Inventory (IAS 2) | Course - Online | CGMA Store
Inventory (IAS 2)

Financial accounting & reporting

Course

Inventory (IAS 2)

  • Format

    Course - Online

  • Duration

    1h

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today’s global business environment.

Learning outcomes

  • • Recall how the initial measurement of inventory is determined.
  • • Identify the cost formulas that are permitted by IAS 2, Inventories.
  • • Recall how to calculate the appropriate carrying amount of inventory at the reporting date.

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout

Product information

Overview

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today’s global business environment. This course addresses requirements of IAS 2, Inventories, including the following: • Definition of inventory, including assets excluded from the scope of the definition • Measurement methods • Write-downs to net realizable value • Cost formulas used to assign inventory value This course includes interactive learning elements, video content, and real-life application through case studies. Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program.

Who should take this course?

  • • Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
  • • Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Professional development

This Course - Online offers 1 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Duration:1h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout