Topic: Aerospace & Defense Companies

Subject: FAR treatment of increases/decreases to inventory reserve
Nancy Del Riego
Member: 2011
Posts:3
Submitted on 08-16-16 2:42 pm
Message:

Hi all,


I need to understand how FAR treats changes to inventory reserves for obsolete inventory.  Are these changes allowable?  Are there special circumstances for allowability?  What is the applicable FAR language?


I have searched FAR on the internet and haven't found anything that definitive.


Thank you kindly.


Best,


Nancy Del Riego


 

 
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