

B. The auditing office

This function is of great interest within the firm.

The benefits of account auditing are multiple: ensuring compliance with

legal and regulatory provisions (regularity and sincerity of accounts), to assist in
the year-end inventory and verify the compliance of the inventories with the results
theoretical, control the accuracy of financial information in the statements
financiers, and the data in the board of directors' report or the report of
management.

C. The legal service

This service is concerned with the establishment of legal operations such as

the formation of companies (the bylaws, lease agreements, etc.), the establishment
minutes, the advice given to clients (consultations, order on
request, etc.).

Section 3: Description of tasks performed:

1. Accounting department:
Ranking of accounting documents:

The classification of accounting documents within a company is a very

important because it allows you to save a lot of time and sometimes even
of silver.

The accounting documents are grouped by nature and in chronological order in

function of their arrival date from January to December and categorized in binders
commonly called chronos. This is how we have the binders of operations for:

Sales
Purchases
Banks
Miscellaneous operations
 Box

Entry of accounting documents:

All operations carried out by the company that are justified by documents.
Accountants (check, invoice, ...) are recorded in various auxiliary journals according to the
nature of each operation. the input of accounting documents is done using the software
accountant 'ICOMPTA'.

The different auxiliary journals are schematized as follows: purchases journal, journal
sales, bank statement (deposits, received transfers and cheque cashing, payment of
checks
effects, premium discount effect, payroll journal.

  Purchase journal:
Date of the operation

60. Purchases…… HTVA

4366 Deductible T/CA TVA

401 Operating suppliers TTC

Purchase Invoice No.

  Sales journal:
Date of the operation

411 Clients MTTC

70. Sales HT

436671 Collected VAT

VAT

43658 other taxes on revenue

HT/1.01*0.01

433 Stamp Duty 0.500

Invoice No. ...

   Discounts, received transfers, and check cashing:

532 Bank .

411 Clients .

Discounts, received transfers or collections

  Check payments:

401 Suppliers .

532 Bank .

Discounts, received transfers or collections

Check

  Check withdrawals:

580 Internal transfers

.

532 Bank .

Withdrawal checks No.

  Cash payments:
532 Bank .

580 Internal transfers .

Cash payments

  Discount effects:

532 Bank .

531 Receivables .

Discounts effects

Payments of effects:

531 Effects to be paid .

4366 Recoverable VAT status .

627 Banking services and related .

532 Bank
.

Payment of the effect

 Discounted effects:

532 Bank .

531 Discounted effects

.

Discount effect

  Discount on effect:

6516 Bank interest and financing operations .

532 Bank
.

Discounted bills of exchange

  Payroll journal:

64 Salaries .

45311 CNSS
.

4321 State, wage withholding .

425 Personnel remuneration .

Various Salary month/N

The bank reconciliation statement:

 Bank reconciliation is a control performed by the accountant, which aims to
to reconcile the accounting balances of the banks with the accounting balances of
bank accounts with the company. Bank reconciliation is a step in
end-of-year work in our firm.
This technique allows for the identification of possible differences that may arise.
between the statement and the accounting following:

Recording omissions.
Charges and bank fees discovered on the account statement.
Errors in our accounting record
Delays in certain operations that the company experiences first and
that the bank records afterwards, or vice versa.
The documents required for the preparation of the reconciliation statement:
A bank account statement received from the bank (called the bank statement).
The bank account in the software
The latest bank reconciliation statement
Lettering :

The accounting lettering is an operationaccountantwhich consists of assigning a reference point

to aaccounting entryand to assign this same reference to another writing. The goal
is to associate the two operations in this way, and to observe which operations remain
without association. The reference used is often a letter of the alphabet, hence the name of
lettering

Preparation of financial statements

I had the chance to attend the preparation of the financial statements corresponding to
our accounting exercise, These financial statements are:

The assessment:

Lebilan is a summary document of financial accounting, at a specific date.

determined, which allows to inform about the company's financial situation and
particularly economic resources, in the form of assets, liabilities and
equity.

The income statement:

The income statement provides information about the company's performance for
evaluate its profitability and its ability to generate cash flow, based on the
resources that it controls.
 The cash flow statement:

According to paragraph 57 of the general accounting standard (NC:01), the statement of cash flows

Treasury is a document that provides information on how the company has

obtained and spent cash through its operating, financing activities
and investment and through other factors affecting its liquidity and solvency.

