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Posted by
Admin at
Hi
As far as I know all the balance sheet open items such as Accounts
Receivables and Accounts Payables have to be included in the revaluation.
Some non-open items also need to be included i.e. cash & cash equivalents
and prepaid expenses.
B/S accounts that need to be excluded are the ones that are valued by
historical cost, i.e inventory, fixed assets, equity.
Hope that helps.
Regards,
Arman
| | | ---------------Original Message---------------
From: jim
Sent: Sunday, September 18, 2011 3:35 PM
Subject: F.05 Revaluations
I am looking for some guidance as to what type of accounts should be included or excluded in the revaluation variants. I realize that this is a pretty broad question but any comment or help is appreciated.
This is for a US based company with overseas subsidiaries. |
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