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Whether in Notes to accounts shown as

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(Querist)
28 June 2025 Cost of material consumed and
Changes in Inventory
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
12 August 2025 In Notes to Accounts of financial statements, both Cost of Material Consumed and Changes in Inventory are generally shown, but as separate disclosures or under specific heads depending on accounting policies.
How these are usually presented:
Cost of Material Consumed
This is disclosed as part of the "Cost of Materials Consumed" or "Raw Material Consumed".
It shows the value of raw materials used during the period.
Often includes details like quantity and cost per unit if required.
Changes in Inventory
Usually disclosed under "Changes in Inventories of Finished Goods, Work-in-Progress, and Stock-in-Trade".
This shows the increase or decrease in inventory values during the period.
It explains how closing and opening inventory differ and impacts the cost of goods sold.
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