IAS 2 – Inventories

OVERVIEW

Course Information

Certificate on Completion

The learning outcomes from this accounting standards CPD course include:

1. The requirements on how to account for most types of inventory.
2. Outlining the acceptable methods of determining cost, including:
   
   • Specific identification;
   • First-in first-out (FIFO); and
   • Weighted average cost

This course is made up of videos, questions and additional reading materials and accounts for 2 units of CPD. One unit is the equivalent of one hour of learning.

A certificate will be issued once you have completed all 2 units.

This course is made up of the following sections: