Web17 Ind AS 1 Presentation of Financial Statements; 18 Ind AS 2 Inventories; 19 Ind AS 7 Statement of Cash Flows; 20 Ind AS 8 Accounting Policies, Changes in Accounting Estimates and Errors; 21 Ind AS 10 Events after the reporting period; 22 Ind AS 12 Income Taxes; 23 Ind AS 16 Property, Plant and Equipment; 24 Ind AS 19 Employee Benefits WebApr 11, 2024 · India Post GDS 2nd Merit List 2024 has been released at indiapostgdsonline.gov.in. Get Direct Link to Download State-Wise PDF Here. India Post 2 nd Merit List 2024 Download: India Post has ...
Inventory Ind As 2 PDF Inventory Cost - Scribd
WebAS 2 – VALUATION OF INVENTORIES Applicability Accounting Standard 2 – Valuation of inventories is a measurement standard having far reaching implications on the financial … WebAs per IND AS 2 “Valuation of Inventories”, inventories are assets held for sale in the ordinary course of business. Stock of empty bottles existing on the Balance Sheet date is the inventory and Night Ltd. has detailed controlled recording and accounting procedure which duly signify its materiality. high temp tacky tape
ICAI - The Institute of Chartered Accountants of India
WebJan 11, 2024 · Indian Accounting Standards AS2 - Valuation of Inventories Akhilesh Krishnan • 91 views Ind As 2 inventories sathishpalankar • 107 views abc NRajeshwaran1 • 1 view Unit 2.pptx RiyaSingh536187 • 7 views Corporate Reporting - MFRS102, IAS2: Inventory Dayana Mastura FCCA CA • 464 views As 02 Praveen Kumar • 1.8k views Ias 02 - … WebYou are required to value the closing inventory as on 31st March, 2024 with reference to Ind AS 2. Solution Calculation of cost for closing inventory (Finished Goods) Particulars ` Cost of raw material consumed (Refer W.N.) (20,400 kg. x `10 per kg.) 2,04,000 Direct labor 1,53,000 Fixed overhead 1,50,000 30,000 𝑥 20,400 1,02,000 WebInd AS-2: 2 Inventories 1. It applies to all assets except: (a) financial instruments (b) biological assets agricultural produce at the point of harvest 2. It does not apply to the measurement of inventories held by: (a) producers of agricultural and forest products, agricultural produce after harvest, high temp tape