Corporate DisclosureSONALIANSH
SONALIANSH Corporate Disclosure — 11 December 2018
Announcement summary
- What happened
- SONALIANSH published a corporate disclosure on 11 December 2018. Read the full announcement for details.
- Company
- Sonali Aansh Industries Limited
- Announcement published
Original announcement
(Continuation news of SONALIANSH): 8. As per the accounting policy adopted by the Company, revenue is recognized when deliveries are made and risk of ownership has been transferred to the customer. But while making the actual transactions, the Company has recognized sales revenue (Note: 24) at the time of realization of receivables from the respective customers which is inconsistent with the policy adopted by the Company and also inconsistent (cont.6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005af4b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SONALIANSH
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.