Accounting for IGCSE - Video 29 - Inventory Valuation

The entire syllabus for IGCSE will be covered through this video series and students can revise using these videos for the forthcoming examination.

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Basics of Financial Statements:

Financial statements with year-end adjustments:

All topics ranging from the basic concepts of accounting to the day books and cash books, bank reconciliation, control accounts, year-end adjustments, financial statements of sole traders, partnerships, limited companies and non-profit organisations, correction of errors and interpretation and analysis using accounting ratios will be covered.

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[tamrinaabrahman]

Good teaching but please lower the talking pace

[jimmyjim]

Sir I have some doubt about... Is "Inventory overstated" & "Inventory Understated"--- "Inventory" refer to the opening stock or closing stock?

[quicklearner]

I am an oleveln student, are all the courses covered in this video according to caie syllabus?

[muhzxcs]

bro can you help me with a question that says it is estimated that half of the motor expenses related to miriam's personal use what should i do with this transaction pls help me

[demianandserenasilva]

wow. thx bro so much . this lesson keeps on bugging me. i subscribed and smashed the thumbs up

[robloxprisoners]

Where are inventory T accounts covered

[kibretgetachew]

Thanks Sir
I like ur way of teaching.

[emant]

Why did we multiply the units with the selling price in first one and cost in the second one?

[Bilal]

Can you explain why the effect on next year cost of sale will be overstated if inventory is overstate

[zahraa]

sir if they ask us to value inventory, provided with opening inventory and the “margin” is 25% what is the formula to value the inventory?

[enmojbd]

what would be the effect of incorrect valuation of inventory on equity?

[robloxprisoners]

Why are current assets not effected in the next year (11:41)