{"id":4879,"date":"2021-10-15T13:14:12","date_gmt":"2021-10-15T13:14:12","guid":{"rendered":"https:\/\/montaudit.me\/procjena-vrijednosti-zaliha\/"},"modified":"2024-04-01T08:06:29","modified_gmt":"2024-04-01T08:06:29","slug":"inventory-valuation","status":"publish","type":"page","link":"https:\/\/montaudit.me\/en\/inventory-valuation\/","title":{"rendered":"Inventory valuation"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">.shortcode-single-image-wrap.shortcode-single-image-1a93931e49965882c757ceabe659d769.enable-bg-rollover .rollover i,\n.shortcode-single-image-wrap.shortcode-single-image-1a93931e49965882c757ceabe659d769.enable-bg-rollover .rollover-video i {\n  background: -webkit-linear-gradient();\n  background: linear-gradient();\n}\n.shortcode-single-image-wrap.shortcode-single-image-1a93931e49965882c757ceabe659d769 .rollover-icon {\n  font-size: 32px;\n  color: #ffffff;\n  min-width: 44px;\n  min-height: 44px;\n  line-height: 44px;\n  border-radius: 100px;\n  border-style: solid;\n  border-width: 0px;\n}\n.dt-icon-bg-on.shortcode-single-image-wrap.shortcode-single-image-1a93931e49965882c757ceabe659d769 .rollover-icon {\n  background: rgba(255,255,255,0.3);\n  box-shadow: none;\n}\n<\/style><div class=\"shortcode-single-image-wrap shortcode-single-image-1a93931e49965882c757ceabe659d769 alignnone  enable-bg-rollover dt-icon-bg-off\" style=\"margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px; width:2000px;\"><div class=\"shortcode-single-image\"><div class=\"fancy-media-wrap  layzr-bg\" style=\"\"><img fetchpriority=\"high\" decoding=\"async\" class=\"preload-me lazy-load aspect\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D&#39;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#39;%20viewBox%3D&#39;0%200%201280%20576&#39;%2F%3E\" data-src=\"https:\/\/montaudit.me\/wp-content\/uploads\/2022\/02\/55-1280x576.jpg\" data-srcset=\"https:\/\/montaudit.me\/wp-content\/uploads\/2022\/02\/55-1280x576.jpg 1280w\" loading=\"eager\" sizes=\"(max-width: 1280px) 100vw, 1280px\" width=\"1280\" height=\"576\"  data-dt-location=\"https:\/\/montaudit.me\/en\/procjena-vrijednosti-zaliha\/attachment\/55\/\" style=\"--ratio: 1280 \/ 576;\" alt=\"\" \/><\/div><\/div><\/div>[vc_empty_space][vc_column_text]<\/p>\n<p style=\"text-align: justify;\">The valuation of inventory in Montenegro is regulated by the Accounting Law (&#8220;Official Gazette of Montenegro&#8221; No. 52\/16) as well as the Regulation on the Methodology for the Valuation of Assets (&#8220;Official Gazette of Montenegro&#8221; No. 64\/18), in line with the application of International Accounting Standards.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-cocry-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-cocry-1n7m0yu\">\n<div class=\"flex flex-col text-sm pb-9\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-605\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"1fbc4546-a301-427a-94ef-e2240b654f2d\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<ul>\n<li>IAS 2 &#8211; Inventories<\/li>\n<li>IAS 36 &#8211; Impairment of Assets<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex justify-start gap-3 empty:hidden\">\n<div class=\"text-gray-400 flex self-end lg:self-center items-center justify-center lg:justify-start mt-0 -ml-1 h-7 gap-[2px] visible\">\n<p>&nbsp;<\/p>\n<div class=\"flex items-center gap-1.5 text-xs\"><\/div>\n<div class=\"flex\"><\/div>\n<\/div>\n<\/div>\n<div class=\"pr-2 lg:pr-0\"><\/div>\n<\/div>\n<div class=\"absolute\">\n<div class=\"flex w-full gap-2 items-center justify-center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"w-full pt-2 md:pt-0 dark:border-white\/20 md:border-transparent md:dark:border-transparent md:w-[calc(100%-.5rem)]\">\n<form class=\"stretch mx-2 flex flex-row gap-3 last:mb-2 md:mx-4 md:last:mb-6 lg:mx-auto lg:max-w-2xl xl:max-w-3xl\">\n<div class=\"relative flex h-full flex-1 flex-col\">\n<div class=\"absolute bottom-full left-0 right-0\"><\/div>\n<div class=\"flex w-full items-center\"><\/div>\n<\/div>\n<\/form>\n<\/div>\n<\/div>[vc_column_text]<strong>International Valuation Standards (IVS)<\/strong>[\/vc_column_text][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>International Valuation Standard 230 (IVS 230) &#8211; Inventory<\/li>\n<\/ul>\n<\/div>[\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<p style=\"text-align: justify;\">Inventory of materials, merchandise, work in progress, and finished products represents the most significant portion of business assets and the largest item in financial statements for most business entities.<\/p>\n<p>[\/vc_column_text][vc_empty_space][vc_column_text]<\/p>\n<p style=\"text-align: justify;\"><strong>Expertly conducted inventory valuation is important because:<\/strong><\/p>\n<p>[\/vc_column_text][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li style=\"text-align: justify;\">can help maximize profitability;<\/li>\n<li style=\"text-align: justify;\">ensures that the company can accurately represent the value of inventory in its financial statements;<\/li>\n<li style=\"text-align: justify;\">the method of valuing inventory directly affects the selling price of goods, and thus gross revenue and the monetary value of remaining inventory;<\/li>\n<li style=\"text-align: justify;\">the valuation of remaining inventory affects the potential value of the company;<\/li>\n<li style=\"text-align: justify;\">the method used to value inventory directly impacts gross profit and the income statement, providing companies and investors with insight into financial performance.