PPT-INDIAN ACCOUNTING STANDARD 2 INVENTORIES

INVENTORIES OBJECTIVE It Prescribe the accounting treatment of inventories It Deals with the determination of cost It determines Subsequent recognition as an expense including any writedown to NRV. Hong Kong Accounting Standard 2 HKAS 2 Revised Ju ly 2012 February 201 4 Effective for annual periods beginning on or after 1 January 2005 HKAS 2 1163 Agriculture (The Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles. Objective Th 1 First - time Adoption of Indian Accounting Standards ( This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type ind 435 Consolidated Financial Statements (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main pri 525 Fair Value Measurement (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) O 934 Investment s in Associates and Joint Ventures (This Indian Accounting Standard includes paragraphs set in bold t ype and plain type, which have equal authority. Paragraphs in bold type indica 1110 Indian (Ind AS) 38 Intangible Assets ( This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the 832 19 Employee Benefits (This Indian Accounting Standard includes paragraphs set in bold t ype and plain ty pe, which have equal authority. Paragraphs in bold type indicate the main principles. 803 Indian (Ind AS) 17 Leases (This India n Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principl 700 Indian (Ind AS) 7 Statement of Cash Flows (This Indian Accounting Standard includes paragraphs set in bold t ype and plain type, which have equal authority. Paragraphs in bold type indicat Julia . Makarieva. Jennifer . Waclawik. Becky Fay . Grayson . Schrantz. Alex Perez. Definition of Inventory. US GAAP- considered more. rules based. IFRS- considered more principle based. The. aggregate of those items of tangible personal property that are:. Presented by:. CA Verendra Kalra. ORGANISED . BY. . ON. AUG 05, 2008. AT. ONGC. . 2. ACCOUNTING STANDARD – 12. OVERVIEW. . ACCOUNTING STANDARD – 12. ILLUSTRATIONS. DISCLOSURES. REFUND. RECOGNITION. PrimeGlobal. Janne . Fredman. @. JanneFredman. 11.10.2019. Presentation of Finnish accounting process framework – multinational business calls for in depth country specific consideration. How to combine compliance requirements with effectiveness... BY UTSAV PALAN.. Points to be covered under IND AS-20 are as follows:. Introduction.. Scope.. Definitions.. Recognition of Government Grant. . Accounting Of Government Grant.. Disclosures.. INTRODUCTION TO IND AS-20.