Year-end closing in 5 emails
Five short emails for closing 2026. Each carries one point, a worked numeric example, and its reference in the standards or regulations.
Free email series
What the five emails cover
Reconciliations before any entry
The bank statement and the books meet at one figure, and a customer’s credit balance is shown as a liability, not deducted from trade receivables.
December revenue in December
Revenue when the performance obligation is satisfied, not when the invoice is issued, and December’s accrued expenses before closing.
Inventory item by item
Write-down to net realisable value for each item, and a review of fixed-asset useful lives at year end.
What happens after 31 December
Which events adjust the 2026 statements and which are disclosed, and the year’s zakat filing deadline.
From the trial balance to the statements and notes
The complete set of statements, material accounting policy information, and what the 2026 statements say about IFRS 18.
It starts after you confirm your address: five emails in order, four days apart. Free, with no attachments.