Advance Payment for Fixed Asset should be current Assets or Fixed Assets

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October 16, 2017 at 11:23 am #411817
faraz279
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Hi;
Dears, i have one confusion is there is any criteria so we can make advances made to fixed assets suppliers should be part of fixed assets because if we show these in current assets its gonna make better liquidity of company that can be material factor for shareholders.
October 16, 2017 at 1:02 pm #411861
jamesyeung
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From the auditor’s view you dont actually have the fixed asset at your office.
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