The notes to the financial statements:

The notes to the financial statements must be presented in a manner

comparable from one exercise to another. They allow for explanation and detailing of the
elements presented in the body of the financial statements in qualitative terms.

2. Tax department:

During the internship, I had the opportunity to participate in the establishment and submission of

tax declarations, both for individuals and for entities

morals.

The preparation of monthly tax declarations must follow the following procedure:

Ask the client to communicate the amount of revenue they have generated.
that the accounting documents, namely purchase invoices, withholding certificates
at the source if there is any, and that are related to the previous month,
Prepare a summary of recoverable VAT based on the invoices
of purchase,

Determine the collected VAT from the accounting documents and the revenue.
communicated by the client,
Fill out the form based on the information obtained from the calculation of
amount of monthly declarations to be paid.

3. Legal Department:

During the internship, I had the opportunity to assist in the preparation of a legal file.
The file summarizes the process followed and the formalities completed upon establishment.

until the dissolution of a given company.

The constitution follows the following approach:

the drafting of the statutes: in this stage, we prepare a draft of the statutes for
present it to the bank and block the amount of capital. After obtaining the
company account number, we draft the articles to start the
process of the constitution

the registration of the statutes: this step takes place within the treasury
of recording the acts of companies. The registration is at a fixed cost of
150 dinars. since the 1erJanuary 2013,

the obtaining of the tax identity card and the declaration of existence: after
the registration of the statutes, we head to the control office for
obtain the license and the declaration of existence of the company to be formed.
The necessary documents for this operation are as follows: a copy of
registered status, a copy of the manager's identity card, a copy of the
lease agreement for the head office, a copy of the investment declaration
if it is an activity governed by investment code,

the filing with the court registry: following the opening of the license, we proceed to
the step of filing the statutes and registering in the commercial register. This
The task should be carried out at the registry of the court of first instance where it is located.

the company's headquarters. The necessary documents are presented in duplicate

copies with specific prints for this operation: the statutes of
the company, a copy of the tax identity card and the declaration of existence,
a copy of the manager's identity card, a copy of the lease agreement
head office, a copy of the investment declaration if it is a
activity governed by investment code. Following the submission of the documents, the
Greffier gives us a deposit certificate and a copy of the register of
commerce

Publication in the official journal of the Tunisian Republic (JORT): with the
filing number, we are preparing the publication related to the constitution of the
company stating the following details: the name of the company, the
share capital
 finally, with the publication invoice, one can obtain the register of
business of the company at the registry of the court of first instance.

The strengths and weaknesses of the firm:

The strengths of the firm:

The main strengths of the firm are as follows:

Good work atmosphere, which minimizes routine and increases the

yield
Ability to meet customer needs through advice and assistance
permanent and regular,
Good relationships with clients.
The firm's client portfolio is well diversified as it includes
individuals, commercial, industrial, and service companies...

The weaknesses of the firm:

The existence of strengths cannot overshadow certain weaknesses detected within the
services of the firm:

The late communication of documents by the firm's clients.

Lack of maintenance and servicing for the equipment
computer science, especially accounting software which is essential in the
work.
In the absence of a courier, trips outside the office result in the loss of
a lot of time.

Chapter 2: Case of a Company XYZ

I. General presentation of the company: "XYZ":

Founded in 1999, the company XYZ's main activity is the production and marketing.
mussels.
With a capital of 100,000 D and a turnover of 1,400,000 D, the company has a
product range that meets the needs of consumers.
The company XYZ covers the entire Tunisian market and some other markets.
foreigners.

II. Designation of the firm:

The CSK Cabinet is appointed as the statutory auditor of this XYZ company.
of the Ordinary General Assembly (AGO) of 05/15/2014 for 3 successive financial years 2014,
2015 and 2016.

III. Intervention team:

IV. Approach applied by the auditor at the level of the asset section:

Draw up a summary table of assets:

Company XYZ
Sfax

BALANCE
(Expressed in DT)
Notes 31/12/2015 31/12/2014

Assets
NON-CURRENT ASSETS
Acq2015 15

Tangible assets 1 189 223 174 052 Immo 1 Immo0

Less: depreciation 109 987 81 544 Amo1 I love you
79 236 92,508 VCN 1 VCN 0
28 443 Love 1
Financial fixed assets 0 0
0 0

