United States

ASU 2015-11: Simplifying the Measurement of Inventory

Sep 14, 2015
From Financial Reporting View

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This Podcast features professionals from KPMG's Department of Professional Practice discussing ASU 2015-11, Simplifying the Measurement of Inventory, which changes the measurement principle from the lower of cost or market to lower of cost and net realizable value.

For additional information on ASU 2015-11, read our Defining Issues 15-33.