A study on stock valuation of a toy manufacturing company and its compliance with the IAS 2 / Azhar Shaaya Basheer

These project paper will basically discussed on the requirements of I.A.S 2 for the valuation of stocks. Discussion will also included the Standard Statement of Accounting Standard 9 (SSAP 9) since the IAS 2 accords closely with the content of this SSAP. Compliance with this standard will also ensure compliance with the IAS.1 Com­ parison with other Accounting standards may be done to find any similarity or differences regarding stock valuations of the respective standards. The standards will be studied thoroughly in order to understand the requirements of the standard and also to determine the practicability of them towards the preparation of a true and fair financial state­ ment. In making these discussion interesting and realistic, the valuation of stock of a toy manufacturing company will be studied.