on 2024 Jun 17 9:29 AM
HI ALL
I come from China. And I have a customer which is a global company and it have some sub factory in Czech Republic\ Poland \ France.
They asked me a question: The profit and loss statement issued by their EU company does not have operating costs, and the material cost + labor cost + other expenses shown in the statement, may I ask whether such a statement is really required in the income statement of Eastern Europe?
As for the material cost shown by them according to the development report (which obtained the material consumption data of the material account), the audit thinks that the current credit number of the inventory account is needed to sort out the material cost, do you have any similar project experience in issuing statements?
thanks in advance.
Darcy
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