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What are the necessary costs used for inventory measurement?

and do the foreign exchange differences arising directly on the recent acquisition of inventories considered as part of these costs?

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Question ajoutée par Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate
Date de publication: 2014/05/06
Rashad Habeeb NV
par Rashad Habeeb NV , Audit Assistant , Varma & Varma Chartered Accountants

all costs which are incured directly in connection with the procurement of inventory will form part of the inventory cost

Akram Massoud
par Akram Massoud , FINANCE MANAGER , Autoexcellence LTD

inventory cost likely will be comprised of the purchase price, as well as any transportation costs paid by the distributor to ship the inventory from the supplier to the distributor’s place of business.

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