Total of fixed assets 79 236 92,508

Preliminary expenses 0 0
Total non-current assets 79 236 92 508
 CURRENT ASSETS

Stocks 0 0

Clients and associated accounts 64 683 24 652

Other current assets 2 7,346 9 802

Other financial assets 4,019 0

Provision 0 0
4,019 0

Cash and cash equivalents 3 9,493 2,413

Total current assets 85 541 36,867

Total assets 164 777 129 374

Company XYZ

Sfax

BALANCE
(Expressed in
DT)

Notes 31/12/2015 31/12/2014

Equity and Liabilities

Equity
Operator account -22 359 -29 324
Result report 57 116 19,764

Total equity before the result of the financial year 34 757 -9 560

Result of the exercise 29,901 37 352

Total equity before allocations 64,658 27,792

Bank Loans 56 298 75 051

Total non-current liabilities 56 298 75,051

Current liabilities

Suppliers 21,731 6 153

Financial liabilities 18 034 15,348
Other current liabilities 4 4,055 5 031

Total current liabilities 43,821 26 531

Total liabilities 43,821 26 531

Total equity and liabilities 164 777 129 374

Company XYZ
Income Statement
( expressed in DT )
As of 31-12 As of 31-12
Note
s 2 015 2014
Operating products

Revenues 210 682 192 536

Total operating products 210 682 192 536

Operating expenses

Stock variation 0 0
Purchase of consumed supplies goods 5 100 142 111 344
Staff charge 14 154 7,662
Depreciation and provisions allocations 28 443 14,603 Love 2015 Love 2014
Other operating expenses 6 32,752 fourteen thousand two hundred ninety-seven

Total operating expenses 175 491 147 906

Operating result 35 191 44 630

 Net financial charges 2,578 3,392
Other ordinary gains 78 7
Other Ordinary Losses 227 114
Result of ordinary activities before tax 32 463 41 131

Corporate Tax 2,563 3,779

Result of ordinary activities after

tax 29,901 37 352

Net result of the financial year 29,901 37 352

Company XYZ
Cash flow statement
(Expressed in DT)
Closed exercise Exercise closed
December 31 December 31
Notes 2 015 2 014

CASH FLOW RELATED TO OPERATIONS

Result 29,900.859 37 352

Adjustments for:
Depreciation 28 442.907 14,603
Variation of:

Other current assets 2,455.800 -6 844

clients -40 030.964 -21 799
Other current liabilities and other debts -975.294 3,417
Suppliers fifteen thousand five hundred
-658
seventy-eight point five five eight
Stocks
Investments and other financial assets -4 018.736

Reprise provision
less value from sale and other gains

Cash flow from (used in) operating activities 31 353.130 26,071

CASH FLOW RELATED TO INVESTING ACTIVITIES

Disbursement from the acquisition of fixed assets

corporeal and incorporeal -15 171.342 -71 238
XYZ Company
NOTES TO THE FINANCIAL STATEMENTS AS OF 12-31-2015 0

BALANCE SHEET AS OF December 31, 2015

Note 1 - Immobilization
Industrial Materials 160,964.748
General installations arrangements and fittings 5,630.714
Computer Equipment 4,086.832 0
Office Equipment 3,540.616 49 163
Transport Equipment 15,000,000
189 222.910
37 627
-7 540
Note 2 - Other current assets
Various Debtors 243.907 9,953
States Taxes and Levies 7 102.511
TOTAL 7,346.418

Note 3 - Cash and cash equivalents

Cash register 9,492.861
TOTAL 9,492.861
Note 4 - Other current liabilities
Charges to be paid 0.000
States 3,684.764
CNSS 370.572
Credit balance 4,055.336

II - INCOME STATEMENT AS OF DECEMBER 31, 2015

Note 5 - Purchase of consumed goods

Non-stock purchases of materials and supplies 100 141.766

TOTAL 100 141.766

Note 6 - Other operating expenses

Rent 2,052.288
External Service 11,403.560
Prime Assurances 424.120
Fees 800.500
Advertising Publication Public Relations 1,740.030
Transport and mobility thirteen thousand eighteen point seven six seven
Donations 750,000
Postage fees 695.034
Banking Services 506.824
Taxes and duties 1,361.172
TOTAL 32,752.295
XYZ Company As of December 31, 2015

DETAIL OF FIXED ASSETS AND DEPRECIATION

Year Value Annuity Love. Total of
Designation Rate V.N.C.
purchase of purchase Love. previous Love.

