IAS 2 - inventories

Descrição

BA (Hons) 2:1 Cert Ed PGCE AAT4 Mapa Mental sobre IAS 2 - inventories, criado por Liz Barraclough em 22-09-2015.
Liz Barraclough
Mapa Mental por Liz Barraclough, atualizado more than 1 year ago
Liz Barraclough
Criado por Liz Barraclough mais de 10 anos atrás
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Resumo de Recurso

IAS 2 - inventories
  1. Definition
    1. Finished Goods
      1. Work in Progress
        1. Raw Materials
        2. What's included
          1. Cost of purchase
            1. Cost of conversion
              1. other costs incurred e.g. carriage inwards
              2. What's not included
                1. abnormal waste
                  1. Storage
                    1. admin overheads
                      1. selling costs
                        1. foreign exchange differences
                          1. Interest costs
                          2. Valuation
                            1. Lower of cost or net realisable value
                              1. FIFO
                                1. AVCO
                                  1. NOT LIFO

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