Inventory Accounting GAAP, Software and Variance Recognition

Friday, December 13, 2024
Webcast or Webinar, Online
4:00 PM - 6:00 PM (opens at 3:30 PM) EST
2Credits
Accounting and Auditing

Registration is Open

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

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/AC502854
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