CFA Level 1: Inventories - Part 1 Video

This video by Arif Irfanullah discusses the key aspects of inventory management, as a part of the CFA Level 1 syllabus.

This video discusses:

• Capitalize vs. Expense
• Capitalized inventory cost and Period cost
• Inventory Accounting Methods
• Specific Identification
• FIFO Method
• LIFO Method
• Weighted Average Cost Method
• Comparison of Methods
• Rising Prices and Stable Inventory
• Inventory Accounting Under IFRS and U.S. GAAP