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Live Webcast Replay

Inventory Accounting: GAAP, Software and Variance Recognition

Total Credits: 2 including 2 Accounting - Technical

Average Rating:
   157
Category:
Accounting and Auditing |  ACPEN Industry Institute |  Industry
Faculty:
John L. Daly, MBA, CPA, CMA, CPIM
Course Levels:
Basic
Duration:
2 Hours
License:
Access for 30 day(s) after program date.
Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.
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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's Profile

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, Feb 09, 2023 - 07:00am to 08:52am MST
Fri, Feb 17, 2023 - 07:30am to 09:22am MST
Fri, Feb 24, 2023 - 08:00am to 09:52am MST
Tue, Feb 28, 2023 - 11:00am to 12:52pm MST
Thu, Mar 16, 2023 - 07:30am to 09:22am MDT
Thu, Mar 23, 2023 - 08:00am to 09:52am MDT
Thu, Mar 30, 2023 - 04:30am to 06:22am MDT
Fri, Mar 31, 2023 - 08:00am to 09:52am MDT
Thu, Apr 13, 2023 - 08:00am to 09:52am MDT
Fri, Apr 21, 2023 - 08:00am to 09:52am MDT
Thu, Apr 27, 2023 - 11:00am to 12:52pm MDT
Fri, Apr 28, 2023 - 08:00am to 09:52am MDT
Thu, May 11, 2023 - 08:00am to 09:52am MDT
Thu, May 18, 2023 - 08:00am to 09:52am MDT
Sat, May 20, 2023 - 07:30am to 09:22am MDT
Fri, May 26, 2023 - 08:00am to 09:52am MDT
Fri, Jun 09, 2023 - 08:00am to 09:52am MDT
Mon, Jun 19, 2023 - 08:00am to 09:52am MDT
Sat, Jun 24, 2023 - 07:30am to 09:22am MDT
Wed, Jun 28, 2023 - 08:00am to 09:52am MDT
Mon, Jul 24, 2023 - 08:00am to 09:52am MDT
Tue, Jul 25, 2023 - 08:00am to 09:52am MDT
Wed, Jul 26, 2023 - 08:00am to 09:52am MDT
Thu, Jul 27, 2023 - 11:00am to 12:52pm MDT
Fri, Aug 11, 2023 - 08:00am to 09:52am MDT
Mon, Aug 21, 2023 - 08:00am to 09:52am MDT
Sat, Aug 26, 2023 - 07:30am to 09:22am MDT
Mon, Aug 28, 2023 - 08:00am to 09:52am MDT
Tue, Sep 12, 2023 - 08:00am to 09:52am MDT
Thu, Sep 21, 2023 - 08:00am to 09:52am MDT
Thu, Sep 28, 2023 - 08:00am to 09:52am MDT
Sat, Sep 30, 2023 - 07:30am to 09:22am MDT
Mon, Oct 09, 2023 - 08:00am to 09:52am MDT
Tue, Oct 17, 2023 - 08:00am to 09:52am MDT
Thu, Oct 26, 2023 - 11:00am to 12:52pm MDT
Mon, Oct 30, 2023 - 08:00am to 09:52am MDT
Thu, Nov 09, 2023 - 08:00am to 09:52am MST
Sat, Nov 18, 2023 - 07:30am to 09:22am MST
Tue, Nov 21, 2023 - 08:00am to 09:52am MST
Thu, Nov 30, 2023 - 08:00am to 09:52am MST
Mon, Dec 11, 2023 - 08:00am to 09:52am MST
Tue, Dec 19, 2023 - 08:00am to 09:52am MST
Fri, Dec 29, 2023 - 08:00am to 09:52am MST
Sat, Dec 30, 2023 - 07:30am to 09:22am MST

Additional Info

Basic Course Information

Prerequisites None
Advanced 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 Based
Complaint 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

Reviews

5
4
3
2
1

Overall:      4.5

Total Reviews: 157

Comments

James C

" "

Matthew O

" "

Charles D

"."

Kathryn F

"."

Abigail R

"John was very easy to follow and understand. I would participate in one of his courses again."

Karen H - Glendale, Wisconsin

"A good high level introduction to inventory accounting for beginners first starting out."

Kareyna M

"This is one of the better courses I've watched. "

Frederick P

" "

Steven S

"Great job John and Mario as well and collaborating. "

John E

"John always does a great job. "

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