Inventory is an important thing for the company because most of the company's assets are embedded in inventory. With inventory, the company can maintain its survival. The problems that are often experienced in inventory accounting are recording and valuation

The aim of the submitted article is to describe on the basis of evaluation basis principle requirements of IAS 2 – Inventories for definition, valuation a disclosure of this part of inventories which is the subject of its solution, to compare them with the analogical requirements of the Czech...