Analysis of control and measurement of inventories according to the International Accounting Standard 2 in industries.

Abstract

The industries that manufacture uniforms in the parish of El Bombolí - city of Santo Domingo, must have an adequate control of production costs, and of the accounting measurement of their inventories, to obtain relevant information for decision making. The research found that there is no evidence of the application of procedures that would enable them to measure and control production costs in accordance with international accounting standards (IAS 2). The objective was to determine the regulations for the application of the accounting treatment and other techniques for a better analysis. The procedures for the control of production costs and inventory measurement included in these regulations were evidenced under the International Financial Reporting Standards.