Estimating the date the asset was put to use?

Hey all....well i am faced with this wicked situation.

In this Co,the Govt gives grant inorder to do Interior Decorations work. They give the work to various govt contractors. When i went through their Interior Decorations A/c i was only able to see the entries realting to the amounts given to those Govt. Contractors. I am not able to assess what assets were included in these so called 'Interior decoration' inorder to prepare the FA Schedule. Also more importantly i am not able to assess the date on which the asset was put to use. Is 'Management Representation' the only solution to this? Please help!

Replies (1)

There are other ways of connecting corraborative evidence like some pooja performed to start the asset,electrical connection given,some Govt permission,Report given to some one on commencement,or some such thing to support your argument .

kkm

 

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