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