SOLUTIONS TO IMPROVE NON-CURRENT ASSET ACCOUNTING AMONG GARMENT ENTERPRISES IN HUNG YEN PROVINCE

Abstract

Noncurrent assets play critical roles in garment manufacturing enterprises. They are considered as conditions to ensure the production continuity and improvement of product quality. However, the management, utilization and accounting of non-current assets in garment businesses are still inefficient and inadequate in comparison with the actual use of assets within organizations, which brings about inaccurate accounting and low economic efficiency.
This article focuses on examining the current status of depreciation accounting for non-current assets in garment enterprises in Hung Yen province and proposing several solutions to tackle the problems related to non-current asset accounting in garment businesses.