ARCHIVE: Farm stocktaking valuations, 1st edition Nov 2012-Dec 2016
Farm stocktaking valuations are required to assess the closing stock value, and thereby the proper profits or losses of a farming business, for inclusion in financial statements.
The aim of this guidance note is to assist professionals providing farm stocktaking valuations to correctly confirm instructions and prepare reports to clients that are Red Book-compliant, so as to ensure the highest standards of professionalism and clarity.
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