In reality, to take account of ourselves on an annual basis is not adequate. This is why the Mashāyikh have advised that a person should do muhāsabah (self-assessment) daily.
The method of making muhāsabah is to allocate time to ponder upon the actions carried out throughout the day. If good was done then thank Allāh and resolve to continue; and if sin was committed then repent and resolve to abstain from repeating the same in the future.