请高人解答一下，和US.GAAP比较，IFRS在对inventory的处理方面有什么优势？？谢谢！！

发布网友发布时间：2022-05-15 03:05

共1个回答

热心网友时间：2023-10-05 14:09

under US GAAP
A variety of inventory costing methodologies such as LIFO, FIFO, and/or weighted-average cost are permitted.

For companies using LIFO for US income tax purposes, the book/tax conformity rules also require the use of LIFO for book accounting/reporting purposes.(The use of LIFO, however, is precluded under the IFRS GAAP).

Reversals of write-downs are prohibited under the US GAAP, reversals of intentory write-downs (limited to the amount of the original write-down) are required for subsequent recoveries under the IFRS GAAP. Thus, under IFRS companies might experience greater earnings volatility in relation to recoveries in values previously written down.