What do you think?
Rate this book
Physical Verification of Fixed Assets
Fixed Assets play a momentous role in an organization so much so that we are always inquisitive about the revenue earned as a fraction of Fixed assets.
We account for the wearing of Fixed assets i.e. depreciation and offset the same along with COGS and operating expenses from the Operating revenue to arrive at a more realistic picture of the financial performance of an entity.
Depreciation thus is kind of an operating expenses there by making the correct recording of FA and depreciation all the more momentous.
We account for the wearing of Fixed assets i.e. depreciation and offset the same along with COGS and operating expenses from the Operating revenue to arrive at a more realistic picture of the financial performance of an entity.
Depreciation thus is kind of an operating expenses there by making the correct recording of FA and depreciation all the more momentous.
52 pages, Kindle Edition
Published March 18, 2025
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
No one has reviewed this book yet.