Category Archives: Inventories

Inventories – subtleties in current/non-current classification

Posted on October 7, 2011 by admin

by John Hughes Here are two contrasting disclosures relating to inventories. The first is from Petaquilla Minerals Ltd.: The second is from Gennum Corporation: In the first case, a portion of inventory is classified as a non-current rather than a … Continue reading →

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Interim financial statements and inventory – no more special treatment…

Posted on March 31, 2011 by admin

by John Hughes Cinram International Limited highlights an issue that might occasionally be significant to the interim reporting of some entities: Both IFRS and Canadian GAAP generally see little reason for differences between annual and interim statements in how items … Continue reading →

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Closing the Rosen files

Posted on November 24, 2009 by admin

by John Hughes Let’s deal with the last two items in Al Rosen’s list of IFRS-related problems (see my November 3, 10 and 14 postings): More specifically, some of the most common issues that will pose problems for investors include: … Continue reading →

Posted in Financial literacy, IFRS, Inventories, Statement of cash flows | Leave a comment