Isaac is a company which buys agricultural produce from wholesale suppliers for retail to the general public.
It is preparing its financial statements for the year ending 30 September 2014 and is considering its closing inventory.
In addition to IAS 2 Inventories, which of the following IFRSs may be relevant to determining the figure to be included in its financial statements for closing inventories?
A IAS 10 Events After the Reporting Period
B IAS 11 Construction Contracts
C IAS 16 Property, Plant and Equipment
D IAS 41 Agriculture