Hi guys,
I watched Arif’s videos, Mark’s videos and read Schweser on Inventories and it seemed easier. When I attempted the curriculum questions, I had difficulties. What should I do? Is this topic tough??? This high and lows and write downs are messing me up. Any help would be appreciated.
CFAI EOC Questions & CFAI Blue Boz Questions. Inventories isn’t all that difficult.
Valuation of Invetories comprises of three main concepts- FIFO, LIFO and weighted average. Understanding of the these three methods of inventory valuation and how inventories are to be presented in the Financial Statements along with the relevant disclosures will sum up the chapter. As such Inventories is not a tough topic. I would recommend going through the CFA curriculum books for in depth understanding of the chapter.