Abstract：
Research of the valuation method of inventory is extermly urgent. Since 1900,（我觉得这里该用21世纪啊...)With the compliance of Intenational Accounting Standandard and the development of th markent economy, accounting stardands are improving gradually.Inventory is a crucial assst of an entity and it always plays significant role.（这句翻成英文有点啰嗦了,毕竟会计就这么几个term）The measurement of inventory cost effects the income tax, profit and cost of goods sold. Facing the new economy model, the old measurements of inventory cost cannot adapt to the economy trend anymore. Major changes was made in the new Accounting Standard of China (这个企业会计准则我不知道国内是GAAP还是accounting standard,你可能要自己看一下这个特殊名词）.The principles and scopes of measuring cost of inventory are stated as well. This paper (report, essay看你是什么了)introduces the measurments of inventory cost. It also studies the constititution of popular inventory cost measurements, scope of application and the effects brought to entities. It analyses the principles and compares the data around different inventory cost measurements.By analysing the inventory cost measuremets of public listed compnies,the paper makes comparasion on how different cost measuremets could effect the entities.Some advice is provided on how entities should choose their inventory cost measurements.
术语没问题,语法你自己再检查检查吧.不是英语专业的,只能帮你到这儿了.