Inventory: Difference between revisions
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1. | 1. Raw materials, components, work in progress (WIP) and finished goods held by a company or other entity under review. | ||
2. ''Financial reporting - balance sheet - assets''. | |||
2. | |||
''Financial reporting - balance sheet - assets''. | |||
Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date. | Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date. |
Revision as of 22:47, 30 December 2020
1. Raw materials, components, work in progress (WIP) and finished goods held by a company or other entity under review.
2. Financial reporting - balance sheet - assets.
Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date.
Also known as Stock or Inventories.