RepoToronto

well ... there is minor changes in some of the LOS .. for example they changed from discuss to explain

this what have been changed in inventory reading

a. explain and calculate the effect of inflation and deflation of inventory costs on the financial statements and ratios of companies that use different inventory valuation methods (cost formulas or cost flow assumptions);
b. discuss (explain) LIFO reserve and LIFO liquidation and their effects on financial statements and ratios;
c. demonstrate how to adjust (convert) a company’s reported financial statements from LIFO to FIFO for purposes of comparison;
d. discuss (describe) the implications of valuing inventory at net realisable value for financial statements and ratios;
e. analyze and compare the financial statements and ratios of companies, including those that use different inventory valuation methods;
f. discuss (explain) issues that analysts should consider when examining a company’s inventory disclosures and other sources of information

you have to be careful if they added calculate or compute

good luck ...