occupational hazard at its funniest. email thread after reading abt missing millions at M1 as reported in Business Times, 23 Nov.
GYY@14:56: "Imagine when the company takes over the ownership of the stingray... they will have to record that under PPE – Stingray.... Depreciated over estimated lifespan of a stingray of n years...."
YRC@15:13: "Eh? Stingray is PPE? No what i will record it as Inventory.....got sales value....why u record under ppe?"
Me@15:15: "Inventory fail la. Doesn’t meet FRS 2 requirement of inventory for telcos."
YRC@15:16: "Ok (GYY) and i have decided to write off and peng kang"
oh. em. gee.
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