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What accounting standards deal with inventory?

Accounting Auditing Cost Accounting Financial Reporting Finance
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Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2015/12/02
Upvote (1) Views (0) Followers (8) Answers (6) Report Question
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حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>

ADITYA SHARMA
by ADITYA SHARMA , Manager , DELOITTE AND TOUCHE

International Accounting Standard2 Deals with Inventory

Md Aminur Rahman
by Md Aminur Rahman , Auditor , Masih Muhith Haque & co.

International Accounting Standard2

Arif Hussain
by Arif Hussain , Accounts Payable , Pakistan

  • IAS1 — Presentation of Financial Statements.
  • IAS2 — Inventories.
  • IAS7 — Statement of Cash Flows.
  • IAS8 — Accounting Policies, Changes in Accounting Estimates and Errors.
  • IAS — Events After the Reporting Period.
  • IAS — Construction Contracts.
  • IAS — Income Taxes.
  • IAS — Segment Reporting (Superseded)

Deleted user

IAS2 deals with inventory.

Sohail Lone
by Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

IAS2 Inventory should be recognized at lower of cost and net realizable value

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