used in the operation of the business, (3) to assess the adequacy and appropriateness of the allowance for inventory, and (4) to review and adjust the data used to measure the fair value of biological
were not in compliance with the generally accepted accounting standards. Besides, the auditor did not satisfy with supporting evidence with regard to the audit of inventory balance as at December 31
success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this
2,858,433 Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods
months 13,327 3,880 Total accounts receivable ‐ other companies 3,696,423 3,485,532 Less : Allowance for doubtful accounts (14,378) (17,143) 3,682,045 3,468,389 Inventory In general
insufficient inventory space. The cost per unit therefore increased significantly. Which the company has already built a factory to solve the said problem. However, the company could maintain the level of
Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for
3,995,297 Less : Allowance for doubtful accounts (4,064) (9,274) 3,482,466 3,986,023 Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory
accounts receivable ‐ other companies 3,625,326 3,306,502 Less : Allowance for doubtful accounts (10,307) (28,351) 3,615,019 3,278,151 Inventory In general, Hana's production is based on clients