ENHANCEMENT OF INVENTORY ACCOUNTING AND AUDITING IN ACCORDANCE WITH INTERNATIONAL STANDARDS

This article addresses the issues surrounding the refinement of inventory accounting and auditing in accordance with international standards. It comprehensively examines the primary international standards for financial reporting and auditing, their role in business, challenges associated with current accounting and auditing methods, and the advantages of adopting international standards. Additionally, the article sheds light on contemporary trends, changes in standards, and steps taken to enhance inventory accounting and auditing