{"id":5933,"date":"2020-03-11T12:46:13","date_gmt":"2020-03-11T12:46:13","guid":{"rendered":"http:\/\/virtualofficeinestonia.com\/?post_type=ufaq&p=5933"},"modified":"2025-05-28T09:28:43","modified_gmt":"2025-05-28T06:28:43","slug":"who-is-responsible-for-providing-false-information","status":"publish","type":"ufaq","link":"https:\/\/virtualofficeinestonia.com\/et\/ufaqs\/who-is-responsible-for-providing-false-information\/","title":{"rendered":"Who is responsible for accurate accounting data?"},"content":{"rendered":"
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\n\t\t\t\tWho is responsible for accurate accounting data?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t
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\n\t\n\tCategories:\n\t\n\t\tAccounting\n\t\n\t\tAnnual report\n\t\n<\/div>\n\t\t\n\t\t\t
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Sound bookkeeping is a <\/span>shared responsibility.<\/span><\/span><\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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The management board is always responsible for providing complete and correct source documents<\/strong>; the accountant is responsible for processing those documents in accordance with Estonian GAAP and tax law.<\/p>\n

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Can we catch up on previous periods?<\/span><\/h4>\n

Yes. We routinely perform \u201ccatch\u2011up accounting\u201d<\/strong> (tagantj\u00e4rele raamatupidamine) for businesses that have fallen behind on bookkeeping or need to reconstruct ledgers before an audit, sale, or liquidation.<\/p>\n

Typical scope<\/strong><\/p>\n

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  1. Document collection & gap list<\/strong> \u2013 we map missing invoices, expense receipts, bank statements.<\/li>\n
  2. Data entry & reconciliation<\/strong> \u2013 post all transactions, reconcile banks, payables, receivables, inventory.<\/li>\n
  3. Tax corrections<\/strong> \u2013 prepare or amend VAT, payroll and TSD returns if needed.<\/li>\n
  4. Financial statements<\/strong> \u2013 produce compliant balance sheet & income statement for each outstanding year.<\/li>\n<\/ol>\n
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    How to start?<\/span><\/h4>\n
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    1. Contact us<\/strong> with a brief description of the backlog (years & estimated transactions).<\/li>\n
    2. We send a document checklist<\/strong> and NDA.<\/li>\n
    3. Once we receive your materials we issue a detailed quote.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n
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      Need assistance?<\/strong> Contact us for a fixed\u2011fee quote.<\/div>\n<\/blockquote>\n
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      This information is general in nature and does not constitute legal advice.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t

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      A Who is responsible for accurate accounting data? Categories: Accounting Annual report Sound bookkeeping is a shared responsibility. The management board is always responsible for providing complete and correct source documents; the accountant is responsible for processing those documents in accordance with Estonian GAAP and tax law. Can we catch up on previous periods? Yes. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[318,387],"ufaq-tag":[446,332],"class_list":["post-5933","ufaq","type-ufaq","status-publish","hentry","ufaq-category-accounting","ufaq-category-annual-report","ufaq-tag-accounting-records","ufaq-tag-estonia"],"openstation_lock":null,"openstation_contributors":[],"openstation_attached_media":[],"jetpack_likes_enabled":false,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq\/5933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/comments?post=5933"}],"wp:attachment":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/media?parent=5933"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq-category?post=5933"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq-tag?post=5933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}