Assessments of Sales Contracts of Operations as a Complex
The assessment of sales contracts of operations as a complex is an inspection with a limited scope. The lists of assets and liabilities transferred under the company’s purchase and sales contracts are reconciled with the records in the general ledger and the long-term asset register. A comparison is made between the sales price of the assets and liabilities transferred under the purchase and sales contracts with their carrying values reflected in the general ledger and the long-term asset register. The inspection is followed by an appropriate expert assessment.