Inventory Accounting GAAP, Software and Recognizing Variances

Thursday, May 29, 2025
Webcast or Webinar, Online
1:00 PM - 3:00 PM (opens at 12:30PM) EST
2Credits
Accounting and Auditing

Registration is Open

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price

CPE PowerPass Users

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 25/AC679485
Level: Basic
Vendor: ACPEN
Field of Study: Accounting

Overview:

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.

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 Topics:

  • Inventory accounting
  • GAAP
  • Methods for dealing with variances

 

Major Topics:

  • Inventory accounting
  • GAAP
  • Methods for dealing with variances

 

Designed For:

Financial professionals who deal with inventory

Prerequisites:

None