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 Abstract
A Call to cancel periodic inventory method system in the
small and medium-sized institutes

This study aimed to call for cancellation of periodic inventory

method system in all the institutions in general, and small and
medium-sized enterprises in particular, based on the opinions of the
specialist collected via specialized accounting forums across the
Internet.
The study found a number of results, which can be summarized as
follows:
1. The most important reasons for this type of institutions to use
the inventory method of periodic nature are type of commodity
trading, adoption of manual accounting systems, owner's direct
intervention, and resistance to change by some of the
administrative bodies.
2. Periodic inventory in a way is contrary to the conceptual
framework.
3. All financial staff is aware of the importance of using
perpetual inventory system.
4. All financial staff is aware of the risks of using periodic
inventory system.
5. The presence of a number of obstacles prevent using perpetual
system such as, Lack of awareness of the management and owners
of importance of this method, intervention of the owners, and
the unwillingness of owners to buy accounting software's.

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 www.alqashi.hooxs.com
http://www.jps-
dir.com/Forum/default.asp?C=7
http://infotechaccountants.com/forums/forumdisplay.php?f=78

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‫(المعايير االوللراإلادااواداالتقاييي االميلراإلا‪،2003‬امعراييا‬
‫المحيسبإلاالولليايقما(‪)2‬اصا‪)3-2‬‬

‫(الم جا االااي‪، ،‬ا‬

‫صا‪،4-2‬االبنوايقما‪)5‬‬

‫ا(الم ج اسي‪، ،‬اصا‪10-2‬ا‪،‬نوايقما‪)31‬‬

‫)‪(Kieso & others, Page 370‬‬

‫‪7‬‬
8
‫‪4%‬‬ ‫‪1‬‬
‫‪42%‬‬ ‫‪10‬‬
‫‪46%‬‬ ‫‪11‬‬
‫‪8%‬‬ ‫‪2‬‬
‫‪100%‬‬ ‫‪24‬‬
‫ا‬

