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标题: Revaluations under US GAAP [打印本页]

作者: lxwarr30    时间: 2011-7-11 18:43     标题: Revaluations under US GAAP

Hi all,

Quick Q. Does USGAAP allow revaluation of inventories? I know it does not allow impairment reversal (while IFRS does) but how about inventories?
作者: sdada    时间: 2011-7-11 18:43

US GAAP Lower of cost or Market, IFRS Net realizable value....essentially the samething
作者: kmf229    时间: 2011-7-11 18:43

cheers chung




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