General installation AA construction

27/08/201
1,931.029 10% 193.103 627.584 820.687 1 110.342
Make CCB 1
02/12/201 100
135.176 0.000 135.176 135.176 0.000
Fac FEKI Mohamed 1 %
02/09/201
3,362.420 10% 336.242 112.081 448.323 2 914.097
Fac World No. 617641 4
26/05/201 100
202.089 202.089 0.000 202.089 0.000
Fac Edouira No. 15002815 5 %
TOTAL INDUSTRIAL MATERIALS 5,630.714 731.434 874.841 1 606.275 4 024.439

Industrial Materials
02/08/200
36 750.000 20% 0.000 36,750,000 36,750.000 0.000
Electroerosion A Fil Ezzeecut 7
20/08/201
45 283.319 20% 9,056.664 29 434.157 38,490.821 6,792.498
Fac SOGET no. 175 1
31/05/201
45,000.000 9,000,000 5,250,000 14 250,000 30 750,000
Make ventafax No. 876 purchases robofil 4
29/09/201
22,000.500 20% 4,400.100 1 100.025 5 500.125 16 500.375
Make Pro Machining n) 539 4
October 11, 201
11,930.929 20% 397.698 0.000 397.698 11 533.231
Make Révolon machine purchases 5
65
TOTAL INDUSTRIAL MATERIALS 160 964.748 22 854.461 72 534.182 95 388.644
576.104

Office equipment
May 28, 200 100
49.139 0.000 49.139 49.139 0.000
GSM Nokia 1110i 7 %
25/03/201 100
108.900 0.000 108.900 108.900 0.000
Fac Nova tech No. 0018 3 %
November 5, 201 100
98.900 0.000 98.900 98.900 0.000
 TABLE OF FIXED ASSETS AND DEPRECIATION
December 31, 2015

Amount Amount Regulation

Acquisition of Allocation to
Designations bruits at raw at Amortization. Previous amortization Total Amort. V.C.N
the exercise December 31, 2015
January 1, 2015 31-12-2015 t

I - Real estate

I G AAI Construction 5,428.625 202.089 5,630.714 874.841 0.000 731.434 1,606.275 4,024.439
149
Industrial Materials 033.819 11 930.929 160 964.748 72 534.182 0.000 22 854.461 95 388.644 65 576.104
Office equipment 501.892 3 038.724 3,540.616 501.892 0.000 545.383 1,047.275 2,493.341
Computer Equipment 4,086.832 0.000 4,086.832 2,132.906 0.000 1 311.629 3 444.534 642.298
Transport Equipment 15,000,000 0.000 15,000,000 5,500,000 0.000 3 000.000 8,500,000 6,500,000

174
GENERAL TOTAL 051.168
15 171.742 189 222.910 81 543.821 0.000 28 442.907 109 986.728 79 236.182

Immo0 Acq 2015 Immo 1 I love you Love 15 I love1 VCN 1

92 507.347 VCN 0

This step allowed us to identify areas of significant risks in the section "
immobilizations.
 Edited on 25-03-2016 XYZ Inc.
EXERCICE DU : 01/01/2015 AU : 31/12/2015
Balance
Stopped in the month of: December

Page No: 1/5

No Label Opening Previous months Current month Total Balance

Account
Flow Credit Flow Credit Debit Flow Credit Flow Credit
108000 Operator account 29323.959 2006.202 8800.000 1915.200 2086.001 33245.361 10886.001 22359.360
Subtotal of the account: 29323.959 2006.202 8800.000 1915.200 2086.001 33245.361 10886.001 22359.360
10

121000 Postponed results 19764.246 19764.246 19764.246

Subtotal of the account: 19764.246 19764.246 19764.246
12

131000 Beneficial result 37352.040 37352.040 37352.040

Subtotal of the account: 37352.040 37352.040 37352.040
13

164000 Loans and debts with conditions 68874.834 2657.908 11734.920 14392.828 68874.834 54482.006
164100 loans and debts FONAPRA 6175.928 4359.456 4359.456 6175.928 1816.472
Subtotal of the account: 75050.762 2657.908 16094.376 18752.284 75050.762 56298.478
16

222500 General installations, arrangements & 5428.625 202.089 5630.714 5630.714

223400 Industrial materials 149034.219 11930.929 0.400 160965.148 0.400 160964.748
224000 Transport equipment 15000.000 15000.000 15000.000
228200 Office equipment 501.892 1780.733 1257.991 3540.616 3540.616
228300 Computer Equipment 4086.832 4086.832 4086.832
Subtotal of the account: 174051.568Immo0 13913.751 1257.991 0.400 189223.310 0.400 189222.910
immo1
22

