Inventory Accounting: GAAP, Software and Variance Recognition
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- 184
- Categories:
- Accounting and Auditing | ACPEN Industry Institute | Industry
- Faculty:
- John L. Daly, MBA, CPA, CMA, CPIM
- Course Levels:
- Basic
- Duration:
- 2 Hours
- License:
Description
Need to strengthen your inventory accounting skills? This session will help you get there quickly! The session focuses on the basics: inventory GAAP, inventory software, and methods for dealing with variances. Join inventory accounting veteran John L. Daly for this informative session.
Basic Course Information
Learning Objectives- Understand the basics of these inventory issues:
- GAAP
- Software
- Variance recognition
Major Subjects
- GAAP/IFRS for inventory
- Understanding Inventory software
- Inventory master files
- Bill of Materials (BOM)
- Indented Bill of Materials
- Routings
- Variance recognition
- Keeping costs current
Course Materials
Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
Inventory Accounting Slides (411.8 KB) | Available after Purchase |
Inventory Accounting_Q&A (13.9 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".
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Course Developer Executive Education, Inc.
Designed For Financial professionals who deal with inventory
Yellow Book No
Original Recording Date 10/14/2020
Date Added to Catalog 09/21/2020
Additional Information
Instructional Delivery Method Group Internet BasedComplaint Resolution Policy Please 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
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.
Course Registration Requirements Online Registration
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