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International Accounting Standard 2

International Accounting Standard 2. INVENTORIES. IAS 2. History. Originally IAS 2; Valuation and presentation of Inventories in the context of the Historical cost system issued in October 1975 . Replaced by IAS 2; Inventories issued by IASC in December 1993 .

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ACCOUNTING STANDARD -2

ACCOUNTING STANDARD -2. VALUATION OF INVENTORIES. PURPOSE. Specifies the principals for valuing the inventory. Disclosure of the specific policies adopted by the management for the valuation of inventory. SCOPE. This statement should be applied in accounting for inventories other than :

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ACCOUNTING STANDARD -2

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Total carrying amount - PowerPoint PPT Presentation

International Accounting Standard 2

ACCOUNTING STANDARD -2

ACCOUNTING STANDARD -2