Global Standards for the world economy

Friday 15 January 2021

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Core inventories

Property, Plant and Equipment, Inventories: Core inventories

 Issues rejected (agenda decision)

IAS 16 Property, Plant and Equipment and IAS 2 Inventories: ‘Core inventories’

The issue is whether ‘core inventories’ held in an entity’s own facilities should be accounted for as inventories or as property, plant and equipment (PP&E).

Project stages


Completion date: November 2014