IAS2 Inventory Standards

IAS 2 Inventory Standards

IAS 2 is the International Accounting Standard that relates to inventories (stock). This determines how we value the inventory […]

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What is Net Realisable Value (NRV) in Accounting?

What is Net Realisable Value in Accounting?

Net Realisable Value (NRV) is the amount by which the estimated selling price of an asset exceeds the sum […]

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Accounting for inventory

Accounting for Inventory

Accounting for inventory (stock) is a task that many businesses will face. Businesses who buy and sell goods rather […]

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What Happened to Carillion Plc?

What Happened to Carillion Plс?

The construction firm Carillion, which is involved in a hоѕt of major government projects including HS2, has gone into […]

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Emily Jones: an AAT success

Emily Jones: an AAT Success

Emily has recently completed our level 4 AAT professional course with a distinction! She completed the qualification as a […]

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Share Valuations

Share Valuation

People in business may be interested in knowing exactly what the basics of a stock valuation consist of. Let’s […]

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The Conceptual Framework for Financial Reporting defines a liability as ‘a present obligation arising from past transactions or events, […]

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What's the difference between an accountant and chartered accountant?

What’ѕ the Difference between an Accountant and a Chartered Accountant?

When you’re making a comparison between a chartered accountant and a regular accountant, you’ll find that there are several […]

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