282000 Amortization of AAI Construction 874.842 731.434 1606.276 1606.276

282100 Amortization of industrial materials 72534.183 22854.461 95388.644 95388.644
282200 Amort MMB 501.892 545.383 1047.275 1047.275
282300 Amortization of Computer Equipment 2132.906 1311.629 3444.535 3444.535
282400 Amortization of Transport Equipment 5500.000 3000.000 8500.000 8500.000
Subtotal of the account: 81543.823 Amo0
28442.907 109986.730 109986.730I love you 1
28

Page No: 2/5

No. Label Opening Previous months Current month Total Balance

Account
Debit Credit Flow Credit Flow Credit Flow Credit Flow Credit
401000 Suppliers-purchases of goods or services 1010.900 54032.494 63713.535 7991.019 10296.669 62023.513 75021.104 12997.591
401100 Sami Trabelssi Rent 2010.500 1599.070 145.370 2010.500 1744.440 266.060
401150 Cabinet CSK 188.900 851.700 188.900 851,700 662.800
401400 SAT Steel and Technology 975.143 10180.193 12231.832 20.072 1339.133 10200.265 14546.108 4345.843
401500 Toumed 355.944 355.944 640,000 640,000 995.944 995.944
401600 Tunisia Telecom 596.940 720,000 60,000 596.940 780,000 183.060
401750 Bouattour Hamdi Forms Summary 4166.000 5722.065 3529.500 5722.065 7695.500 1973.435
401800 Cogepal 0.500 29589.788 27270.884 4028.063 5802.439 33,617.851 33073.823 544.028
401901 STEG 9283.986 10068.886 784.900 723,700 10068.886 10792.586 723.700
401905 SONEDE 21,900 21,900 21,900 21,900
401910 Med Ghorbel Carrier 2158.050 4300.000 1930.000 4088.050 4300.000 211.950
401920 Novotech 1172.650 1649.870 1172.650 1649.870 477.220
401930 YES 2815.999 3483.763 258.041 2815.999 3741.804 925.805
401940 South glass 1402.615 1402.615 1402.615 1402.615
401950 Receiver of finances 445,000 445,000 445,000 445,000
Subtotal of the account: 6152.543 119977.024 130792.799 15394.054 20117.052 135371.078 157062.394 21691.316
40

411100 Diverse Clients 3349.329 54872.367 46718.644 7845.219 4985.428 66066.915 51704.072 14362.843
411120 CEM 5965.614 5965.614 5965.614
411230 STPE 2980.000 5832.680 7598.579 8812.680 7598.579 1214.101
411260 SOPAL 17007.555 11629.986 144.410 5377.569 17151.965 17007.555 144.410
411270 This FAC 1719.778 1047.698 1719.778 1047.698 672.080
411280 This TIM 499,500 792,500 792,500 499,500 293,000
411290 This MACO 4465.350 4930.164 466.500 4931.850 4930.164 1.686
411300 YOU ARE 7797.755 43712.000 36787.015 5750.500 5477.107 57260.255 42264.122 14996.133
411320 Ste Engineering and Machining Precision 3610.300 23381.000 21853.852 6204.000 2550.512 33195.300 24404.364 8790.936
411350 SOTUFAM SA 3362.600 5443.900 2503.500 1309.959 8806.500 3813.459 4993.041
411360 The SKYLLA 3551.624 14808.380 3292.127 2337.500 20697.504 3292.127 17405.377
411390 NUOVATEC 1080.579 1080.579 215.024 1295.603 1080.579 215.024
411400 Ortho Tunisia 9734.430 4253.318 9734.430 4253.318 5481.112
411410 AMECAP Company 15531.976 10871.216 4248.278 8845.497 19780.254 19716.713 63.541
411450 AMMP 2209.310 542.769 2209.310 542.769 1666.541
411460 TMT 252.750 252.750 51.500 304.250 252.750 51.500
Subtotal of the account: 24651.608 200052.055 159827.311 28055.431 28546.072 252759.094 188373.383 64385.711
41
 Page No: 3/5

No. Label Opening Previous months Current month Total Balance

Account
Debit Debit Debit Flow Credit Flow Credit
425000 Personnel remuneration due 9904.518 10393.981 980,000 490.537 10884.518 10884.518
Subtotal of the account: 9904.518 10393.981 980,000 490.537 10884.518 10884.518
42

