Posted inFinancial Accounting

Inventories: Comparison between MPSAS 12, MFRS 102 and Section 13 of MPERS

This article discusses and compares the accounting treatment for inventories under MPSAS 12, MFRS 102 and Section 13 of MPERS. It highlights the main differences in the accounting treatment for inventories under the three standards. This article, however, will not cover the discussion on which entity will use which standard as this discussion. Instead, the […]