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missing topic i cant understand..

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › missing topic i cant understand..

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 18, 2015 at 8:46 am #261042
    omar
    Member
    • Topics: 2
    • Replies: 2
    • ☆

    i was learning and listening to chapter 5 inventory control and was really satisfied with the lectures till i decided to read my book to see if i missed anything and its under the chapter accounting for materials in my book but then the last few pages had these topics
    FIFO
    LIFO
    AVCO
    and periodic weighted average..

    i understood the basic idea of either earlier stock is first served or later stock at that price but the examples confused me completely..i tried reading and understanding them but i couldn’t quite understand them at all..is there anyway you could explain them to me?

    July 18, 2015 at 9:17 am #261046
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54758
    • ☆☆☆☆☆

    You can find lectures in the Accounting for Inventory section of the F3 lectures.

    July 18, 2015 at 9:29 am #261047
    omar
    Member
    • Topics: 2
    • Replies: 2
    • ☆

    can you guide me to which video or chapter exactly in f3 because i haven’t started learning f3 yet..

    July 18, 2015 at 10:36 am #261051
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54758
    • ☆☆☆☆☆

    It is Chapter 9 – Inventory and IAS2

    The only part of it that is needed for Paper F2 is Example 5 in the notes.

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