432000 Withholding tax 187.715 1150.388 983.382 20.709 151.909 1171.097 1323.006 151.909
432100 R/S Salary 59.430 904.110 904.113 59.433 59.433 963.543 1022.976 59.433
432200 R/S 15% 25.654 282.194 282.194 25.654 25.654 307.848 333.502 25.654
433100 TFP state 6.056 89.191 89.191 6.056 6.056 95.247 101.303 6.056
433150 FOPROLOS State 6.056 89.191 89.191 6.056 6.056 95.247 101.303 6.056
433500 TCL 30.365 296.586 294.932 28.711 40.373 325.297 365.670 40.373
433600 FODEC 80.929 830.578 835.251 85.592 103.470 916.170 1019.650 103.480
433700 Stamp duty states 9,000 92,500 94,000 10.500 11,500 103,000 114.500 11,500
434000 State - Corporate Income Tax 3779.250 3779.250 3779.250 3779.250
434100 Withholding tax 3120.700 1425.679 4757.986 761.039 479.411 5307.418 5237.397 70.021
434200 Provisional deposits 2267.550 1133.775 3401.325 3401.325
436600 Tax on deductible revenue 390.315 11318.426 10357.342 1417.075 1479.818 13125.816 11837.160 1288.656
436670 VAT credit to be carried forward 2012.603 2283.034 3838.060 408.447 4295.637 4246.507 49.130
436680 R/S TVA 2363.400 2363.400 2363.400
436700 Tax on collected turnover 11912.368 11912.372 1881.071 1881.067 13793.439 13793.439
436800 VAT regularization 490.963 490.963 490.963
Subtotal of the account: 7887.018 4675.418 36721.045 34438.014 5435.671 4653.194 50043.734 43766.626 6277.108
43

450000 Various Debtors 1915.200 1915.200 1915.200 1915.200

453110 CNSS 355.212 2056.356 1820.012 251.704 2056.356 2426.928 370.572
Subtotal of the account: 1915.200 355.212 2056.356 1820.012 2166.904 3971.556 4342.128 370.572
45

471000 Charges recognized in advance 243.907 243.907 243.907

Subtotal of the account: 243.907 243.907 243.907
47

505000 Maturities less than a year on loans 15348.005 17949.679 2657.908 421.880 16094.376 18371.559 34100.289 15728.730
Subtotal of the account: 15348.005 17949.679 2657.908 421.880 16094.376 18371.559 34100.289 15728.730
50

531300 Effects upon receipt 17387.810 17542.432 4173.358 21561.168 17542.432 4018.736
532000 Bank 146760.501 148971.525 13838.562 13932.875 160599.063 162904.400 2305.337
Subtotal of the account: 164148.311 166513.957 18011.920 13932.875 182160.231 180446.832 1713.399
53

540000 Box 2412.696 22499.500 21409.176 11875.583 5925.527 36787.779 27334.703 9453.076
Subtotal of the account: 2412.696 22499.500 21409.176 11875.583 5925.527 36787.779 27334.703 9453.076
54
 Page No: 4/5

No. Label Opening Previous months Current month Total Balance

Account
Debit Debit Debit Flow Credit Flow Credit
580000 Internal transfers 18954.300 18954.300 3100.000 3100.000 22054.300 22054.300
Subtotal of the account: 18954.300 18954.300 3100.000 3100.000 22054.300 22054.300
58

602100 Consumable materials 80102.688 10131.526 90234.214 90234.214

602200 Consumables 41.178 41.178 41.178
602300 Steg Purchases 7377.496 647.062 8024.558 8024.558
602400 SONEDE Purchases 1631.716 1631.716 1631.716
602500 Fuel Purchase 210.100 210.100 210.100
Subtotal of the account: 89363.178 10778.588 100141.766 100141.766
60

610000 External Services 6425.560 6425.560 6425.560

611000 General subcontracting 253,000 4725.000 4978.000 4978.000
613000 Locations 1881.264 171.024 2052.288 2052.288
616000 Insurance premiums 424.120 424.120 424.120
Subtotal of the account: 8983.944 4896.024 13879.968 13879.968
61

