計算 opening WIP 有冇違反 Accrual concept / Matching concept?

Question

計算 opening WIP 有冇違反 Accrual concept / Matching concept?

因為opening WIP 不是今年生產的,

Accrual concept / Matching concept: the sales and the related cost are matched in the same account period.


thanks~~

Answer 1

因為opening WIP 不是今年生產的,
但是今年sales的成本

所以係冇違反 Accrual concept / Matching concept

而closing WIP 是今年生產的,
但不是今年sales的成本
所以exclued in manufacturing account

Answer 2

Accrual concept - transactions and events shall be dealt with in the financial statements of an entity when incurred, rather than when the cash or received or paid.


matching concept - profit or loss of an entity shall e calculated with matching the incomes earned with the costs and expenses incurred.

你都話，opening work in progress
只是inventory

accrual concept只是金錢要給(欠的錢)
即creditior

同inventory冇關

matching concept即今年的profit/ loss要入
但是你s貨都未sales

另外，如果d 貨賣唔到咁多錢(如唔興, d貨有事)，都會有個impairment loss
impairment loss就已經入咗incpme statement


所以，今年賺唔到，下年入(impairment loss入income statement)，唔關事ge