Inventory Costing Methods

• There
  are distinct
  differences in the treatment of inventory costing methods between the U.S.
  and International Financial Reporting Standards (IFRS). Create an argument
  that the IFRS approach to inventory valuation leads to improved financial
  reporting and informative disclosures. Provide support for your argument.

• Examine Intel’s procedures
  for forecasting its obsolete, excess, and future demand for inventory, and
  determine management’s motives for manipulating these forecasts. Suggest at
  least three ways to improve the quality of these estimates and the required
  disclosures to create greater transparency in reporting to shareholders.
  Provide a rationale for your suggestions.

Please make sure paragraph is at least a paragraph or two long.