622000 Compensation of intermediaries and fees 800.500 800.500 800.500

623000 Advertising, publications, public relations 797.975 942.055 1740.030 1740.030
624800 Transport and movement 9835.500 980,000 10815.500 10815.500
625000 Travel, missions and receptions 1431.438 1431.438 1431.438
625100 Travel and movements 696.429 75.400 771.829 771.829
625700 Donations and Subsidies 750,000 750,000 750,000
626000 Postal charges and telecommunications charges 643.460 51.574 695.034 695.034
627000 Banking and related services 374.914 131.910 506.824 506.824
Subtotal of the account: 14529.716 2981.439 17511.155 17511.155
62

636000 Net charges on disposals of fixed assets 212.535 14.593 227.128 227.128
Subtotal of the account: 212.535 14.593 227.128 227.128
63

640000 Personnel expenses 12119.166 605,600 12724.766 12724.766

640400 Benefits in kind 232.261 232.261 232.261
647000 Social security contributions on salary 1001.232 196.110 1197.342 1197.342
Subtotal of the account: 13352.659 801.710 14154.369 14154.369
64

651000 Interest charges 2418.344 159.728 2578.072 2578.072

Subtotal of the account: 2418.344 159.728 2578.072 2578.072
65
 Page No: 5/5

No. Label Opening Previous months Current month Total Balance

Account
Debit Debit Debit Flow Credit Flow rate Credit
661100 TFP 111.111 6.056 117.167 117.167
661200 FOPROLOS 89.191 6.056 95.247 95.247
661400 TCL 273.012 40.373 313.385 313.385
665000 Other taxes, duties, and contributions 370.373 370.373 370.373
665400 Registration and stamp duties 20,000 20,000 20,000
665500 Vehicle Taxes 445,000 445,000 445,000
Subtotal of the account: 1308.687 52.485 1361.172 1361.172
66

680000 Depreciation and provisions allocations 28442.907 28442.907 28442.907

Subtotal of the account: 28442.907 28442.907 28442.907
Love2015
68

701000 Sales of finished products 83524.588 10346.894 93871.482 93871.482

701100 Sales Pending 10222.830 10222.830 10222.830
701200 Export sales 300.881 92173.980 997.530 15712.500 1298.411 107886.480 106588.069
Subtotal of the account: 300.881 185921.398 997.530 26059.394 1298.411 211980.792 210682.381
70

736000 Net products on asset disposals 9.955 35.599 51.871 9.955 87.470 77.515
Subtotal of the account: 9.955 35.599 51.871 9.955 87.470 77.515
73

Grand total: 240242.049 240242.049 741564.455 741564.455 151667.110 151667.110 1133473.614 1133473.614 481928.471 481928.471

XYZ Company edited on:

01/01/2015

The big book

01/01/2015
Page No: 1/2

Date Journal Piece C. Part Label Flow Credit Debit balance Page No: 1/2 Credit balance

222500 General installations, layouts & arrangements of constructions

December 31, 2014 Report 5,428.625I real estate 01 5,428.625

26/05/2015 01 24 Several Fac Edouira No. 15002815 202.089 5,630.714
Total 5,630.714 5,630.714 Immo11

223400 Industrial equipment

December 31, 2014 Report 149,034.219 real estate 02 149,034.219 0.000

10/11/2015 02 220 Several Fac Revolon no. 11/02516 Purchase Machine 11,930.929 160,965.148 0.000
31/12/2015 04 136 636000 Regular balance as of 12-31-2015 0.400 160,964.748 0.000
Total 160,965.148 0.400 160,964.748 Immo12

Account No: 224000 Transport equipment

31/12/2014 Report 15,000,000 immo 03 15,000,000 0.000

Total 15,000,000 15,000,000 Immo13

228200 Office equipment

31/12/2014 Report 501.892 immo 04 501.892 0.000

04/04/2015 53 Several RECYCARTCH Fac no. 4-2015 188.708 690,600 0.000
08/05/2015 02 71 Several Fac Maalej Audio No. A102186 292.025 982.625 0.000
25/07/2015 02 119 401000 Fac Omar Derbel No. 072 650,000 1,632.625 0.000
22/09/2015 167 401000 Fac Omar Derbel n° 92 Purchase of air conditioner 650,000 2,282.625 0.000
05/12/2015 216 Several Fac AIB No. 2487/2015 1,257.991 3,540.616 0.000
Total 3,540.616 3,540.616 Immo14

228300 Computer Equipment

31/12/2014 Report 4,086.832 real estate 05 4,086.832 0.000

Total 4,086.832 4,086.832 Immo15
 Page No: 2/2

Date Journal Piece C. Part Label Flow Credit Debit balance Page No: 2/2 Credit Balance

