--- title: "Bank Inventory in 2026: What Is Checked and Reconciled with Accounting Records" country: KZ lang: en author: Сапа Т.И. (https://buhgpt.kz/authors/sapa-ti) date: 2026-10-13 canonical: https://buhgpt.kz/suraqtar/inventarizaciya-banka-v-2026-godu-chto-proveryayut-i-sver-en source: BuhGPT --- # Bank Inventory in 2026: What Is Checked and Reconciled with Accounting Records > **TL;DR:** What Is a Bank Inventory In 2026, Articles 833, 837, 838 and 839 of the TC RK do not establish a list of items, deadlines or procedures for conducting a bank inventory: Article 833 regulates the consideration of applications and claims for the refund of excess VAT, while Artic --- What Is a Bank Inventory In 2026, Articles 833, 837, 838 and 839 of the TC RK do not establish a list of items, deadlines or procedures for conducting a bank inventory: Article 833 regulates the consideration of applications and claims for the refund of excess VAT, while Articles 837–839 concern the preservation of terms under investment contracts and agreements (Articles 833, 837, 838, 839 of the TC RK). A bank inventory should be distinguished from checking an organisation’s cash balance in a bank account and reconciling a bank statement. For the organisation’s accountant, such reconciliation means comparing accounting data with bank documents. An inventory of the bank’s own assets is a different procedure, so applying the rules for an ordinary current account reconciliation to it would be incorrect. This procedure should also not be confused with an inventory of the property of an individual debtor. Each of these procedures has its own subject of inspection, participants, set of documents and procedure for recording the results. Transitional tax and investment provisions do not constitute a basis for determining these elements. When organising the inspection, the bank’s legal status and the purpose of the procedure must be taken into account. If the bank is undergoing compulsory liquidation or the operations of a branch of a non-resident bank are being terminated, special banking rules apply. The wording and documents prescribed specifically for the relevant procedure should be used for accounting purposes. Who Is Affected and What Is Checked The items subject to inspection are not determined by Articles 833, 837, 838 and 839 of the TC RK. These articles concern tax applications for the refund of excess VAT and the preservation of the terms of investment contracts and agreements concluded before 1 January 2026 (Articles 833, 837, 838, 839 of the TC RK). Therefore, when preparing an inventory, the accountant must distinguish between: - the bank’s own assets and accounting balances; - contracts and rights of claim related to the bank’s activities; - property accounted for by the bank on the grounds prescribed for it; - documents confirming factual and accounting information. The specific composition of the commission and the powers of its members are formalised by an administrative document within the applicable procedure. It is advisable for this document to specify the participants, items subject to inspection, allocation of responsibilities and persons responsible for providing documents and accounting data. Factual information should be compared with accounting registers and supporting documents. If the inspection covers contractual rights or claims, an inspection of the property alone is insufficient: the commission’s conclusion must be based on documents that make it possible to identify the relevant asset and its recognition in the accounting records. Particular attention should be paid to the consistency of data among property lists, contracts, registers and final statements. Discrepancies must be described specifically by indicating the item, accounting information, factual data and the document on which the conclusion is based. Procedure, Documents and Deadlines The deadline for conducting a bank inventory cannot be determined under Articles 833, 837, 838 and 839 of the TC RK. These provisions do not regulate the appointment of an inventory commission, the date on which assets are recorded or the deadline for preparing statements (Articles 833, 837, 838, 839 of the TC RK). The work may be organised in the following sequence: - Determine the legal status of the bank or branch and the procedure under which the inventory is conducted. - Prepare an administrative document on conducting the inspection and appointing the commission. - Compile a list of assets, contracts, rights and accounting data relating to the established procedure. - Collect accounting registers, contracts and other documents confirming the information for each item. - Compare factual and documentary data with the accounting figures. - Record the discrepancies identified and formalise the results using the prescribed forms. The date as of which the condition of the assets is determined must follow from the applicable special procedure and the administrative documents governing the process. It may not be selected arbitrarily or replaced with a date convenient for preparing the accounting registers. In the final documents, the names and characteristics of the items must make it possible to compare the inspection results with the accounting records. If separate and consolidated documents are prepared, their figures must be consistent with one another, and each discrepancy must have a clear documentary description. An inventory of the property of an individual debtor is a separate procedure and does not replace an inventory of the bank’s assets. The accountant must not transfer the composition of participants, deadlines, dates for recording property or forms of final documents from one of these procedures to another. Frequently Asked Questions Is a bank inventory an inspection of an organisation’s money in a bank account? — No. The organisation’s bank account balance is reconciled using its accounting data and bank documents. An inventory of the bank’s own assets has a different subject and is conducted under the relevant banking procedure. What is the deadline for conducting an inventory of a bank undergoing liquidation? — Articles 833, 837, 838 and 839 of the TC RK do not establish such a deadline. The deadline is determined by the special bank liquidation procedure applicable to the specific process. As of what date are the bank’s assets recorded? — The date established by the special rules for the relevant procedure is used. The tax provisions concerning the refund of excess VAT and the preservation of investment terms do not determine this date. Must factual information be compared with the accounting records? — Yes. The purpose of an inventory is to document the comparison of information about the items subject to inspection with the accounting data and to record the discrepancies identified. Which documents are prepared based on the results? — The documents prescribed by the applicable special procedure and the administrative document on conducting the inventory are prepared. Their figures must be consistent with the accounting registers and with one another. Sources - TC RK 2026, Article 833 — transitional provisions concerning the consideration of tax applications and claims for the refund of excess VAT. - TC RK 2026, Article 837 — preservation of the terms of investment contracts and agreements on investment obligations. - TC RK 2026, Article 838 — preservation of the terms of an investment agreement concluded before 1 January 2026. - TC RK 2026, Article 839 — preservation of the VAT exemption for imports of raw materials and supplies under an investment contract. --- _BuhGPT — ИИ-помощник для бухгалтеров Казахстана: https://buhgpt.kz_