‫‪33%‬‬ ‫‪8‬‬
‫‪46%‬‬ ‫‪11‬‬
‫‪13%‬‬ ‫‪3‬‬
‫‪8%‬‬ ‫‪2‬‬
‫‪100%‬‬ ‫‪24‬‬

‫‪9‬‬
25% 6
62.5% 15
12.5% 3
100% 24

17% 4 2--5
20.5% 5 6--10
20.5% 5 11--15
25% 6 16--20
17% 4 20
100% 24

10
 ‫‪2‬‬ ‫‪13‬‬ ‫‪9‬‬
‫‪0.624‬‬ ‫‪4.291‬‬
‫‪8%‬‬ ‫‪54%‬‬ ‫‪38%‬‬

‫‪4‬‬ ‫‪4‬‬ ‫‪13‬‬ ‫‪3‬‬

‫‪0.923‬‬ ‫‪3.625‬‬
‫‪17%‬‬ ‫‪17%‬‬ ‫‪54%‬‬ ‫‪13%‬‬

‫‪1‬‬ ‫‪3‬‬ ‫‪5‬‬ ‫‪9‬‬ ‫‪6‬‬

‫‪1.1293‬‬ ‫‪3.666‬‬
‫‪4‬‬ ‫‪13%‬‬ ‫‪21%‬‬ ‫‪38%‬‬ ‫‪25%‬‬

‫‪6‬‬ ‫‪5‬‬ ‫‪12‬‬ ‫‪1‬‬

‫‪0.916‬‬ ‫‪3.333‬‬
‫‪25%‬‬ ‫‪21%‬‬ ‫‪50%‬‬ ‫‪4%‬‬

‫‪2‬‬ ‫‪16‬‬ ‫‪6‬‬

‫‪0.564‬‬ ‫‪4.167‬‬
‫‪8%‬‬ ‫‪67‬‬ ‫‪25%‬‬

‫‪2‬‬ ‫‪5‬‬ ‫‪13‬‬ ‫‪4‬‬

‫‪0.832‬‬ ‫‪3.971‬‬
‫‪8%‬‬ ‫‪21%‬‬ ‫‪54%‬‬ ‫‪17%‬‬

‫‪3.891‬‬ ‫المجموع‬

‫‪0.624‬‬ ‫‪4.291‬‬

‫‪0.923‬‬ ‫‪3.625‬‬

‫‪3.666‬‬
‫‪1.1293‬‬

‫‪0.916‬‬ ‫‪3.333‬‬

‫‪11‬‬
 ‫‪0.564‬‬ ‫‪4.167‬‬

‫‪0.832‬‬ ‫‪3.971‬‬
‫‪3.891‬‬

‫‪4‬‬ ‫‪2‬‬ ‫‪15‬‬ ‫‪3‬‬

‫‪0.907‬‬ ‫‪3.708‬‬
‫‪17%‬‬ ‫‪8%‬‬ ‫‪63%‬‬ ‫‪13%‬‬

‫‪1‬‬ ‫‪4‬‬ ‫‪3‬‬ ‫‪14‬‬ ‫‪2‬‬

‫‪1.021‬‬ ‫‪3.5‬‬
‫‪4%‬‬ ‫‪17%‬‬ ‫‪13%‬‬ ‫‪58%‬‬ ‫‪8%‬‬

‫‪5‬‬ ‫‪3‬‬ ‫‪14‬‬ ‫‪2‬‬

‫‪0.931‬‬ ‫‪3.541‬‬
‫‪21%‬‬ ‫‪13%‬‬ ‫‪58%‬‬ ‫‪8%‬‬

‫‪2‬‬ ‫‪3‬‬ ‫‪13‬‬ ‫‪6‬‬

‫‪0.880‬‬ ‫‪3.958‬‬
‫‪8%‬‬ ‫‪13%‬‬ ‫‪54%‬‬ ‫‪25%‬‬

‫‪3‬‬ ‫‪9‬‬ ‫‪8‬‬ ‫‪4‬‬

‫‪0.931‬‬ ‫‪3.541‬‬
‫‪13%‬‬ ‫‪38%‬‬ ‫‪33%‬‬ ‫‪17%‬‬

‫‪1‬‬ ‫‪4‬‬ ‫‪4‬‬ ‫‪12‬‬ ‫‪3‬‬

‫‪1.102‬‬ ‫‪3.5‬‬
‫‪4%‬‬ ‫‪17%‬‬ ‫‪17%‬‬ ‫‪50‬‬ ‫‪13%‬‬

‫‪7‬‬ ‫‪6‬‬ ‫‪9‬‬ ‫‪2‬‬

‫‪0.989‬‬ ‫‪3.25‬‬
‫‪29%‬‬ ‫‪25%‬‬ ‫‪38%‬‬ ‫‪8%‬‬

‫‪3.571‬‬ ‫المجموع‬

‫‪12‬‬
 ‫‪3.708‬‬
‫‪0.907‬‬

‫‪1.021‬‬ ‫‪3.5‬‬

‫‪0.931‬‬ ‫‪3.541‬‬

‫‪0.880‬‬ ‫‪3.958‬‬

‫‪0.931‬‬ ‫‪3.541‬‬

‫‪1.102‬‬ ‫‪3.5‬‬

‫‪0.989‬‬ ‫‪3.25‬‬
‫‪3.571‬‬

‫‪1‬‬ ‫‪3‬‬ ‫‪1‬‬ ‫‪17‬‬ ‫‪2‬‬

‫‪0.916‬‬ ‫‪3.666‬‬
‫‪4%‬‬ ‫‪13%‬‬ ‫‪4%‬‬ ‫‪71%‬‬ ‫‪8%‬‬

‫‪1‬‬ ‫‪1‬‬ ‫‪2‬‬ ‫‪15‬‬ ‫‪5‬‬

‫‪0.928‬‬ ‫‪3.916‬‬
‫‪4%‬‬ ‫‪4%‬‬ ‫‪8%‬‬ ‫‪63%‬‬ ‫‪21%‬‬

‫‪2‬‬ ‫‪5‬‬ ‫‪13‬‬ ‫‪4‬‬

‫‪0.583‬‬ ‫‪3.791‬‬
‫‪8%‬‬ ‫‪21%‬‬ ‫‪54%‬‬ ‫‪17%‬‬

‫‪3‬‬ ‫‪4‬‬ ‫‪14‬‬ ‫‪3‬‬

‫‪0.750‬‬ ‫‪3.708‬‬
‫‪13%‬‬ ‫‪17%‬‬ ‫‪58%‬‬ ‫‪13%‬‬

‫‪4‬‬ ‫‪6‬‬ ‫‪11‬‬ ‫‪3‬‬

‫‪1.020‬‬ ‫‪3.541‬‬
‫‪17%‬‬ ‫‪25%‬‬ ‫‪46%‬‬ ‫‪13%‬‬

‫‪3.725‬‬ ‫المجموع‬
‫‪13‬‬
 0.916 3.666

0.928 3.916

3.791
0.583

0.750 3.708

1.020 3.541
3.725

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15
16
17
Kieso, and others, Intermediate Accounting, 12th edition, John Wiley &
Sons, 2007. P 370

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