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IAS 2 Inventory explained in 3 minutes. Learn inventory valuation under IFRS including FIFO, Weighted Average, and what IAS 2 does NOT allow. This video simplifies IAS 2 Inventory for accounting students, ICAN, ACCA, and university exams. Covered in this video: • Meaning of inventory under IAS 2 • Cost of inventory • FIFO vs Weighted Average • Why LIFO is not allowed • Net Realisable Value (NRV) 📘 Perfect for: Accounting & finance students, ICAN, ACCA, IFRS learners 👍 Like | 🔔 Subscribe | 📤
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