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Educational material 8 - Application of IFRS Standards in light of the Coronavirus Disease (COVID-19) Uncertainty –IAS 2 Inventories

Overview

This educational material sets out the financial reporting considerations arising from COVID-19 for inventory write downs and the impact on net realisable value in terms of IAS 2 paragraph 9.
AuthorSAICA Accounting Practices Committee
DivisionCPR - Financial reporting
Keywords
SAICA
Educational material
Financial Reporting
Application of IFRS
COVID-19
Inventories
IAS 2
Categories
Financial Reporting
DateApril 2020
FileDownload PDF