Non current assets or fixed assets, Auditing

Non Current Assets or Fixed Assets

In usual countries, not current assets are commonly classified like:

a) Intangible assets

  1. Patents
  2. Licences
  3. Development Costs
  4. Goodwill

b) Tangible Assets

  1. Land and buildings
  2. Plant and Equipment
  3. Furniture, fixtures and fittings

c) Investments

  1. Loans
  2. Shares
Posted Date: 1/25/2013 1:43:55 AM | Location : United States







Related Discussions:- Non current assets or fixed assets, Assignment Help, Ask Question on Non current assets or fixed assets, Get Answer, Expert's Help, Non current assets or fixed assets Discussions

Write discussion on Non current assets or fixed assets
Your posts are moderated
Related Questions
Specialized Audit Situations Companies carry on thousands of different types of trade, business or professional activities.  It is not possible in a manual on general auditing

Questionable Payments In some countries, business is often gained by bribing ministers or public officials or officers of companies or firms with whom one wishes to do business

Valuation and Allocation - Audit Process As we saw assets are usually valued at cost or a valuation less a provision for usage or loss of value.  We have to ensure therefore t

A. Board of Directors Best Buy's Board is elected by the shareholders to oversee the business and affairs of the company.  The board counsels, advises and oversees management wi

The Business Risk Approach to Auditing In recent years the broader concept of business risk has been developed by the larger firms. It was the subject matter of the ICAEW audit

Audit of Accounting Estimates An accounting estimate is described in ISA 540 Audit of Accounting Estimates as 'an estimation of the amount of an item in the absent of a precis


Explain appropriate audit procedures you would apply in verification of cheque payments.

I have some questions in ACL PROGRAME . IF YOU CAN HELP ME

Audit of Assets- Audit Process Non current assets have the fundamental characteristic which they are held for require in the business and not about resale. IAS 1 Presentation