IND AS 2 Inventories – CA Final – Financial Reporting – Revision Series
IND AS 2 – Inventories Definition – Are Assets that are 1. Raw Material 2. Work in Progress 3. Finished Goods Measurement – Should be measured at Cost or NRV Whichever is less Valuation – FIFO , Weighted Average, Standard Costing, Retail Inventory Disclosure : Policy, Carrying Amount, Units, Valuation technique, Pledge
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