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Module 1: Avaliação e gravação das ações

Nota de Estudos
Study Reminders
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Avaliação e gravação de Estoque

Set your study reminders

We will email you at these times to remind you to study.
  • Monday

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    7am

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    Tuesday

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    7am

    +

    Wednesday

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    7am

    +

    Thursday

    -

    7am

    +

    Friday

    -

    7am

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    Saturday

    -

    7am

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    Sunday

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    7am

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Accounting - Stock - recording and valuation

Stock - recording and valuation

Aspects of stock recording and valuation:

* source documents

* ledgers

* reports

* stock write down, lower of cost and net realisable value

* principle of conservatism

* identified cost/FIFO - applications in stock cards, merits and weaknesses

* physical/perpetual - recording/reporting, merits and weaknesses

Stock cards may be used as the basis for the preparation of ledger
accounts. In the example that follows you are required to prepare a stock
card using both FIFO and identified cost. The stock control account
will then be prepared from the relevant stock card.

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