SSAP 9: Stocks and Long Term Contracts

SSAP 9 considers the valuation of stocks, work in progress, and the presentation of these items in financial statement. Andrew Harrington explains

SSAP 9 has been around since 1975 (with a couple of revisions), and seems unlikely to be replaced in the immediate future. It considers the valuation of stocks and work in progress, and the presentation of these items in the financial statements.

So why account for stock in the first place? Remember that closing stock appears in two places in the financial...

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at [email protected] for more information or call +44 (0) 208 950 9117.

Top