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STOCK VALUATION

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(Querist)
13 January 2011 HOW IS YEAR ENDING STOCK VALUED IN A MANUFACTURING UNIT?
WHAT ALL POINTS ARE TO BE KEPT IN MIND WHILE DOING SO?
PLEASE EXPLAIN

THAN YOU,
REGARDS,
DEVENDRA
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
16 January 2011 Stock are valued as per book value or market value which ever is lower. Book value is calculated based om wieghted average method.

Pls go through the AS 2 for more details.

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