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Tax and legal alerts as they are issued, English translations of new Egyptian decrees, and longer guides — written and signed by the partners who do the work.
Egyptian Accounting Standard 2
What goes into the cost of a small factory's products? Materials, direct labour and a share of overheads, with fixed overheads spread over normal capacity, as EAS 2 requires.
How is inventory valued in Egyptian accounts? At the lower of cost and net realisable value under EAS 2, and for tax, net profit is built on the EAS-based income statement.