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Inventory Accounting GAAP, Software and Recognizing Variances

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.

Prerequisites

None

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

Highlights

  • Inventory accounting
  • GAAP
  • Methods for dealing with variances

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

5504112

2 CPE Credits
Accounting: 2 Credits

Registration

Member Price:
$79
Non-member Price:
$109

Registration is open through 07/02.

Tuesday, July 2nd

10:00am to 12:00pm

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Instructor

John Daly