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	<title>Comments on: How do I do a stocktake?</title>
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		<title>By: Alastair Wood</title>
		<link>http://awaccs.co.uk/business-advice/how-do-i-do-a-stocktake/comment-page-1#comment-737</link>
		<dc:creator>Alastair Wood</dc:creator>
		<pubDate>Wed, 13 Apr 2011 08:41:21 +0000</pubDate>
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		<description>Suresh

It depends on what accounting administration you are under but most countries are similar to the UK GAAP, so lower of cost and net realisable value.  International standards which are coming seem to have a more subjective nature to them so keep an eye out.

Alastair</description>
		<content:encoded><![CDATA[<p>Suresh</p>
<p>It depends on what accounting administration you are under but most countries are similar to the UK GAAP, so lower of cost and net realisable value.  International standards which are coming seem to have a more subjective nature to them so keep an eye out.</p>
<p>Alastair</p>
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