Inventory Accounting GAAP, Software and Recognizing Variances
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- 0
- Categories:
- ACPEN Industry Institute | Accounting and Auditing
- Faculty:
- John L. Daly, MBA, CPA, CMA, CPIM
- Course Levels:
- Basic
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
Many organizations struggle to keep budgets current in an ever-changing business climate. Twenty-first century performance metrics focus on determining what budgets should be rather than what they were in the past. Using performance metrics effectively reduces work, reduces politics, provides flexibility and substantially improves the performance management process. This session will show you powerful techniques to drive your organization’s performance.
Basic Course Information
Learning Objectives- GAAP/IFRS for inventory
- Understanding Inventory software
- Inventory master files
- Bill of Materials (BOM)
- Indented Bill of Materials
- Routings
- Variance recognition
- Keeping costs current
Major Subjects
- Inventory accounting
- GAAP
- Methods for dealing with variances
Course Materials
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase |
Inventory Accounting GAAP, Software and Recognizing Variances Handout (444.1 KB) | Available after Purchase |
Faculty

John L. Daly, MBA, CPA, CMA, CPIM Related Seminars and Products
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal. John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of "Pricing for Profitability", published by Wiley and Sons and a novel, "Tool & Die".
Dates
Thu, May 29, 2025 - 12:00 PM to 2:00 PM CDT
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Tue, Jun 03, 2025 - 6:00 PM to 8:00 PM CDT
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Fri, Jun 13, 2025 - 10:00 AM to 12:00 PM CDT
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Thu, Jun 26, 2025 - 12:00 PM to 2:00 PM CDT
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Sat, Jun 28, 2025 - 9:00 AM to 11:00 AM CDT
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Thu, Jul 17, 2025 - 8:00 AM to 10:00 AM CDT
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Thu, Jul 24, 2025 - 8:00 AM to 10:00 AM CDT
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Tue, Jul 29, 2025 - 5:00 PM to 7:00 PM CDT
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Wed, Jul 30, 2025 - 8:00 AM to 10:00 AM CDT
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Tue, Aug 12, 2025 - 8:00 AM to 10:00 AM CDT
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Wed, Aug 20, 2025 - 8:00 AM to 10:00 AM CDT
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Sat, Aug 23, 2025 - 8:00 AM to 10:00 AM CDT
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Thu, Aug 28, 2025 - 8:00 AM to 10:00 AM CDT
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Wed, Sep 17, 2025 - 8:00 AM to 10:00 AM CDT
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Tue, Sep 23, 2025 - 8:00 AM to 10:00 AM CDT
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Thu, Sep 25, 2025 - 5:00 PM to 7:00 PM CDT
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Mon, Sep 29, 2025 - 8:00 AM to 10:00 AM CDT
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Thu, Oct 16, 2025 - 8:00 AM to 10:00 AM CDT
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Fri, Oct 24, 2025 - 8:00 AM to 10:00 AM CDT
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Tue, Oct 28, 2025 - 8:00 AM to 10:00 AM CDT
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Thu, Oct 30, 2025 - 5:00 PM to 7:00 PM CDT
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Mon, Nov 10, 2025 - 8:00 AM to 10:00 AM CST
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Tue, Nov 18, 2025 - 8:00 AM to 10:00 AM CST
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Fri, Nov 21, 2025 - 8:00 AM to 10:00 AM CST
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Tue, Nov 25, 2025 - 8:00 AM to 10:00 AM CST
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Thu, Dec 11, 2025 - 8:00 AM to 10:00 AM CST
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Sat, Dec 20, 2025 - 8:00 AM to 10:00 AM CST
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Mon, Dec 29, 2025 - 8:00 AM to 10:00 AM CST
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Tue, Dec 30, 2025 - 5:00 PM to 7:00 PM CST
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Mon, Jan 19, 2026 - 1:00 PM to 3:00 PM CST
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Tue, Jan 27, 2026 - 9:00 AM to 11:00 AM CST
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Mon, Feb 16, 2026 - 10:00 AM to 12:00 PM CST
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Wed, Feb 25, 2026 - 11:00 AM to 1:00 PM CST
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Tue, Mar 17, 2026 - 1:00 PM to 3:00 PM CDT
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Tue, Mar 31, 2026 - 9:00 AM to 11:00 AM CDT
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Fri, Apr 10, 2026 - 10:00 AM to 12:00 PM CDT
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Wed, Apr 22, 2026 - 11:00 AM to 1:00 PM CDT
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Fri, May 15, 2026 - 1:00 PM to 3:00 PM CDT
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Wed, May 20, 2026 - 9:00 AM to 11:00 AM CDT
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Thu, Jun 11, 2026 - 10:00 AM to 12:00 PM CDT
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Fri, Jun 19, 2026 - 11:00 AM to 1:00 PM CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Financial professionals who deal with inventory
Original Recording Date 02/15/2024
Course Developer John L. Daly
Date Added to Catalog 10/07/2023
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.