Dear,
What are the arguments to implement a perpetual inventory system for a big company, compared to periodic inventory? Does IFRS requires the use of reporting daily inventory movements for certain size of companies? Are there any arguments from auditing purposes?
Thanks,
Dirk
IAS 2: Perpetual or periodic inventory
Re: IAS 2: Perpetual or periodic inventory
https://www.investopedia.com/terms/p/pe ... entory.asp
There are no IFRS requirements in this are.
Who are you if I may ask? Selling software?
There are no IFRS requirements in this are.
Who are you if I may ask? Selling software?