STOCK, WORK IN PROGRESS, PLANT AND MACHINERY AND FIXTURES AND FITTINGS
This chapter gives advice on realising assets commonly encountered when dealing with a business – stock, plant and machinery, fixtures and fittings, goods on hire and work in progress.
The chapter does not give substantive advice on protecting the assets – which is the preserve of Chapter 31.0, and the chapter should be read in conjunction with Chapter 8, which gives advice on matters to be dealt with when dealing with the inspection of a business premises and Chapter 59, which gives advice on dealing with less commonly encountered types of businesses.
This chapter is divided into four Parts, as follows:
Part 1 - Stock, work in progress, plant and machinery and fixtures and fittings - general (paragraphs 31.6.2 to 31.6.12)
Part 2 – Realising stock (paragraphs 31.6.13 to 31.6.75)
Part 3 – Realising work in progress (paragraphs 31.6.76 to 31.6.88)
Part 4 – Realising plant and machinery and fixtures and fittings (paragraphs 31.6.89 to 31.6.100)
[On to Part 1 - Stock, work in progress, plant and machinery and fixtures and fittings - general]