THE DRAWBACKS OF IFRS: DISCLOSURE OF INFORMATION ABOUT INVENTORY
https://doi.org/10.26794/2408-9303-2016--2-6-15
Abstract
This article is the third in the cycle of articles about the drawbacks of the International Financial Reporting Standards (IFRS). This cycle aims at exchanging opinions and discussing the possible ways to improve the IFRS.This article is the last in the cycle of articles about the drawbacks of IAS 2 “Inventories”. The first article focused on defining what inventory is, the second one discuses the problem of their valuation. In this paper the authors criticize the recommendations of IAS 2 “Inventories” about disclosing information about inventory in financial reporting.
About the Authors
IGOR Sukharev
Ministry of Finance of the Russian Federation
Russian Federation
Russian Federation
OKSANA Sukhareva
Accounting Development Foundation
Russian Federation
Russian Federation
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Review
For citations:
Sukharev I., Sukhareva O. THE DRAWBACKS OF IFRS: DISCLOSURE OF INFORMATION ABOUT INVENTORY. Accounting. Analysis. Auditing. 2016;(2):6-15. (In Russ.) https://doi.org/10.26794/2408-9303-2016--2-6-15
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