Inventorization for web
Clients of Aston Alliance Consortium are offered a service of website valuation and reporting it as an intangible asset into the balance sheet of the company.
It is necessary to list your sites as assets on your books in order to avoid fines from the side of auditing state authorities.
Website of a company is one of the most evident intangible assets and is used in company’s operations and activities.
If a website is not reflected on the balance sheet, company can incur sanctions in the form of fines for accounting standards infringement imposed by auditing bodies.
In specific cases fine in the amount of market value of the site can be imposed even under the tax code section reading it as concealment (storing unrecorded commodity).