Account No: 282000 Amortization of AAI Construction

31/12/2014 Report 874.842 Amo010.000 874.842

31/12/2015 04 137 Several Allocations for the 2015 fiscal year 731.434 0.000 1 606.276
Total 1,606.276 1,606.276 I love 11

Account No: 282100 Industrial equipment depreciation

31/12/2014 Report 72 534.183 Love 020.000 72 534.183

31/12/2015 04 137 Several allocations of the fiscal year 2015 22,854.461 0.000 95 388.644
Total 95 388.644 95 388.644 Amo12

282200 Amort MMB

31/12/2014 Report 501.892 Amo030.000 501.892

31/12/2015 04 137 Several allocations for the year 2015 545.383 0.000 1,047.275
Total 1,047.275 1,047.275 Amo13

282300 Depreciation of Computer Equipment

December 31, 2014 Report 2 132.906 Amo040.000 2 132.906

31/12/2015 04 137 Several Allocations of the year 2015 1,311.629 0.000 3,444.535
Total 3,444.535 3,444.535 Love14

Account No: 282400 Amortization of Transportation Equipment

31/12/2014 Report 5,500,000 Love 050.000 5,500,000

31/12/2015 04 137 Several allocations of the fiscal year 2015 3,000,000 0.000 8,500,000
Total 8,500,000 8,500,000 Amo15

----- Acquisition of the year 2015

Depreciation for the fiscal year 2015
 The audit of tangible and intangible assets according to 'PWC'

Objective:
Ensure the correct accounting of the accounts

Work performed:
A. Ensure that the amounts recorded in the fixed assets section
reflect the entirety:

Controlled goods, obtained and used in the company.

Costs incurred for the acquisition or creation of these goods.

To ensure that the amounts stated in the allocation

depreciation and accumulated depreciation reflect the expense of
the exercise and the total of the depreciations calculated in accordance with
generally accepted accounting principles, applied consistently.

A. Other works
summary of the minutes of the ordinary and extraordinary general assembly
summary of board meeting minutes
Lease contract validation
Milking score
Permanent legal file
Validation of the treasury section
cash report
Validation of the Taxes & Duties section
Reconcile the recorded amount with the amount on the invoice

Work schedule:
IMMOBILIZATION

I. OBJECTIVES:
 Ensure that as of December 31 of the financial year to be audited, the amounts
the components of the 'Fixed Assets' account are correctly evaluated and
classified in the balance sheet

Ensure that the depreciation is properly assessed.

II. PROCEDURES W.P/Ref

1) Prepare the table of fixed assets and depreciation

(classic presentation).

2) Point the opening balance with the general accounts

free.

3) Request the property titles for the lands and the

constructions.

4) Obtain from the company the details of the add-ons for the year by
category of fixed assets.

Monitor the acquisitions of the fiscal year through sampling with the
supporting documents and verify:
The immobilization nature of the expense
The amount immobilized
The classification by nature of acquired goods

5) Check if there are no elements to immobilize in the account

"Maintenance" (Charges)

6) Obtain the analysis of withdrawals for the year by category

of fixed assets.

Obtain the following information:

Transfer price
Cumulative depreciation
Determine the gain or loss from disposals.
Verify the accounting entries.

7) Obtain the analysis for each category of fixed assets

depreciations.
Review the chosen depreciation basis.

Perform a global test for each category of

depreciation.

Ensure that all depreciation reintegrations have

were operated.
 9) Ensure that the depreciation for the financial year has been properly accounted for.

taken into the income statement.

10) Verify by survey that the amounts listed in the

"Ongoing work" account should not be final.
completed by the closing date of the financial year
(Immobilization in progress).

11) Verify the start date for calculating depreciation

for the ongoing fixed assets transferred.

Indicate the underlying document justifying the decision of

transfer the fixed assets in progress and to start to
amortize them (reception report).

12) Request the inventory of fixed assets as of 31/12 and

the disposals since the creation of the company.

13) Summarize the scope of the control work

posting "ASSET".

14) Complete the current program with other points

of control that you deem necessary.

15) Conclude on the fixed asset account and propose the

possible corrections.

III. DOCUMENTS

Detailed report.
General ledger.
Asset records.
Opening balance.
Supporting documents for acquisitions of the fiscal year.
Supporting documents for the assignments
Schedule of fixed assets.