Hi, How is the indish law (Act.1958) with work in progress (WIP) for a service company? I can not find in act 1958 how it's managed this in India. Can somebody tell, if this is usual? I found it in IAS, and this is more or less equal to IFRS. I found a example for a textilmanufactur, but not for a service company. If you need a example, ask :-)
thanks for the feedback