Webketoan PRO

net realisable value

Article ID: 2082
Last updated: 16 Feb, 2022

The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale. Net realisable value refers to the net amount that an entity expects to realise from the sale of inventory in the ordinary course of business. Fair value reflects the amount for which the same inventory could be exchanged between knowledgeable and willing buyers and sellers in the marketplace. The former is an entity-specific value; the latter is not. Net realisable value for inventories may not equal fair value less costs to sell.

(According to International Accounting Standards IAS 2)

Đánh giá bài::  
Báo lỗi bài viết
Article ID: 2082
Last updated: 16 Feb, 2022
Bản cập nhật: 1
Lượt xem: 24
Bình luận: 0
Ngày đăng: 16 Feb, 2022 by Nguyễn Chinh - Công ty Tâm An
Ngày cập nhật: 16 Feb, 2022 by Nguyễn Chinh - Công ty Tâm An
Tags