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What is floating assets? how an internal auditor have to verify it?
Posted by:
santhosh prasanna Gowthaman
04-February-2016

Fictitious & Floating Assets....!

Cost Accounting Financial Accounting Financial Analysis Fixed Assets Financial Statements

Question added by Khaliq Raza MBA MS CFE AFA , Senior Accountant , ARCO TURNKEY SOLUTIONS CONTRACTING LLC
Date Posted: 2017/03/18

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by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

Fictitious Assets Definition: Assets, which have no market value, are called fictitious assets. Examples of fictitious assets are preliminary expenses, loss on issue .

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