IAS 2 - Inventories (2021 update)


The learning outcomes from this CPD accounting standards 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.