N R V ??? which price is to be taken??

0 Vote(s) - 0 Average

N R V ??? which price is to be taken??

zubair
Offline

Member

Posts: 114
Threads: 7
Joined: Aug 2003
Reputation: 0

11-02-2003, 08:23 AM

Well, I believe your auditor is correct. In drawing up the financial statements care is needed to ensure that the correct valuation of the stock is passed on to the readers of financial statements. The last avaliable selling price might not be appropriate as they might not materialise in the future. under the circumstances, your auditors are correct.
Please let me know if you need a reference from the standard.
thanks
zubair

« Next Oldest | Next Newest »

Users browsing this thread: 12 Guest(s)

Messages In This Thread

N R V ??? which price is to be taken?? - by smraza - 10-28-2003, 05:48 AM

[No subject] - by smraza - 11-01-2003, 06:10 AM

[No subject] - by zubair - 11-01-2003, 10:51 PM

[No subject] - by smraza - 11-02-2003, 07:27 AM

[No subject] - by Pervez - 11-02-2003, 08:11 AM

[No subject] - by zubair - 11-02-2003, 08:23 AM

[No subject] - by Pervez - 11-02-2003, 09:06 AM

[No subject] - by zubair - 11-02-2003, 02:15 PM

[No subject] - by Pervez - 11-02-2003, 08:02 PM

[No subject] - by smraza - 11-02-2003, 09:21 PM

[No subject] - by zubair - 11-02-2003, 10:48 PM

[No subject] - by zubair - 11-02-2003, 11:04 PM

[No subject] - by smraza - 11-03-2003, 06:46 AM

[No subject] - by Pervez - 11-03-2003, 08:04 AM

[No subject] - by zubair - 11-03-2003, 10:15 AM

[No subject] - by Pervez - 11-03-2003, 07:41 PM

[No subject] - by smraza - 11-03-2003, 10:03 PM

[No subject] - by zubair - 11-03-2003, 10:53 PM

[No subject] - by smraza - 11-04-2003, 06:47 AM

[No subject] - by zubair - 11-06-2003, 05:56 AM

[No subject] - by zubair - 11-06-2003, 06:04 AM

[No subject] - by smraza - 11-06-2003, 07:50 PM

[No subject] - by Paki - 11-11-2003, 05:18 PM

[No subject] - by smraza - 11-11-2003, 06:37 PM

[No subject] - by Paki - 11-20-2003, 01:04 AM

[No subject] - by smraza - 11-21-2003, 12:33 AM

[No subject] - by Paki - 11-27-2003, 07:12 PM

[No subject] - by zubair - 11-29-2003, 10:18 PM

[No subject] - by Javaid - 04-25-2004, 03:17 AM

[No subject] - by smraza - 04-26-2004, 06:12 PM

[No subject] - by Javaid - 04-29-2004, 06:34 AM