JUMOQ Learning · Assets, Impairment & Leases

Advanced Ind AS 2 – Complex Inventory Estimates, Controls and Audit Defence

Evaluate and defend complex conclusions in Complex Inventory Estimates, Controls and Audit Defence. The course is deliberately separated from adjacent topics so that each JUMOQ course remains focused and developable.

INDAS2-A01Advanced

Course director: Venkata Subramani Ramachandra

3 hr 9 minFull study estimate

Full study estimate: 3 hr 9 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Course orientation

VideoJudgement, Governance and Audit Defence under Ind AS
VideoInd AS 2 Architecture and Learning Path

Slow-moving and obsolete inventory

LessonSlow-moving and obsolete inventory
VideoSlow-moving and obsolete inventory: visual explainer
QuizLesson 1 Knowledge Check
Decision MissionDecision Mission

Capacity and overhead judgements

LessonCapacity and overhead judgements
VideoCapacity and overhead judgements: visual explainer
QuizLesson 2 Knowledge Check
Case QuestCase Quest

Commodity broker-trader issues

LessonCommodity broker-trader issues
QuizLesson 3 Knowledge Check

Cut-off and consignment risks

LessonCut-off and consignment risks
QuizLesson 4 Knowledge Check
Practice LabPractice Lab

Governance of costing and NRV evidence

LessonGovernance of costing and NRV evidence
QuizLesson 5 Knowledge Check
Roleplay StudioRoleplay Studio
AssignmentTechnical Assignment – prepare an accounting paper and workings
Downloadable resourceAdvanced Ind AS 2 – Complex Inventory Estimates, Controls and Audit Defence – Applied Data, Model or Disclosure Pack
Downloadable resourceInd AS 2 Standard Map, Scope and Decision Checklist
Downloadable resourceInd AS 2 Disclosure, Control and Evidence Checklist
Downloadable resourceInd AS Research, Judgement and Documentation Guide

Final Assessment

QuizAdvanced Ind AS 2 – Complex Inventory Estimates, Controls and Audit Defence – Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

Checking current course access…