CERTYNEX IFRS ACADEMY

The consolidation team of the Ostrane group is drawing up the checklist of disclosures on inventories required by IAS 2. Select the items that must appear in it.

The accounting policies adopted in measuring inventories, including the cost formula used.

The replacement cost of each category of inventories at the year-end.

The total carrying amount of inventories and the carrying amount in classifications appropriate to the entity.

The amount of inventories recognised as an expense during the period.

The estimated selling price of each item written down.