Under US GAAP and IFRS, companies are required to make the following disclosures about inventory.

• Accounting policies for measuring inventories, including cost formulas used
• Total carrying amount of inventories
• Carrying amount of inventories carried at fair value less costs to sell
• Amount of inventories expensed during the period
• Amount of any write-downs expensed in the period
• Amount of any reversal of any write-down
• Circumstances leading to reversals of write-downs
• Carrying amount of inventories pledged as securities for liabilities