<\/li>\n<\/ul>\n<\/div>[vc_column_text]<strong>Our team uses different valuation methods depending on the approach to valuation:<\/strong>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text]<\/p>\n<ol>\n<li><strong>Market Approach<\/strong><\/li>\n<\/ol>\n<p>[\/vc_column_text][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>Method of Direct Price Comparison<\/li>\n<\/ul>\n<\/div>[vc_column_text]<strong>2. Income Approach<\/strong>[\/vc_column_text][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>Top-Down Approach<\/li>\n<li style=\"text-align: left;\">Bottom-Up Approach<\/li>\n<\/ul>\n<\/div>[vc_column_text]<strong>3. Cost Approach<\/strong>[\/vc_column_text][vc_empty_space]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li style=\"text-align: justify;\">Method of Replacement Cost<\/li>\n<li style=\"text-align: justify;\">Method of Reproduction Cost<\/li>\n<\/ul>\n<\/div>[\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/5&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: justify;\">In our long-standing practice, we have noticed numerous irregularities in inventory balancing and valuation that carry over into subsequent years of operation. Therefore, it is crucial that your inventory assessment is conducted by a skilled team with extensive experience in this field.<\/p>\n<p>[\/vc_column_text][vc_empty_space][vc_empty_space][\/vc_column][vc_column width=&#8221;3\/5&#8243;]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">.shortcode-single-image-wrap.shortcode-single-image-0eed2ef0944fa6e213839c8c37570568.enable-bg-rollover .rollover i,\n.shortcode-single-image-wrap.shortcode-single-image-0eed2ef0944fa6e213839c8c37570568.enable-bg-rollover .rollover-video i {\n  background: -webkit-linear-gradient();\n  background: linear-gradient();\n}\n.shortcode-single-image-wrap.shortcode-single-image-0eed2ef0944fa6e213839c8c37570568 .rollover-icon {\n  font-size: 32px;\n  color: #ffffff;\n  min-width: 44px;\n  min-height: 44px;\n  line-height: 44px;\n  border-radius: 100px;\n  border-style: solid;\n  border-width: 0px;\n}\n.dt-icon-bg-on.shortcode-single-image-wrap.shortcode-single-image-0eed2ef0944fa6e213839c8c37570568 .rollover-icon {\n  background: rgba(255,255,255,0.3);\n  box-shadow: none;\n}\n<\/style><div class=\"shortcode-single-image-wrap shortcode-single-image-0eed2ef0944fa6e213839c8c37570568 alignnone  enable-bg-rollover dt-icon-bg-off\" style=\"margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px; width:350px;\"><div class=\"shortcode-single-image\"><div class=\"fancy-media-wrap  layzr-bg\" style=\"\"><img decoding=\"async\" class=\"preload-me lazy-load aspect\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D&#39;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#39;%20viewBox%3D&#39;0%200%20350%20220&#39;%2F%3E\" data-src=\"https:\/\/montaudit.me\/wp-content\/uploads\/2022\/02\/inventory-management-kpis-730x410-1-350x220.jpg\" data-srcset=\"https:\/\/montaudit.me\/wp-content\/uploads\/2022\/02\/inventory-management-kpis-730x410-1-350x220.jpg 350w, https:\/\/montaudit.me\/wp-content\/uploads\/2022\/02\/inventory-management-kpis-730x410-1-652x410.jpg 652w\" loading=\"eager\" sizes=\"(max-width: 350px) 100vw, 350px\" width=\"350\" height=\"220\"  data-dt-location=\"https:\/\/montaudit.me\/en\/procjena-vrijednosti-zaliha\/inventory-management-kpis-730x410\/\" style=\"--ratio: 350 \/ 220;\" alt=\"\" \/><\/div><\/div><\/div>[vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_btn title=&#8221;ONLINE APPLICATION FOR HLB INVENTORY VALUATION&#8221; color=&#8221;info&#8221; align=&#8221;center&#8221; link=&#8221;url:https%3A%2F%2Fmontaudit.me%2Fen%2Fonline-application-for-hlb-inventory-valuation%2F&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text] The valuation of inventory in Montenegro is regulated by the Accounting Law (&#8220;Official Gazette of Montenegro&#8221; No. 52\/16) as well as the Regulation on the Methodology for the Valuation of Assets (&#8220;Official Gazette of Montenegro&#8221; No. 64\/18), in line with the application of International Accounting Standards. [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_empty_space][vc_column_text]International Valuation Standards (IVS)[\/vc_column_text][vc_empty_space][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] Inventory of&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4879","page","type-page","status-publish","hentry","description-off"],"_links":{"self":[{"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/pages\/4879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/comments?post=4879"}],"version-history":[{"count":6,"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/pages\/4879\/revisions"}],"predecessor-version":[{"id":5493,"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/pages\/4879\/revisions\/5493"}],"wp:attachment":[{"href":"https:\/\/montaudit.me\/en\/wp-json\/wp\/v2\/media?parent=4879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}