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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › missing topic i cant understand..
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?
You can find lectures in the Accounting for Inventory section of the F3 lectures.
can you guide me to which video or chapter exactly in f3 because i haven’t started learning f3 yet..
It is Chapter 9 – Inventory and IAS2
The only part of it that is needed for Paper F2 is Example 5 in the notes.
