CERTIFICATE FORMAT
This query is : Resolved
30 June 2010
PLEASE PROVIDE ME FORMAT OF CERTIFICATE FROM TAKEN BY MANAGEMENT FOR VALUATION OF CLOSING STOCK
Aditya Maheshwari
(Expert)
30 June 2010
There is no format as such for the same.
It will form part of the represenation letter for financial statements and in the same you can write the method of valuation of stock and that stocks are valued at cost or market value whichever is lower.
It will form part of the represenation letter for financial statements and in the same you can write the method of valuation of stock and that stocks are valued at cost or market value whichever is lower.
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