Some convergences and differences on the accounting treatment of stocks by prism national and international provisions

Abstract

In the current context, inventory management is an indispensable part of ensuring the continuity of the entity's activity in terms of performance and optimization. This paper aims to highlight the importance of inventories held by the entity and to highlight some convergences and divergences on the accounting treatment of inventories from the perspective of national and international regulations, similarities and differences in purpose, scope, definitions, composition, valuation and others. In order to carry out a comparative quality analysis, the national and international normative acts as well as the specialized literature in the field were studied. CZU: 657.371:006.44(100+478); JEL: M40, M41; DOI: https://doi.org/10.53486/9789975359023.33