INVENTORY OF GOODS IN THE PUBLIC DOMAIN OF ADMINISTRATIVE-TERRITORIAL UNITS

Inventory represents the set of factual verification operations of the existence of patrimonial elements in terms of quantity, quality and value, an operation to identify goods that belong to the public and private domain of administrative-territorial units. Accounting must provide a faithful, clear and complete picture of the patrimony. Sometimes, however, discrepancies may appear between accounting data and reality, caused by certain economic and natural phenomena, negligence, mistakes, embezzlement, etc. Concordance between written and real information can be checked with the help of the process called inventory. Accounting, as the main management tool, must provide real information on the activity of the patrimonial unit, in order to adopt scientifically based decisions. In order to achieve this objective, a fundamental condition is the complete agreement that must exist between the data recorded in the accounts and the factual reality existing in the unit. The main means by which the real situation of the patrimony is ascertained and which allows the comparison of the data obtained in this way with the accounting data, is represented by the inventory.