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Ch.10 - Inventories - IAS2 This assignment is related to chapter Ten. Once you select the company of choice and have downloaded its annual
Ch.10 - Inventories - IAS2 This assignment is related to chapter Ten. Once you select the company of choice and have downloaded its annual report, prepare a report containing: Instructions: do the points for adidas company Disclosures relating to inventories - IAS2 The main disclosures required by IAS2 are made in the notes which form part of the financial statements. For each item below, write a brief description (only few lines) about: a. The accounting policies adopted in measuring inventories, including cost formulas. b. The total carrying amount of inventories (i.e. the amount at which the inventories are shown or "carried" in the entity's financial statements) together with an analysis into appropriate categories. c. The amount of inventories recognised as an expense during the period." d. The amount of any write-down to net realisable value during the period and the amount of any reversal of previous write-downs.
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