Accounting Standard 2 (AS-2) Full Revision | Closing Stock, FIFO, NRV & Overheads | CA INTER 2026

Watch and Learn Concepts on the move! Join the live classes and watch backup for completed topics on the same day. What you get additionally? √Google Drive backup √Complete videos on Pen drive with validity till you clear your exam. √Books and Pen drive at your doorstep. Register for direct to home classes and leave all worries to us. Perks from Us: √ Latest Videos √ Voice Notes √ Multiple Views per video √ Free Extension of validity √ Free Amendments √ Queries resolved on Whatsapp √ Mock Tests √ Exam Mentoring and handling stress √ Continued support til you clear the exam .Play on Windows, Android and Macbook To know more: For enquiries WA To get a call bit.ly/3p6ZBeX *** 00:00 – Introduction (AS-2) 00:45 – Closing Stock Concept 01:26 – Example (Profit & Stock) 03:32 – Definition & Types of Inventory 07:42 – Valuation Rule (Cost vs NRV) 08:06 – Conservatism Concept 10:08 – Cost of Inventory 11:44 – Cost of Purchase (GST) 15:00 – Conversion & Other Costs 17:33 – Overheads (Variable & Fixed) 20:10 – Fixed Overhead Example 24:27 – NRV Concept 26:29 – NRV for WIP 27:56 – Item-by-Item Valuation 30:12 – Cost Methods (FIFO, WA, Specific ID) 33:44 – Raw Material Special Rule 37:46 – Excluded Costs 40:22 – Normal vs Abnormal Loss 45:31 – Purpose of Holding Inventory 49:08 – Joint & By-products 53:18 – Retail & Standard Cost Method 56:36 – Disclosure Requirements 58:04 – Items not covered under AS-2 01:01:06 – Conclusion #cmafinal #corporatefinancialreporting #cfr #cmacfr #startearly #stayahead #Caintermediate #caexams #cacoaching #caclassesonline #learnfromhome #learnwithsagc #facetoface #cainter #sudarshanagrawalclasses #mumbai #navimumbai #as #maharashtra #cainterclassess #accountingstandards#cmapendriveclasses #lease