THE EFFECT OF THE PROCESS OF VERIFICATION AND VALUATION OF ASSETS IN AN OIL AND GAS COMPANY
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The fact that there was an entry has been found the purchase of an asset and which 'entry has been to be correctly recorded is not proof that the assets are in possession of the concern at the date of the balance sheet. It is possible that after the asset has been acquired and the necessary entries made in the books of ...
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