nznewbe
Member
Hi,
We supply products to customers on loan and therefore transfer items from Inventory to Fixed Assets. Our auditors are asking if there is any chance that the asset item could be created and it still reside in Inventory (ie, could it be double counted?).
Thanks
We supply products to customers on loan and therefore transfer items from Inventory to Fixed Assets. Our auditors are asking if there is any chance that the asset item could be created and it still reside in Inventory (ie, could it be double counted?).
Thanks