Indirect Costs in the Valuation of Inventories: From Law, Accounting Principles to Case Law Decisions


Article type :

Original article

Author :

Maria Silvia Avi

Volume :

4

Issue :

8

Abstract :

The valuation of inventories is one of the main issues in financial reporting. In particular, the issue of allocation of indirect costs identifies a problem under discussion. This article highlights how in Italy indirect costs are considered in the valuation of inventories by law, accounting standards and case law.

Keyword :

valuation of inventories ,indirect costs,accounting standards and case law