Inventory - cost versus NRV: write-downs (for the CFA Level 1 exam)

Описание: Inventory Measurement - Cost versus NRV: write-downs (for the CFA Level 1 exam) explores the subsequent measurement of inventory under IFRS. We discuss the need to present inventory at the lower of cost and net realisable value (NRV) and present how a write-down is performed when NRV is lower than cost.

This video explores topics covered in Lesson 2, Learning Module 6 of the Financial Statements Analysis section of the 2026 CFA Level 1 Curriculum.

LOS:
describe the measurement of inventory at the lower of cost and net realisable value and its implications for financial statements and ratios

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