Inventory Accounting GAAP, Software and Recognizing Variances
Tuesday, June 03, 2025
Webcast or Webinar, Online
7:00 PM - 9:00 PM (opens at 6:30 PM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
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Course Type: Webcast
Course Code: 25/AC679540
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