Lower of Cost or Market (LCM) Method: Definition and Uses

Learn how the lower of cost or market (LCM) method helps value inventory accurately by using the lesser of historical cost or market value, key for GAAP compliance.
The Nation Newspaper

Nigeria sets September 2027 to transit to market valuation of fixed-income assets

Nigeria has set September 2027 deadline to begin full implementation of the International Financial Reporting Standards (IFRS ...
New Telegraph

SEC Committed To Promoting Transparency, Investor Trust, Fair Value Reporting – Agama

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has reiterated the Commission’s commitment to promoting transparency, investor confidence, and adherence to ...
The Nation Newspaper

SEC sets 2027 deadline for full transition to market valuation of fixed income assets

He disclosed that the Commission has set October 2, 2025, as the deadline for the submission of implementation plans by capital market operators. These plans, he said, will help the SEC evaluate the ...
Vietnam Investment Review

ACCA unveils first Vietnamese IFRS terminology for international standards

ACCA Vietnam has launched the country’s first Vietnamese translation of sustainability reporting standards terminology.