STRATEGIC APPROACHES TO INVENTORY VALUATION IN MODERN ENTERPRISES

 Inventory valuation is one of the most significant components of financial and managerial accounting in modern enterprises. Effective inventory valuation directly influences financial reporting accuracy, tax obligations, profitability assessment, cost management, and strategic decision-making processes. This article examines strategic approaches to inventory valuation in modern enterprises by analyzing internationally recognized valuation methods such as FIFO, LIFO, Weighted Average Cost, and Specific Identification. The study also investigates the impact of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) on inventory accounting practices. The research relies on scholarly literature, accounting standards, and empirical findings related to inventory management efficiency and financial performance. The article concludes that selecting an appropriate inventory valuation strategy enhances operational efficiency, improves transparency in financial statements, and strengthens competitive advantages in dynamic market conditions.