sobrevaloración de los inventarios

English translation: overvaluation of inventory

16:10 Jan 31, 2020
Spanish to English translations [PRO]
Bus/Financial - Management / CV
Spanish term or phrase: sobrevaloración de los inventarios
 Depuración de las cuentas contables de inventarios y de las cuentas por pagar con proveedores de dispositivos móviles. En Panamá, se identificó y corrigió una sobrevaloración de los inventarios por USD 483K, y una sobrevaloración de las cuentas por pagar con proveedores por USD 411K
pistacho
Colombia
English translation:overvaluation of inventory
Explanation:
Or stock.
Selected response from:

philgoddard
United States
Grading comment
thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3overvaluation of inventory
philgoddard
5overstatement of inventory
Yudith Madrazo


  

Answers


29 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
overvaluation of inventory


Explanation:
Or stock.

philgoddard
United States
Native speaker of: English
PRO pts in category: 18
Grading comment
thank you

Peer comments on this answer (and responses from the answerer)
agree  Jane Martin
14 mins

agree  neilmac
57 mins

agree  Luis M. Sosa
2 days 23 hrs
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3 hrs   confidence: Answerer confidence 5/5
overstatement of inventory


Explanation:
When you overstate ending inventory, this reduces the amount of inventory that would otherwise have been charged to the cost of goods sold during the period, so that the cost of goods sold expense declines in the current reporting period.


    https://www.accountingtools.com/articles/what-is-the-effect-of-overstated-ending-inventory.html
    https://www.investopedia.com/articles/fundamental-analysis/10/creative-accounting-balance-sheet.asp
Yudith Madrazo
Cuba
Local time: 19:54
Native speaker of: Native in SpanishSpanish
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