What is Asset Revaluation? and when it is required?
Answer Posted / thanuja
When in a company, we may not know the book value or
depreciated value of Fixed assets. In this case, we
assertain the value of the assets based on the market
value. This is done to get a correct possition of the
balance sheet. sometimes in case of takeover or acquisition
of a company.
Is This Answer Correct ? | 22 Yes | 3 No |
Post New Answer View All Answers
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
promotions of a new apointed auditor in cgda.
What is audit trail in siebel?
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-
what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .
What is the difference between internal audit and statutory audit?
Explain the purpose of meeting in audit?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.
What are the basic principles of an internal audit controlsystem?
What are the importance of internal audit to the organization?
How to do an internal audit effectively?
why auditors are not true and faire statement of account
What sort of image do you have?