• In this session, the chapter inventory valuation has been fully explained. The chapter consists of

  • Definition of inventory
  • IAS 2
  • Definition of cost
  • Example on calculation of inventory
  • Inventory valuation methods:
  1.      FIFO
  2.     LIFO
  3.      AVCO
  • Advantage and disadvantages of LIFO, FIFO and AVCO
  • Examples.

  The notes have been uploaded in the exercise section.

• Session 5: Inventory valuation

  • Inventory valuation
    • Inventory valuation 21 mins
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      Inventory valuation

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• Excercise Files

  • Inventory valuation
    • Notes

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